20-August-2026
Economy News
 
India’s exports to US hold firm after a year of Trump’s tariffs
20-Aug-2026

India’s share of exports to the US remained largely unchanged despite a year of President Donald Trump’s punitive tariffs and New Delhi’s efforts to diversify its trade with a raft of new deals with other countries. An analysis of trade ministry data for the 12 months through July shows the US continues to account for about 20% of India’s exports. Over that period, Trump slapped tariffs as high as 50% on Indian goods at one point, before dropping it to 18% in February this year. The goods now carry a 10% tariff rate.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-exports-to-us-hold-firm-after-a-year-of-trumps-tariffs/articleshow/133338258.cms