“India faces USD 5.76bn drop in US exports by 2025, electronics and seafood hit hardest”

India’s merchandise exports to the US are projected to decline by USD 5.76 billion by 2025 as a result of the escalating US tariffs, impacting key sectors such as electronics, seafood, and gold the most. However, there may be potential gains for India’s textiles and pharmaceutical industries. The new tariffs are expected to have a significant impact on a wide range of goods worth USD 67.2 billion. This development underscores the growing challenges faced by Indian exporters amid the evolving global trade landscape. It is crucial for Indian businesses to strategize and diversify their export markets to mitigate the impact of these tariffs and ensure sustainable growth in the long term.

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