India is bracing for a significant drop in merchandise exports to the US, with a projected loss of USD 5.76 billion by 2025 as a result of increased US tariffs. Sectors such as electronics, seafood, and gold are expected to be the hardest hit by these tariffs, which will impact a wide array of goods totaling USD 67.2 billion. Despite these challenges, India’s textiles and pharmaceutical industries are anticipated to see some gains. The implications of these tariffs are likely to have a substantial impact on India’s trade relations with the US in the coming years.
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India’s US exports to decline by $5.76 billion in 2025 due to tariffs, but textiles and pharmaceuticals may benefit.
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