US Tariffs Cause Sharp Decline in India's Exports Amidst Sectoral Challenges
TL;DR
India now faces higher US tariffs than China, reflecting a shift in US foreign policy under Trump from strategic partnership to transactionalism, which has strained India-US relations and impacted their long-standing strategic ties, despite some recent military and defense collaborations.
- India now incurs higher U.S. tariffs than China. What does it say about Trump's foreign policy? CNBC
- US tariffs hit India’s export engine: GTRI report shows 37.5% slump across key sectors; smartphones, phar The Times of India
- Tariff effect now showing in data: India's US exports dip sharply, analysis lists risks Hindustan Times
- Trump tariffs trigger 37.5% drop in Indian exports, alarm bells ring across key sectors The Economic Times
- 6% growth in seafood exports despite US penalty tax: MoS George Kurian The New Indian Express
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