US tariffs slash Indian exports by 37.5% in just 5 months
Between May and September 2025, India's exports to the US dropped sharply—from $8.8 billion to $5.5 billion—after the US raised tariffs on Indian goods, some as high as 50%, in response to India's oil trade with Russia.
Even products that were supposed to be tariff-free took a big hit, falling by nearly half.
Why should you care?
This export crash is putting jobs at risk across sectors like gems, textiles, chemicals, and seafood—especially in states like Gujarat and Kerala.
With the share of Indian exports to the US shrinking fast, exporters are seeking ways to mitigate losses.
Trade experts are urging quick action from the government—including launching a long-promised Export Promotion Mission—to help protect jobs and keep businesses afloat during this tough patch.