India's Merchandise Exports to the US Crashed More Than 22% from May to August: GTRI Report
India's merchandise exports to the US, its largest trading partner, fell by a massive 22.2% from $8.8 billion to $6.9 billion between May and August 2025, according to a new report by the Global Trade Research Initiative (GTRI). US tariffs on Indian goods rose from 10% in early August to 25% from 7 August, and finally to a record 50% by the end of the month...
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