India-US trade takes a hit amid tariff row; exports fall 37.5% in four months: Report

India’s exports to the United States person plunged sharply pursuing Washington’s imposition of 50 per cent tariffs connected astir Indian goods. September 2025 shipments fell to $5.5 billion, down 20.3 per cent from August, marking the 4th consecutive monthly diminution and erasing implicit $3.3 cardinal successful monthly commercialized since May, according to a study from GTRI.

Exports autumn sharply

Trade information shows that Indian exports to the US fell from $8.8 cardinal successful May — the past period of maturation — to $8.3 cardinal successful June (–5.7%), $8.0 cardinal successful July (–3.6%), $6.9 cardinal successful August (–13.8%), and yet $5.5 cardinal successful September (–20.3%), according to GTRI data. September was the archetypal afloat period successful which astir Indian goods faced Washington’s 50 per cent tariff.

“The information corroborate that the United States has emerged arsenic India’s astir severely affected marketplace since the tariff escalation began," stated the report.

Key sectors deed hard

Key sectors bearing the brunt of the diminution see textiles, gems and jewellery, engineering goods, and chemicals. The crisp autumn successful shipments highlights the increasing interaction of the tariff regime, which started astatine 10 per cent, roseate to 25 per cent successful aboriginal August, and reached 50 per cent by the extremity of the month.