US Imposing Tariff on India from today Effective April 2, 2025
The US is India's largest trading partner (2021–2024),
*contributing:*
- 18% of India's exports
- 6.22% of imports
- 10.73% of total bilateral trade
We still lack clarity on whether tariffs are applied at product, sector, or country level.
*Sectors Unaffected*
- Ores and Minerals
- Petroleum
- Garments and Textiles
*Impact of Tariffs:*
- Indian exporters could lose competitiveness in key segments (shrimp, dairy, pharma).
- Import Diversion Risk: US buyers may shift to alternate suppliers, affecting India's trade balance.
*Siptiger*
The US is India's largest trading partner (2021–2024),
*contributing:*
- 18% of India's exports
- 6.22% of imports
- 10.73% of total bilateral trade
We still lack clarity on whether tariffs are applied at product, sector, or country level.
*Sectors Unaffected*
- Ores and Minerals
- Petroleum
- Garments and Textiles
*Impact of Tariffs:*
- Indian exporters could lose competitiveness in key segments (shrimp, dairy, pharma).
- Import Diversion Risk: US buyers may shift to alternate suppliers, affecting India's trade balance.
*Siptiger*
