Indian export to US drop by 37.5% in 4 months over tariffs: Report
Indian exports to US dropped by 37.5% over four months following imposition of tariffs on most Indian goods, according to a Global Trade Research Initiative report. The shipments fell from $8.8 billion in May to $5.5 billion in September, marking the sharpest decline of the year. During same period, India's exports to US lost over $3.3 billion in monthly value.