Indian exports to US may fall by 43% due to Trump's 50% tariffs: GTRI
As per Global Trade Research Initiative (GTRI), India exports around $86.5 billion in goods to US each year. Exports in the affected sectors could collapse by 70%, falling from $60.2 billion to $18.6 billion, as per GTRI Founder Ajay Srivastava. Overall shipments to US could decline by 43%, putting hundreds of thousands of jobs in India's export hubs at risk.