IIndian Exports Fall: The impact of the ongoing tariff dispute between India and America is now visible on the Indian export market. According to data released by the Global Trade Research Initiative (GTRI), India’s US exports have fallen by 37.5 percent between May and September. Talking about the data, this is one of the biggest export declines in the last few years.

Since the imposition of US tariffs, US exports have dropped to $5.5 billion. Which before this was 8.8 billion dollars. Let us tell you that America has imposed a huge tariff of 50 percent on India. Whose direct impact is visible on the exports from India. Due to increased prices, it is becoming difficult for Indian goods to find a place in the American market. Due to rising prices of Indian goods in the American market, its demand is decreasing.

Earthquake in gems-jewellery sector

Talking about gems and jewellery, a decline of 60 percent is being seen in this sector. Its market has come down to $202.8 million in the month of September. Whereas before the tariff, in May this figure was 500.2 million dollars. Due to this huge decline, this sector is incurring huge losses.

According to the GTRI report, countries like Thailand and Vietnam are benefiting from this loss. They are expanding their business in the American market.

What was the impact on tariff free goods?

America’s tariffs caused huge losses on the export of such goods. On which zero tariff was imposed. About one-third of American exports came from these goods. A decline of about 47 percent is being seen in these. Their exports have come down to 1.8 billion dollars in the month of September. Along with this, decline has also been recorded in smartphone exports, medicines, metals, auto, solar and green energy exports.

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The Chemistry of PM Modi-Putin and Xi Jinping at the SCO Summit held in China has disturbed Trump. Soon after the SCO, Trump issued a statement defending his tariff move. He said that India has imposed the most tariffs on American goods in the world, while American markets are open for Indian products. Giving the example of Harley Davidson, he said that up to 200% tariffs were imposed on the motorcycle, due to which the company could not sell motorcycles in India. As a result, the company had to set up a plant in India so that the tariff could be avoided.

Xi Jinping, including Prime Minister Narendra Modi, Russian President Vladimir Putin, attended the SCO summit. This was the first time after the tariff was imposed by America, when the leaders of three big countries of the world appeared under one roof. After this, the manner in which Trump has targeted the tariff and targeted India is clearly visible. However, India has clearly stated that it is not going to come in front of America under any kind of pressure. During this time, trade talks between the two countries are also going on, in which no solution has been found so far.

The news is being updated …

US President Donald Trump has signed a 25 per cent tariff on India on the order. Meanwhile, India has taken a very big decision. According to Bloomberg report, the officials familiar with the case said on the condition of anonymity that India will not buy F-35 stealth fighter aircraft from America. During Modi’s visit to Modi’s White House in February, Trump offered to sell these expensive fighter aircraft to India. However, officials said that the Modi government is more interested in focused on the joint design and construction of defense equipment domestically, but no response has been received from the Ministry of Defense Ministry about the matter yet.

After the US imposition of tariffs, India is considering options to satisfy the US, including promoting American imports. However, India has denied retaliation on President Donald Trump’s 25% tariff’s decision. New Delhi officials on Wednesday (30 July 2025) spoke of shocking and disappointed with Trump’s announcement, as this conversation was private. He said on the condition of anonymity that the government is keen to bring bilateral trade talks back on track and is looking for ways to increase shopping from its biggest business partner.

Emphasis on increasing the purchase of natural gas
According to sources, India is considering increasing the purchase of natural gas from the US and increasing the import of communication and gold. Officials said that promoting these things can help reduce India’s trade surplus with the US in the next three to four years. He told that there is no plan to purchase defense. New Delhi officials are not considering responding immediately to Trump’s tariff threat. The government has already reserved the right to respond to increased American charges on steel and automobiles at the time of its choice in the World Trade Organization.

Commerce Minister Piyush Goyal’s statement
India’s Commerce Minister Piyush Goyal had expressed confidence of a trade agreement with Washington a few days ago. He told Parliament on Thursday that the government is now interacting with exporters to assess the impact of Trump’s tariff. Amidst the opposition’s vigorous protests, Goyal said, “The effects of the recent developments are being investigated.” He further said that his ministry is collecting feedback from exporters and industry groups and will take all necessary steps to protect and advance our national interests.

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Us tariff: US President Donald Trump announced a tariff on many countries of the world including India on 2 April. Since then, the situation of trade war has remained. Today again the US has decided to impose 104 percent tariffs on China’s electronic goods. After this decision, trade war has started between the two largest economy countries in the world.

Meanwhile, American trade representative Jamison Greer has given a big statement. He has claimed that countries like India, Argentina, Vietnam and Israel are planning to reduce the tariffs to be imposed on their behalf. His statement was given to the Finance Committee of the US Senate, in which he justified the trade policies of President Donald Trump.

According to Jamison Greer, these countries have expressed their desire to reduce the tariff by contacting the US administration. This means that if America reduces tariffs, then they will also follow this policy. Greer compared 5% tariffs imposed on agriculture on agriculture by the US to the average 39% agricultural tariff, saying that it shows how non-physical trade policies make a deficit deal for the US.

India’s changing trend over tariff
According to Greece, many countries including India are now working towards reducing the tariff by taking the policy of Tarmp’s tariff policy seriously. He said that about 50 countries have approached the members of the Trump administration. He has shown interest in getting business relations better with America. India is an important name in this list as it is a major business partner of America. Changes in such tariff policies will have a widespread impact on bilateral relations of the two countries.
Greece gave information through data
Through the data, Greece said that since 1994, the US has lost 5 million jobs and 90,000 factories. The agricultural sector, which was once an important part of the business, has now gone into losses. Such a situation has been seen especially during the last two years of Biden administration. All these changes are the result of unilateral tariffs, trade obstacles and foreign competitive policies, causing heavy damage to the US.

This is not only a business strategy but also a national security strategy
The Greece described the policy of Trump administration as not just a trade strategy but also a national security strategy. He said that many countries of the world are trying to improve their trade policies due to tariffs imposed by America. They are knowing that America will no longer remain inactive. We are demanding mutuality and fairness in business. Jamison Greer said that Donald Trump’s aggressive trade policies are now showing impact on global level.