By Admin 
India Export to America: US President Donald Trump’s decision to impose 25 percent tariffs on India now seems to be heavy on him. Think tank GTRI said in its report on Monday that India’s exports to the US may fall by 30 percent in 2025-26 due to tariffs on India and with this it will be reduced to US $ 60.6 billion.
More tariffs on India from other Asian countries
India’s 25 percent tariff on India is higher than in other Asian countries. After 30 percent tariffs imposed on China, India ranks second in this matter. Whereas in Vietnam (20 percent), Bangladesh (18 percent), Indonesia, Malaysia and Philippines (19 percent) and other Asian countries like Japan and South Korea (15 percent) have imposed less tariffs than India.
Such exports can get a boost
The report suggests the government to create a help desk, use business agreements strategically, include new expoters and resume interest equilibrium scheme to promote exports. In this, exporters get subsidy for rupee export loans before and after exports. The scheme was started from April 1, 2015.
Most sectors of India under pressure
Global Trade Research Initiative (GTRI) said that except for some exceptions, the export of most sectors of India is likely to be damaged. The US has not currently imposed tariffs on pharmaceuticals, energy products and semiconductors, but apart from these, there will be pressure on Indian goods.
As a result, India’s exports to the US – which is currently its largest export market – is estimated to be about 30 percent declined to US $ 86.5 billion in FY 2025 to about 60.6 billion US dollars in FY 2026. Countries like Pakistan and Vietnam can take advantage of this.
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