NEW DELHI : Indian Exports to the US are projected to decline by nearly 30 per cent, from USD 86.5 billion in 2024-25 to about USD 60.6 billion in 2025-26, as the new 25 per cent reciprocal tariffs come into effect, according to Global Trade Research Initiative (GTRI).
According to a GTRI report on Monday, labour-intensive sectors such as garments, textiles, shrimp, jewellery, and engineering goods are among the worst affected. The tariffs put India at a serious disadvantage compared to regional . . .
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