NEW DELHI : India‘s exports to its largest foreign market, the US, have suffered a sharp reversal due to aggressive tariff hikes, think tank GTRI said in a report on Saturday.
Between May and October 2025, shipments fell 28.5 per cent, from USD 8.83 billion to USD 6.31 billion, it said. The decline followed a rapid escalation in US duties that began at 10 per cent on April 2, rose to 25 per cent on August 7, and reached 50 per cent by late . . .
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