Indian exporters redirect shipments to Asia and Europe as steep US tariffs hit key sectors: Report
Indian exporters redirected shipments to Asia and Europe after US tariffs cut exports 12% in September; marine product exports to China and Japan rose up to 60%, officials said.
4 Articles
4 Articles
Trump’s Tariffs Are Hitting India Hard
Donald Trump’s punishing tariffs have laid bare the fragility of India’s export model, which depends on a handful of markets and a narrow band of relatively low-value-added products. Only by embracing a new model – which emphasizes diversification, regional cooperation, and value addition – can India build long-term resilience.
Indian exporters redirect shipments to Asia and Europe as steep US tariffs hit key sectors: Report
Indian exporters are beginning to feel the strain of the 50 per cent tariffs imposed by US President Donald Trump from August 27, but several key sectors have managed to soften the blow by diverting shipments to alternative markets across Asia and Europe, says report.
Indian Exporters Offset US Tariff Impact via New Markets
As the steep 50% US tariffs imposed on several Indian goods from August 27 begin to bite, exporters in key sectors have swiftly redirected shipments to alternative markets across Asia, Europe and the Middle East—helping blunt the immediate impact on overall exports. Fresh data from the Commerce and Industry Ministry shows that while some sectors have taken a severe hit in the US market, others have rapidly diversified, preventing a broader expor…
How the Indian Economy Withstood Trump’s Tariff War
The Trump administration’s trade policies, characterized by aggressive tariff impositions, sent ripples across the global economy. While the primary focus was on China, other countries, including India, were not immune to the impacts of these policies. 6SHARESShareTweet The Indian economy, with its unique blend of opportunities and challenges, faced multiple hurdles yet managed to withstand these tariff attacks through a combination of strategic…
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