India faces potential tariffs of $48.2 billion on exports to the US following reciprocal duties imposed starting August 2025. The government is negotiating a trade agreement with the US, but talks have been delayed. Despite this, India’s exports to the US grew by 21.64% during April-July FY25. Countervailing duties have also been announced by the US on certain Indian exports.
$48.2 bln of India’s goods exports to US to be subject to 50% tariffs: Govt to Parliament
