India braces for hit to $64 billion US exports amid rising tensions with Washington
- Posted on August 6, 2025
- By Business News Today
- 3 Views

India braces for hit to $64 billion US exports amid rising tensions with Washington

India anticipates losing its competitive edge on approximately $64 billion worth of exports to the U.S. due to President Trump's 25% tariff and a potential 10% penalty on Russian oil purchases. This could significantly impact India's exports, particularly in sectors like garments, pharmaceuticals, and petrochemicals, leading to potential price disadvantages.