Trump’s tariff gamble sparks Indian export rush to US, but a 50% duty threat hangs heavy

  • Posted on August 18, 2025
  • By Business News Today
  • 1 Views
Trump’s tariff gamble sparks Indian export rush to US, but a 50% duty threat hangs heavy

Indian exporters frontloaded shipments to the US to avoid potential higher duties, leading to a 21% export surge between April and July. While this growth provides a buffer for discounts, exporters fear a 50% tariff could devastate businesses with thin margins. Industry leaders are seeking government assistance to mitigate potential job losses, particularly in the MSME sector.
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