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Trump Tariffs Fail to Dent India's Export Dependence on US; Share Stays Near 20%
The US remains India's largest export market at roughly 20% of shipments despite tariff rates peaking at 50%. Exports to the US reached $88.5 billion in the 12 months through July, while New Delhi accelerates FTA negotiations to diversify trade.
India's exports to US hold firm after a year of Trump's tariffs
US tariffs peaked at 50% on Indian goods before falling to 10%, yet the US still accounts for about 20% of India's exports. India signed trade deals with the UK, EU, Oman and New Zealand to diversify, while exports to China surged 42%.
India Seeks WTO Consultations With US Over 50% Tariff-Rate Quota on Quartz Surfaces
India has approached the WTO for consultations with the US over a new tariff-rate quota of up to 50% on quartz surface product imports. The move follows India's $380 million in exports in FY26 and marks the fourth such consultation case with Washington.
India in 'regular contact' with US on trade deal, says Commerce Secretary Rajesh Agarwal
Commerce Secretary Rajesh Agarwal said India remains in regular contact with the US on the bilateral trade agreement. The first phase, finalised in February, awaits US movement on tariff advantage. India exported $87 billion goods to the US in FY26.