India’s Exports to US Drop 22% Due to Trump’s 50% Tariffs; Overall Trade Data Suggests Signs of Resilient Market Diversification
India’s trade relationship with the United States has come under strain as exports to the US fell by 22% in January, following the imposition of 50% tariffs by President Donald Trump’s administration. While the sharp decline in shipments to America has raised concerns, broader trade data indicates that India is successfully diversifying its export markets,…