Category: Tariff
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US Tariffs Send Shockwaves Across Indian Export Industries
The announcement of a 50% tariff by the United States on key Indian exports—including apparel, footwear, jewelry, shrimp, and textiles—has sent tremors across India’s manufacturing and export hubs. For thousands of workers and entrepreneurs in Tirupur, Chennai, Bengaluru, and Agra, the move is more than a policy change; it is…
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Fracturing, Not Deglobalizing: The Emerging Shape of the World Economy
The global economy today is often described through the lens of deglobalization, but that framing risks oversimplifying what is truly happening. Rather than a retreat from global integration, what we are witnessing is a strategic fracturing of certain sectors. While trade, capital, and investment still flow across borders at scale,…
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India’s Textile Sector Under Fire: 50% U.S. Tariffs Shake Export Clusters to the Core
India’s ready-made garments (RMG) sector was already poised for a slowdown, with Crisil forecasting a growth dip to just 3–5% in FY26—about half of earlier projections—due to rising U.S. tariffs . But the game changed dramatically on August 27, 2025, when the U.S. escalated tariffs to 50%. This shift is…
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India’s Garment Exports Face New Headwinds Under U.S. Tariff Shock
India’s ready-made garments (RMG) sector—long a vital contributor to export earnings and employment—is bracing for a sharp slowdown. According to a recent forecast by Crisil, revenue growth is expected to shrink to just 3–5% in FY26, nearly halving from previous levels. The primary reason: new U.S. tariffs that are set…
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Export Promotion Mission: A ₹25,000 Crore Push to Shield Indian Trade
India’s export sector is entering a critical phase as global markets are reshaped by protectionist measures, rising tariffs, and tightening supply chain dependencies. Recognising these headwinds, the Government of India has rolled out the Export Promotion Mission (EPM), a ₹25,000 crore package spanning 2025–31. This mission aims not only to…
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Rising Logistics Costs: A New Challenge for Small Exporters to the U.S.
The abolition of the U.S. de minimis exemption has reshaped the landscape for small exporters and MSMEs shipping to America. Once a lifeline for e-commerce-driven trade, the de minimis rule allowed packages valued under $800 to enter the U.S. duty-free, with minimal customs paperwork. For thousands of Indian MSMEs and…
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Tariff Turbulence: How U.S. Tariffs on Indian Goods Are Reshaping India’s Economy
On 7–8 August 2025, the United States sharply escalated its trade dispute with India. President Donald Trump announced an additional 25-percentage-point duty on Indian goods because New Delhi continued to buy discounted Russian oil. Added to a 25 % levy imposed in April, this raised the total tariff on several…
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Strategic Shifts in the Global Economy and India’s “Make in India” Drive
The interplay of global economic forces—most notably the ongoing U.S.–China tariff tensions, evolving inflationary trends, and the reshaping of supply chains—is redefining the strategic contours of India’s economic landscape. These shifts present both opportunities and challenges for India’s Make in India initiative, which aims to position the country as a…
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Are We Witnessing the End of FTAs and the Rise of Bilateralism?
For decades, free trade agreements (FTAs) and large regional trade blocs have been the hallmark of global economic integration. From the European Union’s single market to NAFTA (now USMCA), from ASEAN’s free trade framework to the African Continental Free Trade Area (AfCFTA), the dominant narrative was clear: bigger is better…
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“US Tariffs on $40 Billion Indian Imports: The Most Exposed Sectors”
The United States’ recent tariff hikes on roughly $40 billion worth of Indian imports have put multiple high-value sectors at risk, exposing deep interdependencies between the two economies. While the political narrative frames these measures as a push to protect American manufacturing and encourage domestic sourcing, the reality is far…
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