{"id":268574,"date":"2025-11-17T22:26:12","date_gmt":"2025-11-17T22:26:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/268574\/"},"modified":"2025-11-17T22:26:12","modified_gmt":"2025-11-17T22:26:12","slug":"trump-tariff-shock-eases-indias-exports-to-us-rise-after-4-months-of-slide-reach-6-3-billion-in-october","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/268574\/","title":{"rendered":"Trump tariff shock eases? India\u2019s exports to US rise after 4 months of slide; reach $6.3 billion in October"},"content":{"rendered":"<p> <img src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/11\/india-exports.jpg\" alt=\"Trump tariff shock eases? India\u2019s exports to US rise after 4 months of slide; reach $6.3 billion in October\" title=\"US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India\u2019s crude oil imports from Russia. (AI image)\" decoding=\"async\" fetchpriority=\"high\"\/>US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India\u2019s crude oil imports from Russia. (AI image) India\u2019s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the US for October have registered a decline of 8.58% compared to October 2024. Global Trade and Research Initiative (GTRI) founder Ajay Srivastava notes that US-bound merchandise exports from India reached $6.3 billion in October, showing a 14.5% increase from September, marking the first monthly growth since May despite the 50% tariffs.US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India\u2019s crude oil imports from Russia. \u201cAlthough October 2025 exports of $6.3 billion are 8.6% lower than the $6.9 billion recorded in October 2024, the month-on-month rise from September is a welcome improvement,\u201d says GTRI.<\/p>\n<p>&#8216;Economic Pain&#8217;: Trump Warns Russia&#8217;s Trade Partners Of More Sanctions Amid Ukraine War<\/p>\n<p>\u201cProduct-wise data for the USA for October are not yet available, but tariff-exempt sectors such as smartphones and pharmaceuticals may have performed better\u2014though this remains only a tentative assumption. Despite the October rebound, India\u2019s shipments to the US have dropped nearly 28.4% between May and October, erasing more than $2.5 billion in monthly export value,\u201d GTRI adds.MonthExport Value (US$ Bn)Change vs Previous Month (%)US tariffs on India Goods in addition to MFN dutiesApril8.4\u201310%May8.84.810%June8.3\u20135.710%July8\u20133.610%August6.9\u201313.810%-Aug 1-Aug 6<\/p>\n<p>25%-Aug 7-Aug 26<\/p>\n<p>50%-Aug 27-Aug 31<\/p>\n<p>September5.5\u201320.350%October6.30.14550%Source: GTRI<\/p>\n<p>India\u2019s trade data: Top Highlights<\/p>\n<p>India&#8217;s aggregate exports declined 11.8% year-on-year in October, indicating widespread global demand softness.Among India&#8217;s top 20 markets, only 5 showed growth in October, with Spain (+43.4%) and China (+42.3%) showing highest increases. Spain led primarily due to enhanced petroleum product exports, whilst China. Hong Kong (+6.00%), Brazil (+3.54%), and Belgium (+2.22%) showed modest improvements.The remaining fifteen destinations saw drops, indicating widespread external challenges. The United States (-8.58%) and UAE (-10.17%) showed moderate declines. Substantial reductions occurred in Singapore (-54.85%), Australia (-52.42%), Italy (-27.66%), UK (-27.16%), and the Netherlands (-22.75%). Additional declines were noted in Malaysia (-22.68%), Korea (-16.43%), Germany (-15.14%), France (-14.28%), Bangladesh (-14.10%), Nepal (-12.64%), South Africa (-7.54%), and Saudi Arabia (-1.12%).Imports of gold rose by 188.2% whilst silver increased by 528.7%, pushing total imports to $73.2 billion, despite gems and jewellery exports declining by 29.5%.Following May 2025&#8217;s growth of 4.8% to $8.8 billion, exports declined consistently: June showed -5.7% to $8.3 billion, July registered -3.6% to $8.0 billion, August saw -13.8% to $6.9 billion, and September experienced -20.3%, before showing signs of improvement in October.India recorded a significant increase in its merchandise imports, which reached $73.2 billion in October 2025, showing a 16.5% growth. The rise was primarily attributed to substantial increases in precious metals purchases.The country&#8217;s gold imports witnessed a remarkable increase of 188.2%, totalling $14.7 billion. Similarly, silver imports demonstrated an exceptional growth of 528.7%, amounting to $2.7 billion compared to the previous year&#8217;s figuresThis substantial increase in precious metal imports is particularly significant as India&#8217;s gems and jewellery exports declined by 29.5% in October. This trend suggests that the imported gold and silver are primarily serving domestic consumption rather than being utilised for export-oriented manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for&hellip;\n","protected":false},"author":2,"featured_media":268575,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,5382,1294,66413,5381,32387,110790,110789,56,54,55,29195],"class_list":{"0":"post-268574","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-donald-trump-tariffs","10":"tag-economy","11":"tag-india-exports-to-us","12":"tag-india-us-trade-deal","13":"tag-india-us-trade","14":"tag-merchandise-exports-from-india","15":"tag-october-2025-export-data","16":"tag-uk","17":"tag-united-kingdom","18":"tag-unitedkingdom","19":"tag-us-tariffs-on-indian-goods"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/268574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=268574"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/268574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/268575"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=268574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=268574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=268574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}