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Aug goods exports to US fall 14% amid tariff hike
The New Indian Express
|September 16, 2025
MERCHANDISE exports fell to $35.10 billion in August, a 6% drop from $37.24 billion July, mainly due to fall in shipments to the US following recent tariff hikes by President Donald Trump. Exports to the US fell by 14.4% to $6.86 billion in August from $8.01 billion in July.
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Though YoY exports to the US increased by 7.5% in August. Despite this monthly dip, exports to the US during AprilAugust 2025 stood higher at $40.39 billion as against $34.2 billion. Imports, meanwhile, contracted to $61.59 billion in August from $64.59 billion in July. However, on YoY basis, exports rose 6.7% to $35.1 billion in August 2025 from $ 32.89 billion during the same period in the previous month, while imports fell 10% from $68.53 billion a year earlier. Merchandise trade deficit narrowed to $26.49 billion in August from $27.35 billion in July.
This story is from the September 16, 2025 edition of The New Indian Express.
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