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New US Tariff Orders Impact Exports Worth $15 Million

Financial Express Kolkata

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September 07, 2025

The US President Donald Trump's latest executive order on tariffs exemption covers just $15 million of Indian exports to the US, according to a study by Global Trade Research Initiative (GTRI).

- FE BUREAU

The order issued on Friday added to the list of products exempted from reciprocal tariffs 44 new products. These include industrial exports such as nickel, gold and other metals, as well as pharmaceutical compounds and chemicals.

India's shipments in these newly exempt items totalled just $15.2 million in 2024—a negligible share of its overall exports to the US, founder of GTRI Ajay Srivastava said.

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