The US imposition of 25% tariffs is expected to have minimal impact on India, with over half of Indian exports remaining unaffected due to existing exemptions. Trade between the two nations reached $131.8 billion in fiscal year 2024-25. India remains firm on not offering duty concessions for agricultural, dairy, and GM products, citing religious sentiments. The US imposition of 25% tariffs is expected to have minimal impact on India, with over half of Indian exports remaining unaffected due to existing exemptions. Trade between the two nations reached $131.8 billion in fiscal year 2024-25. India remains firm on not offering duty concessions for agricultural, dairy, and GM products, citing religious sentiments.
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