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India’s 70% goods export exposed to Trump tariffs, ICRIER suggests negotiation and trade diversification

New Delhi [India], August 16 (ANI): Around 70 per cent of India’s goods exports to the US, equivalent to USD 60.85 billion, are now exposed to the 50 per cent tariff imposed by the US administration, according to an analysis by ICRIER.

This represents just 1.56 per cent of GDP and 7.38 per cent of total exports, far from a catastrophe for a USD 3.9 trillion economy.

A report by the Indian Council for Resear