Indian exporters redirect shipments to Asia and Europe as steep US tariffs hit key sectors: Report
Updated on 30 Nov 2025 | Category: Business
Indian exporters are beginning to feel the strain of the 50 per cent tariffs imposed by US President Donald Trump from August 27, but several key sectors have managed to soften the blow by diverting shipments to alternative markets across Asia and Europe, says report.
As steep 50 per cent tariffs imposed by US President Donald Trump from August 27 begin to weigh on Indian exports, several sectors β including shrimp, gems and jewellery, auto components and electrical machinery β have managed to divert part of their...