New Delhi, Oct. 16 -- Indian exports to the United States have plunged sharply by 37.5 per cent following Washington's decision to impose 50 per cent tariffs on most Indian goods, according to a report by the Global Trade Research Initiative (GTRI).

The report showed that shipments to the U.S. fell 37.5 per cent over four months, from USD 8.8 billion in May 2025 to USD 5.5 billion in September 2025, marking the sharpest and most sustained decline of the year.

GTRI stated "Washington's 50 per cent Tariffs lead to a 37.5 per cent drop in Indian Exports to the USA in 4 months"

September was the first full month in which Indian goods faced the 50 per cent tariff.

As per the data, exports to the U.S. dropped 20.3 per cent in September alon...