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Indian exporters redirect shipments to Asia and Europe as steep US . . . As steep 50 per cent tariffs imposed by US President Donald Trump from August 27 begin to weigh on Indian exports, several sectors — including shrimp, gems and jewellery, auto components and electrical machinery — have managed to divert part of their shipments to alternative Asian and European markets, The Indian Express reported
Non-US markets emerge as new growth engine for marine exports . . . India’s marine product exports rose by 16 18% to Rs 43,425 crore (US$ 4 87 billion) during April-October 2025, driven by strong demand from non-United States (US) markets such as China, Vietnam, Russia, Canada, and the United Kingdom (UK)
Indias exports to US could decline by $5. 76 billion this year . . . - Upstox India's merchandise exports to the US from sectors such as marine items, gold, electrical, and electronics are expected to decline by $5 76 billion this year due to increased American duties, according to the data analysis of think tank GTRI