One Year of U.S. Tariffs: Shifts in India's Export Patterns
Nisha Taneja (),
Sanjana Joshi (),
Vasudha Upreti (),
Pratik Tiwary () and
Yashika Khatri ()
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Nisha Taneja: Indian Council for Research on International Economic Relations (ICRIER)
Indian Council for Research on International Economic Relations (ICRIER) Policy Paper from Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India
Abstract:
This policy brief traces the evolution of U.S. tariff measures affecting India, assesses the extent of India's dependence on the U.S. market, examines how the tariff measures affected its export performance in different markets, and evaluates the extent to which affected exports were absorbed by alternative markets. It further reviews the Government of India's response, examining both longstanding export policies aimed at market diversification and the renewed push that followed the tariff episode. The brief suggests recommendations aimed at deepening market diversification and strengthening resilience against market-specific policy shocks.
Keywords: U.S. reciprocal tariffs; India-U.S. bilateral relations; Tariffs; Non-tariff barriers; Export market diversification; Market access; Export Promotion Mission; Foreign Trade Agreement; Foreign Trade Policy; icrier (search for similar items in EconPapers)
Pages: 35 page
Date: 2026-07
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Persistent link: https://EconPapers.repec.org/RePEc:bdc:ppaper:74
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