Trump's New Tariffs: $34 Billion Indian Exports May Remain Duty-Free

• US President Donald Trump's proposed tariffs may exempt over $34 billion of Indian exports from duties.
• Total US imports from India were $87.7 billion in 2024, with $34.27 billion potentially remaining duty-free.
• Exemptions include pharmaceuticals, electronics, and new carve-outs like civil aviation products.
• Pharmaceuticals, especially medicaments in dosage form, account for over $10.6 billion in exempted exports.
• Electronics, including smartphones ($6.8 billion) and communication equipment, are also largely exempt.