Trump's 50% Tariffs Backfire: India's US Exports Hit Record High

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News18•16-12-2025, 07:11
Trump's 50% Tariffs Backfire: India's US Exports Hit Record High
- •India's exports to the US surged by 22% in November 2025, reaching $6.98 billion, despite 50% tariffs imposed by Donald Trump.
- •This increase defied initial concerns and showed strong demand for Indian engineering, electronics, and textile products in the US market.
- •India's total goods exports hit a 10-year November record of $38.13 billion, marking a 19.38% year-on-year growth.
- •The country's trade deficit significantly reduced from $41.68 billion in October to $24.53 billion in November.
- •The reduction in trade deficit was attributed to increased exports and decreased imports of gold and crude oil.
Why It Matters: India's record exports to the US despite high tariffs show its economic resilience.
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