Indian Export Market Derailed by Global Tensions: US Tariffs and Middle East Crisis Impact
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Middle East Crisis Derails Indian Exports After US Tariff Blow; Billions in Orders Stuck
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News18•15-03-2026, 20:37
Middle East Crisis Derails Indian Exports After US Tariff Blow; Billions in Orders Stuck
•Escalating Middle East tensions have severely impacted Indian international trade, slowing export-import business and stalling orders worth thousands of crores.
•Indian exporters faced difficulties since last year due to US tariffs, which increased by 50% in July 2025, then reduced to 18% in February, offering a brief recovery hope.
•Just as trade began to recover from US tariff adjustments, the Middle East crisis put new orders on hold and stalled existing ones, impacting production plans.
•Foreign buyers are cautious, leading to thousands of crores in export orders being stuck, potentially affecting this year's overall export figures.
•States like Uttar Pradesh, with significant US trade (19% of its 1.86 lakh crore exports), are particularly vulnerable; exporters like Mukhtarul Amin and Asad Iraqi await normalcy.