India’s exports to the US are falling as high tariffs imposed by the Trump administration have started eroding the price competitiveness of domestic goods in Washington, think tank GTRI said on Wednesday.

August shipments to the US plunged to USD 6.7 billion, down 16.3 per cent from July — the steepest monthly fall of 2025 — as US duties doubled to 50 per cent by month’s end, it said.

In July, exports dipped 3.6 per cent to USD 8 billion over June. The month of June had also seen a decline of 5.7 per cent to USD 8.3 billion over May.

“The slide in exports closely tracks the rapid escalation of tariffs,” Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said.

Until April 4, Indian goods entered the US at normal MFN (most favoured nation) rates. From April 5, Washington imposed a universal 10 per cent tariff, which initially failed to dent trade flows as importers rushed to front-load purchases — explaining May’s explaining May’s export rise, he said.

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