US Imports

Share of India's merchandise exports to other countries increased as shipments to the US declined since July 2025, indicating diversification of export basket across product categories, according to an SBI research report. India's total merchandise exports during April-September 2025 inched up by 2.9 per cent to USD 220 billion compared to USD 214 billion in the year-ago period, the report said. Cumulative exports to the US also registered a growth of 13 per cent to USD 45 billion in the April-September period from USD 40 billion in the year-ago period, though there could be some front-loading effects to the aftermath, with September figures registering negative year-on-year growth of about 12 per cent, said 'Ecowrap', the SBI's research report. The report further said the share of the US in India's exports has been declining since July 2025, falling to 15 per cent in September, mainly because of a decline in exports of marine products, precious and semi-precious stones, ready-made

Donald Trump has reduced tariffs on beef, coffee and many common food items to help bring down rising grocery costs, marking a major shift in his tariff policy as Americans struggle with high prices

India's crude oil imports from the US rose to the highest level in October since March 2021 as refiners bought 593 thousand bpd of crude oil from Washington

US Treasury Secretary Scott Bessent, however, criticised India's continuous imports of Russian oil, saying that they have been profiteering from it

Last month, Titan also announced that its has signed an agreement to acquire a 67% stake in Damas LLC, the holding company for the Damas jewellery business in the GCC region

Imports of goods decreased $11.5 billion, or 4.2 per cent, to $264.2 billion, the lowest level since March 2024. The decline was led by a 12.4 per cent plunge in consumer goods imports

As trade tensions escalate under Donald Trump, India finds itself in the crosshairs once again. Donald Trump's proposed duties target two of India's biggest export sectors - pharmaceuticals and copper

Economic think tank GTRI on Saturday cautioned that allowing genetically modified (GM) farm products from the US under the proposed trade pact would have implications for India as it may affect the country's agri exports to regions like the European Union. India and the US are negotiating an interim trade pact, which is expected to be announced before July 9. The Global Trade Research Initiative (GTRI) said that allowing the import of GM products such as soybean meal and distillers dried grains with solubles (DDGS) for animal feed would affect India's agricultural exports to the European Union (EU), a key destination for Indian exporters. DDGS is a by-product made during ethanol production, usually from corn or other grains. The EU has strict GM labelling rules and strong consumer resistance to GM-linked products. Even though GM feed is permitted, many European buyers prefer fully GM-free supply chains. India's fragmented agri-logistics and lack of segregation infrastructure make

Goods imports soared $16.3 billion to $342.7 billion, likely as businesses rushed to bring in goods to avoid President Donald Trump's sweeping tariffs

Last week, both Shein and Temu had said that they would hike their prices owing to higher operating costs following the recent new tariff changes imposed by the US government

Import prices dipped 0.1% last month after a downwardly revised 0.2% gain in February, the Labor Department's Bureau of Labor Statistics said on Tuesday

The cumulative tariff burden on some Chinese products stands at 145 per cent, including duties left in place from previous administrations

As US President Donald Trump hiked tariffs against China to 125 per cent while pausing levies on most countries, Beijing in retaliation has reduced the import of US films and called on Washington to return to fair dialogue without threats. Meanwhile, a rare survey of Chinese public opinion highlighted growing concerns of the Chinese public over the impact of the trade war on their country. The state-run China Film Administration said, The US government's erroneous practice of imposing excessive tariffs on China is likely to further diminish the Chinese audience's favourable perception of American films. We will adhere to market principles, respect audience choices and moderately reduce the import volume of American films, it said. Separately, China's Commerce Ministry spokesperson He Yongqian told a press briefing on Thursday that while Beijing remains open to talks, any dialogue must be based on mutual respect and conducted on equal footing. If the US is bent on waging a trade wa

At the global level, slower trade will also mean slower growth, especially for export-oriented economies, Sabnavis said. Back home, he feels that the MSMEs will be under pressure again

Imports of services increased $0.5 billion to a record high $72.2 billion. There were increases in travel services and charges for the use of intellectual property

The deterioration in the trade deficit and drop in consumer spending in January have raised the risk of a contraction in gross domestic product in the first quarter

The exporters' worry is understandable as the US is the largest export market for Indian pharma accounting for 31.35 percent of India's overall pharma exports worth $27.8 bn

While many countries are considering retaliatory tariffs on US goods, such measures are both unproductive and unlikely to deter Mr Trump

The trade gap increased 24.7 per cent to $98.4 billion, the highest since March 2022, from a revised $78.9 billion in November, the Commerce Department's Bureau of Economic Analysis said

Similar to the rules for importing countries, companies in the US and nearly 20 allied countries can agree to US government standards and win permission to ship to the restricted nations