GTRI report
Trump Tariffs Driving Up Living Costs for Majority of Americans, Survey Reveals Impact on US-India Trade
Nov 05, 2025 11:55 am CST
A new ABC News/Washington Post/Ipsos survey reveals that most Americans are experiencing higher living costs due to President Trump's tariff policies, with 70% reporting increased grocery expenses. The impact extends to US-India trade relations, where India's exports to the US have fallen by 37.5% between May and September 2025 following the implementation of 50% tariffs. The economic consequences are being felt across political affiliations and various consumer sectors.
India's Exports to US Decline 37.5% Between May-September 2025: GTRI Analysis Reveals Sector-Wide Impact
Nov 03, 2025 02:21 am CST
A comprehensive analysis by the Global Trade Research Initiative (GTRI) reveals that India's exports to the United States have dropped by 37.5% between May and September 2025, falling from $8.8 billion to $5.5 billion. This significant decline affects multiple sectors including pharmaceuticals, textiles, metals, and solar panels, coinciding with the US implementation of 50% tariffs on various Indian products effective August 27.
EU Carbon Tax and Regulations Could Harm European Business Growth, Warns Indian Minister Piyush Goyal
Oct 25, 2025 12:37 am CST
Indian Commerce Minister Piyush Goyal warns that the European Union's 73 regulatory measures, including Carbon Border Adjustment Mechanism and Deforestation Regulation, could significantly impact EU businesses and trade relationships while complicating compliance requirements for international partners. The statements come as India negotiates a free trade agreement with the EU amid concerns that Indian exports worth $1.3 billion annually could face substantial tariffs.