While China, Mexico, and Canada are at the top of US President Donald Trump's list for higher tariffs, India remains on alert as he has labeled the country the "Tariff King." He has accused India of imposing high tariffs on US goods and has promised reciprocal measures.The US is India's top trading partner, with exports to the US rising 46% from $53.1 billion in 2019-2020 to $77.5 billion in 2023-2024, driven by strong US demand. Any new US tariffs would hurt Indian exports, though the extent of the impact would depend on the specific products targeted and the tariff levels imposed.
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