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Date: 16/04/2025

US buyers reportedly asking Indian exporters to pay half the tariff cost 

With the US now imposing a 10% import tariff on all its trade partners except China, American buyers are asking Indian sellers to absorb one-third to half the additional tariff imposed, exporters have been quoted as saying. In sectors such as apparel, sellers are trying to utilise the 90-day window to send their shipments to the US before July 9. For tailor-made items, production and shipping products in three months remain a challenge, they said. Existing orders are being executed. On April 9, just hours before implementation, the country-specific reciprocal tariffs for 90 days were halted except for China, amid growing concerns over recession and inflation, as per a report.
 
Source: Exim News Service: New Delhi, April 15



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