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Since August, US buyers have increasingly required Indian suppliers to absorb tariff costs. Pushkar Mukewar, CEO and founder of trade finance firm Drip Capital, said the initial tariff hike in April 2025 had limited impact, as US buyers and importers absorbed part of the cost. “The real impact came when tariffs were raised to 50 per cent in August,” he said, adding that Indian exporters were forced to shoulder more of the burden, making them less price-competitive globally.In response, many US clients shifted to placing smaller, short-term orders instead of large seasonal commitments, keeping volumes subdued, traders said. Smaller exporters without sufficient access…
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February 5, 2026 — 1:30pmSaveYou have reached your maximum number of saved items.Remove items from…
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