Everyday items set to cost more as Trump's tariffs hit India
Pharmaceuticals
The U.S. is a major customer for India's pharmaceutical sector, importing around a third of its total drug exports. Reuters reports that Indian pharmaceutical sales to the U.S. grew 16% to roughly $9 billion last year.
Smartphones
While China and Vietnam still dominate the smartphone export market, India's presence is quickly expanding. According to Canalys, India recently overtook China as the top smartphone exporter to the U.S., thanks in part to Apple moving more of its manufacturing to New Delhi.
Jewelry and Precious Stones
Jewelry and gems are India's second-largest export category to the U.S., after pharmaceuticals. More than 30% of Indian jewelry exports go to the U.S., totaling around $10 billion annually. This includes unset diamonds, gold- and silver-plated jewelry, and other precious metal pieces.
Home Linens and Apparel
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