US tariff row: Russia far from being a key apparel market for India
24 Aug '25
3 min read
Pic: Shutterstock
Insights
India's garment exports face risks from US tariffs of **%** and a possible additional duty, while efforts to boost trade with Russia show weak results.
Exports to Russia fell **.**% to $**.*** million in January–May 2025, just **.**% of India's $**.*** billion total.
By contrast, the US accounted for $**.*** billion, or **.**%, highlighting India's continued market dependence.
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