Responding to a question in Parliament, the ministry noted that the actual impact on exporters will depend on factors such as product differentiation, quality, existing contracts, and market demand resilience.

Ministry of Finance has said that approximately 55% of the total value of India's merchandise exports will be subject to US reciprocal tariffs.

A combination of different factors, including demand, quality, and contractual arrangements, would determine the impact of Trump tariffs on India’s exports