The impact of the US tariff escalation, particularly on agricultural goods, is expected to be significant as the US is one of the largest importers of Indian agricultural products in FY25 (US$ 5.62 billion), accounting for 10.98 per cent of total Indian exports. While seafood (primarily frozen shrimp) has been the top item, there are others as well, including spices and essential oils, basmati rice, processed fruits and vegetables, and baked foods. These are directly linked to the livelihood of Indian farmers.
