Ever since US President #DonaldTrump triggered the tariff war, much of our attention has been focussed on India's trouble with its biggest trading partner -- the United States. What has been missed, however, is that India's exports to its other trading destinations have suffered too. In the first five months of this fiscal, April-August, exports to 10 out of the top 20 trading destinations have contracted year on year. If this trend continues, and with the impact of the 50% tariff on exports to the US taking effect from August 27, India's exports will be hit hard. Chances are FY2025-26 may witness a contraction in India's exports, with serious consequences for growth, employment and its currency. I explain the state of play, diving into the latest trade data. #exportimport #globaltrade #trumptariffs #trumptariffsonindia #indiaustrade #trumpnews #indianeconomy #h1bvisa #h1bvisanews #indiausrelations #exportimport #indiaeurope #indiajapan #Indianetherlands #newsanalysis #tradedata #dataanalysis #PiyushGoyal #narendramodi #rajeshmahapatra Like, Share, and SubscribeTwitter - https://x.com/rajeshmahapatraLinkedln - https://www.linkedin.com/in/rajesh-mahapatra/Instagram - Rajesh_Mahapatra