The immediate impact of U.S. tariffs on Indian exports appears limited, but the ripple effects on the economy pose challenges that must be addressed, India's finance ministry said in its July monthly economic review,

Dun & Bradstreet's Economy Observer for August 2025 provides insights into India's macroeconomic landscape. Industrial expansion is steady, inflation eases due to falling food prices, and financial stability is maintained.

U.S. trade negotiations crucial to address secondary and tertiary effects of high U.S. tariffs on Indian goods.