Indian Exporters Risk Losing US Orders as Trade Talks Dither

Workers at a garment factory in Tiruppur, India.Photographer: R. Satish Babu/AFP/Getty Images

Indian exporters of products ranging from home decor to leather shoes are worried about missing the US summer shopping season if they are unable to lock in orders in January as trade-deal talks drag on between New Delhi and Washington.

This will be the decisive month for sealing the trade pact so contracts can be secured for the first half of 2026, according to half a dozen local exporters who spoke to Bloomberg News. The punitive 50% US tariffs since August already hurt the exporters’ order volumes in the typically busy winter and Christmas season in 2025.