Tariff impact: India’s smartphone exports to US down by 36% in last five months - November 30, 2025 0 The steepest decline occurred in labour-intensive products where India alone faced 50% tariffs. Source: https://telecom.economictimes.indiatimes.com/news/devices/indias-smartphone-exports-to-us-plummet-by-36-amidst-surging-tariffs/125658540