The global trade landscape continues to shift rapidly, and Indian exporters must stay ahead to protect margins, maintain competitiveness, and explore high-growth markets. Today’s key updates signal significant changes in tariffs, compliance expectations, and trade negotiations.
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1. India Considers Import Tariffs on Select Steel Products
India is evaluating reinstating import tariffs of 11–12% on specific steel products after finished steel imports dropped by 34% year-on-year in the first seven months of FY26.
(Source: Reuters)
Impact on Exporters
- Import-dependent industries may face higher raw-material costs.
- Indian steel manufacturers may shift focus to domestic supply, impacting export availability.
- Exporters targeting markets like Middle East or Africa should review pricing strategies.
What You Should Do
- Reevaluate supply chain and cost structures.
- Exporters using steel as input must plan for revised costing.
- Explore non-steel dependent product lines for diversification.
EximHub can assist you in identifying stable export categories and verified buyers.
2. India Pushes U.S. for Oil-Tariff Relief Before Trade Deal
A leading trade research body has urged the Indian government to prioritise removal of U.S. oil-related surcharges (25% markup) before negotiating a broader trade agreement.
(Source: Economic Times)
Why This Matters
- Tariff relief could lower input costs across sectors like textiles, leather, FMCG, and manufacturing.
- Reduced energy-linked duties support more competitive export pricing.
- Signals strategic negotiation by India to secure favorable terms.
What You Should Do
- Prepare for improved U.S. market access in the coming months.
- Review product compliance and documentation for U.S. exports.
- Begin early outreach to U.S. buyers to gain first-mover advantage.
Use EximHub’s buyer research and U.S. outreach service to prepare your entry.
3. DGFT Maps Global Non-Tariff Measures (NTMs): Exporters Asked to Submit Data
The Commerce Ministry’s DGFT has begun a large-scale mapping of global non-tariff barriers, including packaging norms, labelling rules, and technical standards.
(Source: Times of India)
What This Means
- Non-tariff barriers are increasingly the biggest challenge for Indian exporters.
- Many exporters face shipment rejections or delays due to overlooked certifications.
- Mapping NTMs will help India negotiate better and support exporters with clarity.
Action for Exporters
- Audit your current compliance for key markets.
- Ensure correct labelling, packaging, certificates of conformity, and origin documents.
- Submit required compliance data to DGFT when requested.
EximHub offers export documentation & compliance support to help you meet global norms.