US tariff on Indian goods and who pays

In force Announced or framework only, never applied

Exporter absorbs (your guess)30% Exporter's margin10%

Tariff on a $100,000 shipment

Exporter absorbsUS buyer pays

Tariff bill0

US buyer pays0

Exporter absorbs0

Exporter profit left0

Sources: India Briefing, 2025; Global Trade Alert, 2026. Margin and split are assumptions.