Indian exporters are facing uncertainty after a proposed US tariff and an unspecified penalty clause disrupted plans, affecting sectors like leather, textiles, gems, and seafood. Exporters fear order cancellations and pricing issues.

President Donald Trump on Wednesday delivered a subtle punch at India in announcing a trade deal with its rival Pakistan after slapping India with 25% tariffs over the country’s ties to U.S. rival Russia. Trump joked that Pakistan could be “selling Oil to India some day!”