Who Actually Gets Paid
While the US importers are set to receive tariff repayments, Indian exporters are unlikely to see direct benefits, even though nearly $12bn refunds are tied to Indian goods. The payments are meant only for US importers who actually dealt with the tariffs. Out of this $12bn, about $4bn comprises textiles and apparel, followed by engineering goods with a similar share and chemicals contributing about $2bn, while other sectors make up the remainder.