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The US Trade Ledger — every US container gateway, every partner country, every month — verified against real ship movements.

← the board · Engagement 10

“What does America import from India — and is the 50% tariff biting?”

asked by Mrigank Singh · re-verified 2026-08-07

The number it created

India ships 1.63× its 2018 weight, and its cargo is now worth more per kilogram than China's ($4.0 vs $3.2). But since October 2025 it has run 14–30pp below its counterfactual for eight straight months — roughly 1.5 Mt short. Suppression, not front-running.

22 11 2025-05: -1 pp vs donors2025-06: -10 pp vs donors2025-07: 2 pp vs donors2025-08: 22 pp vs donors2025-09: 13 pp vs donors2025-10: -20 pp vs donors2025-11: -31 pp vs donors2025-12: -28 pp vs donors2026-01: -14 pp vs donors2026-02: -19 pp vs donors2026-03: -18 pp vs donors2026-04: -20 pp vs donors2026-05: -9 pp vs donors -9 2025-052025-112026-05
India against its counterfactual, percentage points. Below zero and staying below: suppression.

What it does not say

It does not say the corridor is dying — it grew two-thirds since 2018, and the suppression claim carries its own kill-switch: three months within ±5pp of donors closes it. · the full record

Run it yourself

With the ledger connected to your own AI, paste:

Using the Trimtab tools, what happened to US imports from India after the August 2025 tariff — front-running, payback, or something worse?

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“What does America import from India — and is the 50% tariff biting?”
India ships 1.63× its 2018 weight, and its cargo is now worth more per kilogram than China's ($4.0 vs $3.2). But since October 2025 it has run 14–30pp below its counterfactual for eight straight months — roughly 1.5 Mt short. Suppression, not front-running.
It does not say the corridor is dying — it grew two-thirds since 2018, and the suppression claim carries its own kill-switch: three months within ±5pp of donors closes it.
I asked the Trimtab US Trade Ledger — open, no key, no account. Ask it something we haven’t: https://trimtabist.com/asked/india-tariff
(via Mrigank Singh — engagement 10 on the board) #Trimtabist
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