# US 100% tariff threat: India has $200 bn alternative markets, says economist 2026-08-09T16:43:35+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The Trump administration’s plan to impose 100% tariffs on countries purchasing Russian crude has raised fears for India’s exports. But economist SP Sharma told ANI that Indian exporters have 15 alternative markets worth a combined $200 billion, including the Netherlands, France, the UK, Saudi Arabia, and Nepal. India’s merchandise exports to the US stood at $87.3 billion in 2025-26. Sharma said exports to other markets are growing at 20-25%, faster than the 10-15% growth to the US. He added that steep tariffs would push up prices for American consumers and hurt the US economy. ## Coverage - timesofindia.indiatimes.com Tags: Indian exports, Russia crude, SP Sharma, trade diversification, US tariffs Canonical: https://indianopinion.org/india-eyes-200-bn-alternate-markets-if-us-slaps-100-tariffs/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/india-eyes-200-bn-alternate-markets-if-us-slaps-100-tariffs/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.