Corporate India Sees Limited Impact of US Tariffs, Expects Major Realignment In Global Trade

US President Donald Trump’s announcement of a 27% reciprocal tariff on Indian exports is expected to bring significant changes to global trade and manufacturing value chains. While India Inc. anticipates only a marginal impact on the country’s resilient economy, industry leaders stress the need for a thorough assessment of the long-term effects.ASSOCHAM President Sanjay Nayar noted that India’s
US President Donald Trump’s announcement of a 27% reciprocal tariff on Indian exports is expected to bring significant changes to global trade and manufacturing value chains. While India Inc. anticipates only a marginal impact on the country’s resilient economy, industry leaders stress the need for a thorough assessment of the long-term effects.ASSOCHAM President Sanjay Nayar noted that India’s
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