Washington, Aug. 1 -- US-India Business Council (USIBC) President Atul Keshap has expressed concerns about the potential impact of the 25% tariff imposed by the US on Indian goods, but believes it's crucial for both countries to forge a mutually beneficial deal.

In an exclusive interview with ANI, he said that the tariffs won't have a significant disruptive impact on the US economy, given India's relatively small share of US international trade, around 2.5%.

"The truth is that India doesn't have the leverage that some other economies have on the US. India only represents about 2 and a half per cent of America's total international trade," said Keshap.

However, he acknowledged the importance of Indian pharma imports to the US. Keshap no...