New Delhi, July 30 -- Chairman of the Tourism Expert Committee at the Chamber of Commerce, Subhash Goyal, on Wednesday said that the imposition of a 25 per cent tariff on Indian imports by US President Donald Trump would negatively impact Indian exports and have a ripple effect on the country's manufacturing sector.
"It is a sad day for Indian exports because India is doing exports worth over 100 billion dollars and our surplus is over $40 billion. It will slow down some of our exports and there will be a ripple effect on our manufacturing, particularly in carpet, pharmaceuticals and handicrafts sectors..." Goyal told ANI.
He further stated that the imposition of the tariffs would also adversely affect the American consumers.
"But it w...
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