New Delhi, April 3 -- US President Donald Trump's reciprocal tariffs will impact the American economy more, leaving them with limited buying options to cater for their needs according to Ranjeet Mehta, CEO and Secretary General of industry body PHDCCI.

"If you look at the first impact, it is going to impact the American economy itself, first of all. The consumers today who have the liberty to buy the products from anywhere in the world, wherever they are getting cheaper. However, by levying these tariffs, I think that it is going to be more expensive for the American economy itself," Mehta told ANI.

India will be taxed a reciprocal tariff of 27 per cent.

Goods such as steel, aluminium, and auto-related goods from India will face a 25 p...