Katra, April 6 -- India has the upper hand amidst the reciprocal tariffs imposed by the Trump administration, said Ashishkumar Chauhan, Managing Director and CEO of National Stock Exchange, backing his argument, stating the duties slapped on India were less than others.

"US President Donald Trump has imposed import duty, there is a state of confusion all over the world, but India has an upper hand in that too, because the duty imposed on India is slightly less compared to China, Vietnam, so I think the situation will become normal in the next 1-2 weeks...," Chauhan told ANI, speaking from Katra.

"The tariffs imposed on India are relatively lower than those of other countries. Going ahead, India will do well during the negotiations (for ...