New Delhi, July 30 -- Indian trade bodies have expressed disappointment over US President Donald Trump's decision to impose a 25 per cent tariff, calling it a setback for the Indian export market while also highlighting potential opportunities for export diversification and supply chain realignment.
While some trade and industry leaders warned of short-term disruptions, others expressed confidence that India's strong manufacturing base, especially in sectors such as pharmaceuticals and medical equipment, would help it withstand the impact and forge new trade partnerships.
Subhash Goyal, Chairman of the Tourism Expert Committee at the Chamber of Commerce, called it "a sad day for Indian exports," warning that the tariffs would slow expor...
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