New Delhi, Aug. 31 -- The government is preparing a comprehensive export support strategy with immediate measures to counter the liquidity crisis triggered by 50% US tariffs, after stakeholders identified delayed payments, cancelled orders and working capital stress as the most pressing challenges facing Indian exporters.

The government sees the tariff shock leading to some immediate liquidity problems, and in order to protect exports and employment, it is planning for Covid-style liquidity relief measures along with medium and long-term strategies for market diversification and global supply chain integration are underway, two officials said.

"It is anticipated that exporters may face delayed payments, stretched receivable cycles, and ...