New Delhi, Feb. 17 -- A recent analysis by the State Bank of India suggests that the potential impact of U.S. tariff reciprocity on Indian exports will likely be limited, despite growing concerns about trade restrictions between the two nations.

According to the report, even if the United States implements higher tariffs in the range of 15 to 20 percent, the overall decline in Indian exports to the U.S. is projected to be relatively modest, estimated at approximately 3 to 3.5 percent.

The report specifically notes that "overall incremental tariff levels even at 15-20 percent imposed by the US would still limit the impact on exports to US only in the range of 3-3.5 percent which again should be negated through higher export goals."

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