New Delhi, Feb. 17 -- United States President Donald Trump's reciprocal tariffs on India are likely to turn out to be "white noise" rather than a major impact on Indian exports, according to an SBI Research report.

While the Trump administration's move is significant for trade relations between the US and India, "tariff reciprocity may turn out to be more of white noise", as per the research report.

The report estimated that the overall US-imposed incremental tariff levels of 15 to 20 per cent would limit the impact on exports to the US in the range of 3 to 3.5 per cent, which can be squared off by higher export goals of India.

Highlighting the focus of India's exports on other regions, the report also mentioned the emergence of altern...