Expert view, April 24 -- Manoranjan Sharma, Chief Economist at Infomerics Valuation and Rating Ltd., believes that the tariffs announced by US President Donald Trump could impact sectors such as automobiles, auto components, IT, machinery, chemicals, gems and jewellery, certain agro-based products, and steel-based goods. However, he expects the broader macroeconomic impact to be limited to no more than 20 basis points.

In an interview with Mint, Sharma shared his views on the Indian economy amid the changing contours of global trade. Below are edited excerpts from the interview:

In the wake of heightened global uncertainty and increased business complexities stemming from US President Donald Trump's significant policy changes, including...