New Delhi, April 2 -- Indian companies are bracing for wider ramifications of US President Donald Trump's tariff war, which they fear would have severe and lasting consequences for global trade.

The US' reciprocal tariffs plan, scheduled to be announced on 2 April (1.30 am on 3 April in India), could reshape the global trade landscape, say industry experts.

India is unlikely to be spared even as New Delhi has signaled a willingness to lower tariffs on US goods to avoid Trump's retaliatory action and maintain stable trade relations with Washington. While the US hasn't outlined the contours of its plan, Trump has made it clear that "all countries" will face reciprocal tariffs.

Trump's global tariff war has prompted calls from a section o...