New Delhi, April 3 -- Washington's latest trade salvo has rattled global markets. The reciprocal tariffs announced by President Donald Trump on 2 April include a 26% levy on Indian goods, with varying rates imposed on other countries.

Beyond trade, the move could disrupt currency markets, capital flows, and corporate strategies worldwide. While India faces fresh challenges, the shift may also create unexpected opportunities in an evolving global trade landscape.

Read this | Trump's tariff strike: India hit with 26% duty as trade war escalates

The tariffs provide India with greater clarity on sectoral impacts and corporate cash flows. However, Indian businesses must now shift focus from cost competitiveness to innovation, said Sachchida...