New Delhi, April 3 -- India's strict regulations on chemicals, medical devices, and telecom products are making it harder for US companies to do business in the country, the White House said in a 'fact sheet' statement, highlighting trade imbalances, as Donald Trump's reciprocal tariffs took effect.

The fact sheet, titled 'President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security' also mentioned that if the barriers like testing and certification requirements are done away with, the US exports would see an uptick by at least $5.3 billion annually.

"India imposes their own uniquely burdensome and/or duplicative testing and certificati...