US tariffs unlikely to impact India, may create opportunities: NITI Aayog

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US tariffs unlikely to impact India, may create opportunities: NITI Aayog - Business Standard

Quick Summary:

The US plan to impose reciprocal tariffs will not have much impact on India and create several opportunities for the country, Niti Aayog Programme Director Pravakar Sahoo said on Friday.

Compared to Mexico, China and Canada, which account for 50 per cent of America's total imports, India is favourably placed, he added.

He said that a detailed analysis of the reciprocal tariff plan's impact on India will be presented in the next edition of the report.