<ul><li>Crisil Ratings and CareEdge Ratings expect strong corporate balance sheets to act as a shield against changes in US trade policy.</li><li>Crisil Ratings conducted a study on the impact of US tariff proposals on 11 key sectors. Except for smartphones, other sectors are predicted to face low to moderate impact on their business risk profiles.</li><li>CareEdge Ratings emphasizes that Indian corporates have strong and deleveraged balance sheets, which provide a crucial buffer against external shocks and uncertainties.</li><li>ICRA suggests that Indian exporters will need to navigate trade flow adjustments due to the possibility of reciprocal tariffs being levied by the US on India.</li></ul>

Crisil, CareEdge expect strong corporate balance sheets to act as a shield against changes in US trade policy

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