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Impact Of Reciprocal Tariffs On India To Be Minimal — Read Motilal Oswal's Analysis

  • India's US exports of 1.1% of GDP to be the most vulnerable, adds Motilal Oswal.
  • India's top exported items to the US are electronics, gems and jewelry, pharma products, machinery for nuclear reactors, and refined petroleum products.
  • The Trump administration introduced the Reciprocal Tariff Plan, allowing the US to raise tariffs on countries with a trade deficit.
  • The first set of reciprocal tariffs is expected on April 2, 2025.

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