India shouldn't lose sleep over looming US reciprocal tariffs thanks to new routes: SBI

India shouldn’t lose sleep over looming US reciprocal tariffs thanks to new routes: SBI

India’s exports to the US may drop by 3-3.5% if reciprocal tariffs are imposed, but increased diversification and new trade routes could offset the impact. India is expanding its export base and negotiating multiple Free Trade Agreements to navigate global supply chain shifts.
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