US tariffs to impact Indian exports in short term; Govt fast-tracking export promotion measures: Commerce Ministry

New Delhi [India], August 28 (ANI): The Commerce Ministry on Thursday said the recent imposition of 50 per cent tariffs by the United States will have a short-term impact on India's exports, particularly in sectors such as textiles, chemicals, and machinery. However, it asserted that the long-term effect on overall trade and GDP will remain limited.

'It is understood that 50 per cent tariffs are going to impact t