US Tariffs Will Have Limited Impact in FY26: Chief Economic Advisor

The United States' tariff action on Indian exports may not significantly impact the current financial year, but prolonged duties could affect investment sentiment, Chief Economic Advisor (CEA) to the Government of India, V Anantha Nageshwaran, said on Wednesday.

- TDG NETWORK

"For the first five months of the current financial year, exports to the US have almost already achieved half the number of last year. So in other words, in this financial year, the impact may be relatively limited depending on the assumptions one makes," he stated.

Speaking at the AIMA 52nd National Management Convention, Nageshwaran explained that quantifying the exact impact of tariffs or GST is difficult. "Trying to be very precise about the quantitative impact of either the tariff or the GST is definitely fraught with a wide margin of uncertainty," he said.