India not so badly impacted by US tariffs, says ASSOCHAM president Sanjay Nayar

India is less impacted by the US tariffs announced by President Trump, says ASSOCHAM president Sanjay Nayar. With a 26% tariff, India fares better than China (34%) and Vietnam (46%). Pharma remains exempt, reducing the impact. Nayar predicts an intra-Asia trade realignment and urges India to improve efficiency and expand US market access.