Govt analysing impact of 26% Trump tariff on India; it's mixed bag, not setback: Official

India's commerce ministry is analyzing the impact of the US's 26% reciprocal tariffs on imports, set to take effect in stages from April 5. While the tariffs are seen as a challenge, the government views it as a mixed situation and not a setback. India is negotiating a trade agreement with the US, aiming for a deal by fall 2025.