The Indian finance ministry has indicated that the immediate impact of US tariffs on Indian exports is limited; however, it warns of potential secondary and tertiary economic challenges. India is actively pursuing a diversified trade strategy to mitigate trade performance risks, but these efforts may take time and may not completely offset potential declines in exports if current tariff rates remain. This situation underscores the need for India to strengthen its trade resilience and adaptability in the face of external economic pressures, ensuring that its export sector remains robust and competitive.