Chennai, July 30 -- Economist Suriya Narayanan reacted to the 25 per cent tariffs imposed on India by the United States President Donald Trump, calling it a setback for the country, with the move expected to impact Indian trade and exporters.

While speaking to ANI, Economist Suriya Narayanan stated, "This is a setback to India because India was exporting pharmaceuticals, copper, metals and more with zero tariffs. Now India has to pay for products exported to the US. This will impact the Indian exporters... This will impact the Indian trade, and Indian exporters expect some concessions... The American trade team will visit India on 25th August to further talk on this..."

Several Indian trade bodies have also expressed disappointment over...