Ahmedabad, July 24 -- The 10 per cent US tariff under Section 301 on Indian goods is expected to have only a limited immediate impact on exports, economists said. They added that India should focus on expanding export markets and strengthening long-term trade ties with the United States.

Speaking with ANI, economist Sunil R. Parekh said keeping Indian under 10% tariff is "a good step" that reflects India's ability to present its case effectively before the US administration, and added that the immediate economic impact would be marginal.

"In my opinion, the difference in tariff between 12.5 per cent to 10 per cent is of marginal significance. It's a good step. I think it shows that we have been able to negotiate and present India in the...