New Delhi, Aug. 14 -- Nearly 70 percent of India's exports could be affected by the 50 percent tariffs recently announced by US President Donald Trump, according to economic think tank ICRIER.

A paper, authored by economists Ashok Gulati, Sulakshana Rao, and Tanay Suntwal, urges the government to provide targeted support for vulnerable sectors such as textiles and gems and jewellery, while pursuing selective tariff cuts on non-sensitive agricultural imports and addressing long-standing US concerns over genetically modified (GM) products.

It stressed that the US remains a critical market for India, even as the country advances trade talks with the UK and EU, and called for 'smart, tactical negotiation' ahead of the next round of bilatera...