The United States has imposed a 10% tariff on Indian goods under Section 301, but economists believe the immediate impact on India's exports will be limited.

Possible outcomes: Tariffs could remain the same; rates could change depending on US investigations under Section 301; US could opt for a different instrument.

The 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the Trump administration announces an…