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The impact of US tariffs on Indian exports may not be a major concern, as the bigger risk lies in financial markets rather than trade, according to Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital. Mishra explained that any changes in US trade policies, particularly under a potential Trump administration, could create volatility in global capital flows, interest rates, and the US dollar, which would have a more significant effect on India’s economy. A shift in US monetary policy or tax incentives for reshoring manufacturing could impact foreign investments and borrowing costs for emerging markets, including India. Meanwhile, tariffs will not necessarily mark the end of market concerns. Instead, it could act as a 'clearing event' that initiates further negotiations between countries, believes Sunil Koul, Global EM Equity Strategist at Goldman Sachs. Listen in. #trumptariffs #trumptariffwar #trumpreciprocaltariffs #globalmarkets #globaleconomy #indianstockmarket #marketoutlook #indianeconomy #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf --------------------------------------------------------------------------------------------------------------------- 👑 Check Out Top CNBC TV18 Playlist Videos: 🔹YoungTurks Reloaded: • Young Turks Reloaded with Shereen Bhan 🔹CNBC TV18 Digital Podcast: • I Did It My Way - CNBC TV18 Digital Podcast 🔹Sounding Board: • Sounding Board | CNBC TV18 🔹International Videos: • World News - CNBC-TV18 🔹CNBC TV18 Market Cafe: • CNBC TV18 Market Cafe 🔹CNBC TV18 Digital: • CNBC-TV18 Digital Videos 🔹CNBC TV18 Weekend Special: • CNBC-TV18 Weekend Special 🔹CNBC TV18 Next-Gen: • CNBCTV18 Next-Gen 🔹Overdrive Show: • OVERDRIVE || CNBC TV18 🔹Young Turks: • YOUNG TURKS - The Entrepreneurship Show 🔹Startup Streets: • Startup Street ------------------------------------------------------------------------------------ You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ Like us on Facebook: / cnbctv18india Follow us on Twitter: / cnbctv18news Follow us on Instagram: / cnbctv18india Catch us on: Linkedin: / cnbc-tv18 n18oc_business About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.