Vipin Vohra, Chairman, Continental Carriers said, “The move is expected to hit key Indian export sectors—gems, jewellery, textiles, pharmaceuticals, electronics and auto components—by making them less competitive in the US market. Indian equities tumbled on related fears, while trade and government leaders emphasise that ongoing bilateral talks may help limit the damage. Indian industry voices call to diversify trade, turning attention to Europe and ASEAN as alternatives.”