<h1>US Tariffs Impact Exports for Six Months; Focus Shifts to Innovation, Diversification, and Economic Independence</h1> The Chief Economic Advisor stated that the impact of US tariffs on exports will likely last no more than six months, with initial sectors like gems, jewellery, shrimps, and textiles bearing the brunt. The government is engaged with affected industries and will provide policy updates soon. The advisor emphasized that while tariffs pose short-term challenges, longer-term issues such as reliance on a single country for critical minerals, artificial intelligence adoption, and supply chain vulnerabilities require greater private sector involvement. He urged the private sector to focus on strategic, long-term growth and innovation, highlighting the need for increased investment in research and addressing public health concerns. The advisor also noted the importance of diversifying import sources and cautioned against overdependence on adversarial nations for critical resources, stressing the need for policies supporting economic independence and job creation.