New Delhi, Aug 27 (PTI) Communication channels remain open between India and the US and efforts will continue to resolve the ongoing tariff issue, government sources said on Wednesday.

The US government has imposed a total of 50 per cent tariffs on Indian exports to America, barring a few sectors, beginning Wednesday.

"The impact (of the tariffs) is unlikely to be as severe as feared given the diversified nature of Indian exports," the sources said, adding the communication lines are open between India and the US to resolve the issue.

The sources further said that there is no cause for panic as far as exporters are concerned, stressing "it is a temporary phase in a long-term relationship" between India and the US. PTI RR ANZ CS TRB

Tariffs on Indian exports prompt ongoing bilateral talks; diversified export base likely to limit impact, exporters urged calm. The US has imposed broad import tariffs on Indian exports, excluding a limited set of sectors, and bilateral communication channels remain open to negotiate remedies. Government sources describe the measures as a temporary trade disruption, note the diversified export base will likely limit immediate impact, and advise exporters not to panic while trade-policy discussions continue to manage and mitigate effects.