US reciprocal tariffs pose minor risk to Nepal’s exports and economy: SAWTEE report

A 10-percentage point increase in tariffs on Nepal’s exports to the US could lead to a 0.0096% decline in Nepal’s Gross Domestic Product, according to an issue note by South Asia Watch on Trade, Economics and Environment (SAWTEE). The report, titled "Decoding US’ reciprocal tariffs: A Nepali perspective," explores the implications of the United States’ proposed reciprocal tariff scheme, which represents a shift from established global trade norms. It is authored by Dr Paras Kharel, Executive Director of SAWTEE, and Kshitiz Dahal, Senior Research Officer.