US tariff shift poses modest risk to Nepal’s economy, but uncertainty grows

Think tank says impact on GDP will be small, but exporters face growing unpredictability. With tariff preferences set to expire, Nepal’s export competitiveness could be impacted.

A proposed 10 percent reciprocal tariff by the United States could impact Nepal’s exports, particularly to the US market. However, experts believe the broader impact on the national economy will be minimal due to the limited size of Nepal's export base.