"The impact is not as is being projected.Our exports are quite diversified, and we are not so dependent on the US market. Some (manufacturing) units may take a hit, but not the entire sector. "The apparel industry was reconciled to the 25 per cent reciprocal tariff announced by the USA, as it was prepared to absorb a part of the tariff increase. "This is extremely critical as it is not easy to recover the lost ground and regain market share, once buyers move away to other cost-competitive locations. "In the next 2-3 days, the ministry will meet stakeholders on the diversification of exports," the official added.