Donald Trump tariffs to dent India’s GDP growth? Up to 30...

Dununu.com Dununu

Sponsored

Donald Trump tariffs to dent India’s GDP growth? Up to 30 basis points dip possible, say experts; expected trade deal could soften blow

RSS Feed Business

Posted

45

Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India's GDP growth and exports. Key sectors like pharmaceuticals and textiles face challenges, potentially lowering GDP by 30 basis points. Analysts hope for a trade agreement to mitigate the impact, leveraging India's strong domestic demand.

Read Full Article

Please log in to like, share and comment!

Shubman Gill, KL Rahul, Ravindra Jadeja create historic feat in England

In a historic moment for Indian Test cricket, Shubman Gill, KL Rahul, and Ravindra Jadeja have...

By 0 11

Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes under new trade rules

Donald Trump's new tariff policy is creating economic problems worldwide. Countries face high...

By 0 12

'Pathetic and vile': Kishan Reddy slams Rahul Gandhi over remarks on Arun Jaitley, says late FM died before farm laws; demands apology

By 0 12

Myanmar junta air strike on ruby mine hub kills 13

A Myanmar junta air strike on the rebel-held ruby mining center of Mogok resulted in 13...

By 0 22

Palestine statehood: More countries back two-state solution - what's keeping the dream a dream?

France, the UK, and Canada's support for a Palestinian state highlights growing international...

By 0 22