Trump’s tariffs: If continued, India’s GDP may shrink by 0.5%, says the CEA
Virendra Pandit New Delhi: If prolonged, US President Donald Trump’s 50 percent tariffs, which became effective on August 27, may shrink India’s GDP by 0.5 percent in the current financial year (2025-26), according to Dr. V. Anantha Nageswaran, Chief Economic Advisor to the government. “I hope the additional penal tariff is a short-lived phenomenon,” […]


