New Delhi, March 28 -- India's direct export loss due to tariffs imposed by US President Donald Trump is expected to remain limited at only 0.1 per cent of the country's GDP, according to a report by CareEdge Ratings.
However, the report added that the broader impact of global trade tensions may have more significant consequences through indirect channels such as weaker exports, lower investment and consumption sentiment, and pressure on capital flows and the currency.
It said "India's direct export loss due to such tariffs could be limited to around 0.1 per cent of GDP".
However, the report highlighted that some trade disruptions may happen because of the reciprocal tariffs from the US.
But the overall direct impact on India's GDP is...
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