New Delhi, April 3 -- As US President Donald Trump mandates a 27 percent tariff on Indian goods to his country, economists and economy watchers have opined that Indian exporters will face relatively less trouble. Amongst major Emerging Markets in Asia, India's tariffs are the lowest, barring the Philippines.
According to economic experts, India will be less impacted because its economy is inward-looking compared to export-dominated nations like China, Japan, Vietnam, and Sri Lanka.
"This is expected to have a significant impact on US inflation and global trade dynamics. Exporters from India are likely to face relatively less trouble, as amongst major EMs in Asia, tariffs on US imports from India is the lowest (26%+ 10% baseline) barring...
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