Ahmedabad, April 7 -- Shashi Tharoor on Monday expressed concerns over the impact of US tariffs on India's economy and emphasised the need for effective bilateral trade agreements, and called the situation "quite negative."

"It is a very concerning issue. You know that there is a lot of hope that the bilateral talks with the United States will bring some assurances and relief, but as of now, in the short term, the situation is quite negative," he stated.

He emphasised that the global market has been severely affected, saying, "The global market is bad, not just in India but across the world. As you said, prices are also rising, and nobody understands Trump's tariffs and what they mean."

Tharoor further elaborated on the financial impli...