New Delhi, Feb. 19 -- Trump's tariff may impact India's Gross Domestic Product (GDP) in between 0.1 to 0.6 according to a report by Goldman Sachs.

The report which analyses the impact of US tariffs on India's GDP under country-level reciprocity, product-level reciprocity says, "India's domestic activity exposure to US final demand would be roughly twice as high (4.0 per cent of GDP) given exposure to the US via exports to other countries, and would likely result in a potential domestic GDP growth impact of 0.1-0.6pp."

If Trump administration chooses to increase the tariff on all US imports by the average tariff differential between a particular country and the US. Under this scenario, the average US effective tariff rates on Indian impo...