Trump tariffs cast a pall of gloom over India's exports, investments and Rupee

  • Posted on August 7, 2025
  • By Business News Today
  • 4 Views
Trump tariffs cast a pall of gloom over India's exports, investments and Rupee

US President Donald Trumps decision to double tariffs on Indian goods—raising duties to 50% as a penalty for Russian oil imports—has raised concerns over Indias export competitiveness, GDP growth, and investor sentiment. Economists estimate the move could lower Indias GDP growth by 30–80 basis points if sustained for a year.
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