Tariff tandav on India’s $87 billion export machine. Morgan Stanley, Jefferies, others decode impact on economy, markets
India’s economy faces potential disruption as new tariffs threaten $87 billion in exports to the US, potentially shaving off up to 80 basis points from GDP growth. Brokerages warn of significant impacts on export-heavy sectors, leading to possible Government intervention and RBI rate cuts. With the first wave of 25% Trump tariffs kicking off today […]
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