• 54530
• July 30, 2025

India-US trade: Experts warn of GDP hit due to Trump tariffs

The United States' imposition of a 25% tariff on Indian goods, starting August 1, alongside penalties for Russian oil and military equipment purchases, threatens India's economic growth. Key export sectors like pharmaceuticals, marine products, and textiles are expected to be significantly affected.

• News Source Indiatimes (Click to view full news): CLICK HERE

• Category:
• Business

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