Trade Tensions and India’s Growth Outlook: Navigating the Crosswinds

India’s Chief Economic Adviser, V. Anantha Nageswaran, recently cautioned that new U.S. tariffs, some as high as 50%, could shave 0.5–0.6% off India’s GDP growth in 2025. While this may seem like a modest adjustment against a projected growth rate of ~6.5%, the implications reach far deeper. Global trade realignments are not just short-term speed bumps; they represent structural forces that …

Continue Reading