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CEA hopes Trump tariffs are short-lived
September 09, 2025
|Business Standard
Chief Economic Advisor V Anantha Nageswaran on Monday said the 50 per cent tariff imposed by the US could reduce India's gross domestic product (GDP) growth in FY26.
"Depending upon how long it lasts, even in this financial year, it may translate into a GDP impact of somewhere between 0.5 per cent to 0.6 per cent," he told Bloomberg TV.
Nageswaran said he hopes the tariffs are a "short-lived phenomenon". If they extend into the next financial year, he cautioned, the drag would be greater and pose a "major risk" to India's growth momentum.
هذه القصة من طبعة September 09, 2025 من Business Standard.
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