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Fitch Fears Rising Risks From Second-Order Hit to India Inc
August 20, 2025
|Business Standard
Global rating agency Fitch on Tuesday said Indian companies in sectors such as pharmaceuticals might be hit by further US tariff announcements, while cautioning about the rising risk of second-order effects from existing tariffs to India Inc.
India-based corporations generally have low direct exposure to US tariffs, but sectors that are currently unaffected, including pharmaceuticals, could be hit by further US tariff announcements. A US-India trade deal, if secured, would reduce these risks, the agency said in a statement.
هذه القصة من طبعة August 20, 2025 من Business Standard.
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