استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Trump's punishing tariffs test India's economic resilience
September 04, 2025
|The Mercury
INDIA, which has been bracing for the negative impact of Donald Trump's sweeping trade tariffs, has shown surprising economic resilience, posting record growth of the country’s private sector economy in August.
The International Monetary Fund has raised its FY26 and FY27 forecasts for the country, and domestic demand remained robust in the face of the initial 25% tariff imposed by the US.
However, India’s ingenuity and resilience are set to be tested to the limit now that Trump has slapped an additional 25% to the earlier 25% export tariff imposed by Washington against India.
New Delhi now faces a whopping 50% tariff on its exports, as punishment for purchasing crude oil from Russia in defiance of a US embargo.
Amidst the gloomy reality of being among the countries facing the highest US tariffs in the world, the findings of an HSBC Flash India PMI survey by S&P Global showing that August marked the quickest pace of business activity growth ever recorded in India, was welcome news.
هذه القصة من طبعة September 04, 2025 من The Mercury.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Mercury
The Mercury
UNAIDS warns of a looming HIV crisis ahead of World AIDS Day this year
A STARK warning from UNAIDS has illuminated a grave crisis in the global response to HIV, signalling a long-fought battle for public health at risk of unraveling.
2 mins
November 27, 2025
The Mercury
Bavuma leads Proteas to historic series win in India
PROTEAS captain Temba Bavuma is the master of all he surveys and is fast etching his name into the annals of South African cricket history.
2 mins
November 27, 2025
The Mercury
From grovelling to greatness: Proteas conquer their Everest
GROVEL. A term that has for long carried negative connotations within cricket due to former England captain Tony Greig’s comments almost 50 years ago ahead of the series against the all-black West Indies team.
3 mins
November 27, 2025
The Mercury
Fringe Bok players likely to start in team to play Wales in Cardiff
THE Springbok team to play Wales on Saturday in Cardiff will be announced by coach Rassie Erasmus today, and it will be a combination patched together from those remaining on tour.
2 mins
November 27, 2025
The Mercury
Transforming your small bathroom: rental-friendly tips to maximise space
MANY homes or apartments these days have either an en suite or bathrooms that include a toilet.
2 mins
November 27, 2025
The Mercury
G20 Summit in South Africa: A success for MSMEs despite the absence President Donald Trump
SOUTH Africa has officially done the unthinkable: pulled off the first-ever G20 Summit on African soil, smoothly, stylishly, and with enough gravitas to make global leaders nod thoughtfully while sipping rooibos tea.
3 mins
November 27, 2025
The Mercury
GBV: CYRIL MUST SHOW US THE MONEY
PRESIDENT Cyril Ramaphosa’ classification of gender-based violence and femicide (GBVF) as a national crisis is just empty words without a concrete plan on how to financially capacitate the organisations at the forefront of curbing the scourge.
1 mins
November 27, 2025
The Mercury
AmaZulu, Durban City chase wins
AMAZULU could climb to third in the Betway Premiership standings if they beat Richards Bay in the KZN derby tomorrow evening (7.
1 mins
November 27, 2025
The Mercury
Net salaries remained unchanged in October - PayInc Net Salary Index
NET salaries remained unchanged in October, according to the PayInc Net Salary Index, which tracks the average nominal net salaries of around 2.
2 mins
November 27, 2025
The Mercury
R60bn class action lawsuit against banks hits critical stage over inclusion of new evidence
THE long-running R60 billion class action bid against South Africa's major banks reaches a critical procedural stage today as the Gauteng High Court will hear an interlocutory application that could determine how much evidence will ultimately be allowed before the court.
2 mins
November 27, 2025
Listen
Translate
Change font size