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‘India’s growth intact despite US tariffs’
Financial Express Ahmedabad
|October 06, 2025
US President Donald Trump’s tariff policy has caused many countries to think more carefully about how they can create autonomous growth pillars, drawing on their comparative advantages, said Sean Michael Dougherty, senior adviser at the Organisation for Economic Co-Operation and Development (OECD). India should push Al in health and education to improve service delivery while reducing costs, he told Prasanta Sahu. Dougherty was in New Delhi to attend the Kautilya Economic Conclave. Excerpts:
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How are the US tariff policies going to impact the world economy, trade, and, in particular, India?
We've always promoted fair and open trade; however, our global economic forecast reveals significant uncertainties related to trade policy. So far, the initial adjustments have been, in some ways, better than expected, but there are many risks on the horizon.
Some of the effects may come in a delayed way. The latest forecast for the US in particular isn’t especially strong. We have around 1.5% growth for this year and next, coming down from a stronger growth forecast earlier in 2025.
Dit verhaal komt uit de October 06, 2025-editie van Financial Express Ahmedabad.
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