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US to See Major Impact of Tariff, Says Kaushik Basu

Mint Kolkata

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April 07, 2025

Former World Bank chief economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the U.S.

- PTI

Former World Bank chief economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the U.S. Basu also said it is not really a reciprocal tariff as the Trump administration c

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