Trade war: Trump's 50% 'penalty' tariffs threaten India's manufacturing goals, warns Moody's

Moody's warns that US tariffs doubling to 50% on Indian goods, due to continued Russian oil purchases, could significantly hinder India's manufacturing ambitions and investment inflows. This may slow GDP growth by 0.3% in FY2025-26.

Trade war: Trump's 50% 'penalty' tariffs threaten India's manufacturing goals, warns Moody's
Moody's warns that US tariffs doubling to 50% on Indian goods, due to continued Russian oil purchases, could significantly hinder India's manufacturing ambitions and investment inflows. This may slow GDP growth by 0.3% in FY2025-26.