Trump tariffs: Prolonged 50% duty could cut India’s growth by up to 0.8%; next round of trade talks ‘important’, says Morgan Stanley
Morgan Stanley warns that India's economic growth could significantly slow down if the US's 50% tariffs remain for an extended period, potentially impacting GDP by 0.4% to 0.8%. The report highlights direct and indirect effects stemming from reduced demand and disrupted supply chains. Negotiations between India and the US will be crucial to monitor.
Morgan Stanley warns that India's economic growth could significantly slow down if the US's 50% tariffs remain for an extended period, potentially impacting GDP by 0.4% to 0.8%. The report highlights direct and indirect effects stemming from reduced demand and disrupted supply chains. Negotiations between India and the US will be crucial to monitor.
