US eases India tariffs to 18%: Moody’s warns of ‘Inflationary Disruption’ if PM Modi halts Russian oil immediately
- Posted on February 3, 2026
- By Financial Express
- 3 Views
US eases India tariffs to 18%: Moody’s warns of ‘Inflationary Disruption’ if PM Modi halts Russian oil immediately
Moody’s says the US tariff cut to 18% on Indian goods will boost exports, especially in gems, jewellery, textiles and apparel, but warns that an immediate end to Russian oil imports could disrupt growth and lead to inflationary pressures for India.
