US tariff may impact India's GDP between 0.1-0.6 per cent: Goldman Sachs

  • Posted on February 19, 2025
  • By Business News Today
  • 6 Views
US tariff may impact India's GDP between 0.1-0.6 per cent: Goldman Sachs

Trump's proposed tariffs may impact India's GDP by 0.1 to 0.6 percent according to a Goldman Sachs report. If the US increases tariffs on all imports, India's exports, particularly in electronics, pharmaceuticals, and textiles, could be affected. This might increase India's exposure to the US final demand to roughly 4 percent of GDP.
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