Donald Trump tariffs to dent India’s GDP growth? Up to 30 basis points dip possible, say experts; expected trade deal could soften blow
Thursday, 31 July 2025 () Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India's GDP growth and exports. Key sectors like pharmaceuticals and textiles face challenges, potentially lowering GDP by 30 basis points. Analysts hope for a trade agreement to mitigate the impact, leveraging India's strong domestic demand.
Donald Trump’s approval ratings have hit a second-term low across major polls. Reuters/Ipsos shows just 40% support, while Gallup reports 37%. Even traditionally favorable outlets like Fox News show net disapproval. Swing states such as Florida, Pennsylvania, and Wisconsin report negative ratings,...
India has reportedly declined a U.S. offer to buy F-35 stealth fighter jets, according to Bloomberg. The offer was made by President Trump during Prime Minister Modi’s visit to Washington in..
China has issued a scathing rebuke of Donald Trump’s sweeping new tariff regime targeting 69 countries, accusing the United States of igniting an economic war that "no one wins." In a sharply worded..
President Donald Trump erupted at a reporter who challenged his second-term tariff moves, firing back, “I was fighting lunatics like you,” at a White House event. The clash came after Trump signed..
The US imposed steep 25% tariffs on Indian imports, the highest in Asia, sparking market volatility. While initial concerns arose, analysts predict potential... IndiaTimes
US President Trump has imposed a 25% tariff on Indian goods amidst ongoing trade deal negotiations. Trump cited high Indian tariffs and its energy and military... IndiaTimes
US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential... IndiaTimes
Thursday, 31 July 2025 ()
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