31-August-2025
Economy News
 
Loss of US market share may shave off growth by up to 100 bps
08-Aug-2025

The proposed doubling of extra tariff on Indian goods to 50% may shave off India’s economic growth by anywhere between 40 to 100 basis points on an annualised basis, according to analysts. The Direct Economic Fallout: Growth Projections Revised Goldman Sachs had previously estimated a potential direct impact of around 0.3pp annualised to India’s real GDP growth, following Trump’s late July announcement of 25% tariff on Indian imports.

News Source:- https://www.financialexpress.com/policy/economy/loss-of-us-market-share-may-shave-off-growth-by-up-to-100-bps/3939728/