05-February-2026
Economy News
 
Goldman Sachs on 5 ways India benefits from US slashing tariffs on Indian goods to 18%
04-Feb-2026

Goldman Sachs India sees the United States reducing “reciprocal” tariffs on Indian goods as a positive move. The brokerage notes that this change is likely to boost India’s exports, raise GDP growth modestly, and improve trade balances, particularly for sectors with strong export surpluses. The tariff has been cut to 18% from 25%. The additional 25% duties on Indian imports linked to Russian oil have also been removed.

News Source:- https://www.financialexpress.com/business/industry/goldman-sachs-on-5-ways-india-benefits-from-us-slashing-tariffs-on-indian-goods-to-18/4129733/