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Image Credit: Bloomberg Quint

Global Trade To Reset With Trump Tariffs But Here's The Advantage For India

  • US President Donald Trump has unveiled tariff policies that are set to reset global trade and pose risks to the world's largest economy.
  • The tariffs could lead to a substantial jump in US inflation and potentially push the US and global economy into recession.
  • India, as one of the least-tariffed Asian exporters, holds an advantage as a 'China+1' hub for US-bound production and might engage in a bilateral deal with the US to navigate through tariff challenges.
  • While the direct impact of Trump tariffs on India's GDP is likely to be less severe, a slowdown in US growth and weak global trade momentum will still affect India's external demand.

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