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President Trump vows to impose reciprocal tariff on India, China
Updated : 1 year, 1 month ago IST
US President Donald Trump on Friday announced that he will soon impose reciprocal tariffs on countries like India and China, asserting that the United States will charge the same tariffs these nations impose on American goods.
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India will have GDP loss of 50 bps if US applies 20 pc reciprocal tariffs:
Updated : 1 year, 1 month ago IST
In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.
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