US Tariff Proposals Threaten India’s Economic Momentum
Former Reserve Bank of India (RBI) Governor Duvvuri Subbarao warned this week that potential new United States trade tariffs could reduce India’s annual GDP growth by 50 basis points. Speaking at a policy forum, Subbarao highlighted that such protectionist measures, if implemented, would exacerbate India’s ongoing struggle with a jobless recovery, creating significant headwinds for…
