🇺🇸 Will 50% US tariffs put India’s growth under pressure?🚨

🇺🇸 50% US Tariffs: Will India’s Growth Be Hit? Let’s deep dive into this:

India’s economy is slowing as 50% US tariffs take effect, impacting key exports such as textiles, jewelry, footwear, and chemicals. Economists warn that if tariffs last a year, growth could drop by 0.7%. Q1 GDP is already down to 6.7% from 7.4%. A good monsoon and government spending gave some cushion, but jobs and SMEs in export-heavy sectors face real risks if these tariffs last longer.

• 50% US tariffs could shave 0.7% off India’s GDP.

• Labor-heavy sectors like textiles & footwear are most at risk.

• Govt spending + strong rains helped rural demand stay steady.

• Export jobs & smaller manufacturers may face the worst pain.

👉 Why this matters: If tariffs stick, India’s growth, jobs, and role as a China alternative take a hard knock.

Read More: India Today

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