🇺🇸 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.
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50% US tariffs could shave 0.7% off India’s GDP.
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Labor-heavy sectors like textiles & footwear are most at risk.
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Govt spending + strong rains helped rural demand stay steady.
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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.
🔍 Curated by Articoli News
🖋️ Written and summarized by our editorial team using AI assistance and human review.
📚 Sources: Market insights on the internet and other verified media platforms.
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👤 Edited & Approved by Debraj Paul, Founder of Articoli News.
