Economist and Dean at O.P. Jindal Global University, Professor Debdas Mohan, stated that the tariffs imposed by Donald Trump are expected to reduce India’s economic growth by 0.6% this year. The impact stems from disruptions in trade flows and increased costs for Indian exporters facing higher barriers in the U.S. market. While India has been diversifying its trade partnerships, the protectionist measures could slow down manufacturing and export-oriented sectors, particularly in textiles and electronics. Mohan emphasized that although the effect is moderate, it highlights vulnerabilities in global supply chains when major economies adopt inward-looking policies. He also noted that such actions may prompt retaliatory measures, further complicating international trade dynamics. n— news from Economy Sky News Arabia
