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Why Trump's 50% tariff on India will also hurt rest of the world
Published on: Aug. 7, 2025, 5:15 p.m. | Source: Firstpost
Some think US President Donald Trump’s tariffs could cause India’s GDP to shrink between 0.2 and 0.4 per cent, while others say it could take a hit as large as one per cent. This, naturally would have a spill over effect on the world as India remains a key driver of growth. Experts say India could easily wean itself off Russian oil and have criticised Trump’s approach
