‘Don't think US tariffs will…’: S&P confident Donald Trump’s tariffs won’t impact India’s growth; here’s why

Aug 13, 2025 - 21:30
‘Don't think US tariffs will…’: S&P confident Donald Trump’s tariffs won’t impact India’s growth; here’s why

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

S&P Global Ratings Director YeeFarn Phua has said that Trump's tariffs are unlikely to significantly impact India's economic growth due to its non-trade-oriented nature, with exports to the US representing only about 2% of GDP. Despite increased tariffs on Indian imports, S&P maintains a positive outlook on India's sovereign rating, projecting a GDP growth of 6.5%.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0