'US tariffs: Uncertainty bigger than Covid, financial crisis'

Oct 6, 2025 - 04:30
'US tariffs: Uncertainty bigger than Covid, financial crisis'

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AIIB chief economist Erik Berglof states US tariffs create unprecedented global uncertainty, surpassing Covid or GFC impacts. He notes China's preparedness and leverage, while global supply chains remain robust, with "China plus one" benefiting nations like India. Berglof emphasizes India's need for greater integration into Asian value chains, despite its domestic focus.

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