India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
- US President Donald Trump's reciprocal tariffs may lead to a 3-3.5% decline in Indian exports, according to SBI Research.
- India plans to strengthen its global market position through Free Trade Agreements and by diversifying its exports.
- India is negotiating several FTAs, including one with the UK that could boost bilateral trade by USD 15 billion by 2030, as noted in the report.
- SBI Research states that India is poised to absorb tariff impacts while enhancing trade deals.
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Coverage Details
Total News Sources8
Leaning Left1Leaning Right2Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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