US EditionUS tariffs prompt GlobalData to revise India economic growth forecast down to 6.5% in July 2025
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US tariffs prompt GlobalData to revise India economic growth forecast down to 6.5% in July 2025
Following the news that the US will impose 25% tariffs on all Indian imports starting from 1 August 2025; Ramnivas Mundada, Director of Economic Research and Companies at GlobalData, a leading data and analytics company, offers his view: “These significant tariffs, coupled with penalties linked to India’s dealings with Russian energy and military supplies, pose serious challenges for key export sectors, including electronics, pharmaceuticals, au…
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