
India-US trade: Experts warn of GDP hit due to Donald Trump tariffs; pharma, auto sectors may take a hit
File photo: US President Donald Trump (Picture credit: PTI) India’s economy could take a hit from the United States’ decision to impose a 25 per cent tariff on all Indian goods starting August 1, alongside an unspecified penalty for its purchases of Russian oil and military equipment. As per news agency PTI, trade and policy…