NEW YORK : S&P Global Ratings has said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports. With India imposing higher tariffs than the US on most products — by an average of 6.5 percentage points — Washington could respond with similar levies.
YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.
He . . .
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