The transcript discusses the potential impact of new Trump tariffs on India’s economy and exports. Experts predict a possible 0.5% reduction in India’s GDP growth due to direct and indirect effects. Key sectors like IT, auto ancillaries, textiles, and chemicals may face challenges, while pharma has been exempted. The Indian government is reportedly seeking a bilateral trade deal with the US, though sticking points remain around agricultural imports and minimum support prices. The discussion also covers global economic implications and consumer impacts in India. The discussion focuses on the impact of Trump’s new tariffs on global trade, particularly on India. Experts analyze the potential consequences for India’s economy, manufacturing sector, and trade relations with the US. The conversation explores the broader implications for international trade alliances, the dollar’s status, and the shift towards a multipolar world. Key points include the need for India to address its regulatory challenges and the possibility of new economic alignments among nations in response to US trade policies.
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