Trump tariffs: Prolonged 50% duty could cut India’s growth by up to 0.8%; next round of trade talks ‘important’, says Morgan Stanley

Morgan Stanley warns that India’s economic growth could significantly slow down if the US’s 50% tariffs remain for an extended period, potentially impacting GDP by 0.4% to 0.8%. The report highlights direct and indirect effects stemming from reduced demand and disrupted supply chains. Negotiations between India and the US will be crucial to monitor.