💨 Abstract

India, according to ASSOCHAM president Sanjay Nayar, is less impacted by the US tariffs announced by President Trump on April 2. Indian economy is more inward-looking compared to its Asian peers. Tariffs on India are 26%, lower than several other countries like China, Vietnam, and Japan. The tariffs create a favorable arbitrage opportunity for Indian exports, but there will be a realignment of intra-Asia trade.

Courtesy: theprint.in

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