India Needs to Dodge the Trump Tariffs

With domestic growth losing steam and the US offering a vital export outlet, Modi aims to keep India out of Donald Trump’s tariff crosshairs. India’s sweeteners—from trimming duties to buying big-ticket American weaponry—are all designed to appease a president who has slammed New Delhi’s trade practices in the past. Once that hurdle is cleared, officials at home can shift focus to a familiar challenge: reviving flagging consumption through tax cuts and a likely interest rate reduction, even as the rupee wavers and fiscal space narrows.

This content is for members only.
Subscribe!
Already a member? Log in here