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Trade war: Donald Trump's 50% 'penalty' tariffs threaten India's manufacturing goals, warns Moody's; GDP growth could slow by 0.3%

IndiaTimes Friday, 8 August 2025 ()
Moody's warns that US tariffs doubling to 50% on Indian goods, due to continued Russian oil purchases, could significantly hinder India's manufacturing ambitions and investment inflows. This may slow GDP growth by 0.3% in FY2025-26.
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