India's Domestic Focus Shields Economy Amid New Tariffs
Published on: Aug. 2, 2025, 6:59 p.m. | Source: Devdiscourse
India's economy, less dependent on exports and driven by domestic consumption, faces new US tariffs but remains resilient. Bank of Baroda Chief Economist Madan Sabnavis noted the nation's robust service export sector and stable economic predictions despite potential impacts on specific industries due to reciprocal tariffs announced by President Trump.
