‘Trump’s tariffs could shave off between 0.2-0.5 percentage points from India’s GDP growth’: FS Ajay Seth

India’s economic growth could be slashed by 0.5% due to US tariffs, according to Finance Secretary Seth. Speaking in Washington, Seth highlighted potential damage from indirect consequences, even as India aims for 7% growth in the next decade. The WTO forecasts a global trade slowdown, exacerbated by US policies and tensions with China.