The India-US trade imbroglio continues. While all eyes are on August 7, the new date from which the 25% Trump tariff will be applicable, SBI Reseach has come out with a bold statement. They have said that this current salvo of tariffs plus penalty from US President, Donald Trump is a “bad business decision.” Moreover, they believe “the impact on the US will be worse compared to India with a lower GDP, higher inflation, and a weaker dollar.”
