March 28, 2025 4:25 PM
India least exposed to US tariffs due to domestic demand strength: Morgan Stanley
India and Japan are the least exposed economies to US trade tariffs due to their strong domestic demand, a Morgan Stanley report said on Friday. The report highlights that the ratio of goods exports to GDP is a crucial metric in assessing an economy’s trade dependence and potential exposure to global trade policies. “The ratio of goods exports to GDP is the most important metric as it determines the extent of trade orientation of an economy. This allows global research firms to assess which...