August 27, 2025 12:53 PM
Trump tariffs likely to result in US GDP go down by 40-50 BPS: Report
As Indian exporters brace for the impact after additional 25 per cent US tariffs on key goods came into effect on Wednesday, reports said that Trump tariffs are likely to affect the US GDP by 40-50 bps by triggering inflationary pressures. The US inflation is expected to stay above the 2 per cent target through 2026, driven by supply-side effects of tariffs and exchange rate movement, according to a report by SBI Research. "The US is beginning to show signs of renewed inflationary pressure, dr...