US tariffs can trim up to 0.5 percentage pts off of India's GDP: Finance Secy
US President Donald Trump-led government's imposition of reciprocal tariffs could shave off between 0.2-0.5 percentage points from India's GDP growth, Finance Secretary Ajay Seth said on Wednesday. "Now there is sign of that...we grow about 6.5% in current year," he said. He added that he expected potential growth rate of around 7% could be achieved over the next decade.