Amid Trump's tariffs and global economic slowdown, India warns of trade risks.

date
29/07/2025
The Indian Ministry of Finance stated that due to the ongoing uncertainty of US President Trump's tariff policy, India's trade performance may be affected in the coming quarters. The Ministry of Commerce said in its monthly economic report released on Monday that the global economic slowdown, particularly the slowdown in the US economy, may suppress demand for Indian exports. "The continued uncertainty of US tariffs may drag down India's trade performance in the coming quarters."