Indian Economy Buffeted by Tariff Wars and Real Wars Even as there was relief in India over the long stalemate on tariffs ending and there being a lowering of tariffs to 25% from 50%, there has been no time to celebrate or even sign the final trade agreement with the US. Because, in the meantime, the US has decided to go to war with Iran along with Israel. This puts the entire world in danger from an economic standpoint, as well as increased uncertainty because the Middle-East War has already engulfed many countries around Iran in the region.

My thoughts on the Indian economy in the months ahead as trade and real wars take their toll.

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