Rapid Summary
Indian Opinion Analysis
The potential ripple effects of tariffs,such as declining international trade or reduced global GDP growth,are relevant for India due to its role in the global supply chain and export-oriented sectors like IT services and manufacturing. India’s economy is sensitive to external shocks stemming from interlinked markets.A risk of recession in major economies could notably affect India’s exports volume or foreign investments inflows. Sustained vigilance over geopolitical shifts is necessary for ensuring resilient policies in such scenarios.