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Trump's 25% Tariff on Indian Goods May Cut India's GDP Growth by 0.4%

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by Giorgi Kostiuk

2 hours ago

On August 5, 2025, U.S. President Donald Trump announced a 25% tariff on Indian goods, marking a significant shift in U.S.-India trade relations.

Economic Consequences of the Tariff

Trump's announcement of a 25% tariff on Indian exports will impact a market worth $64 billion. This is expected to lead to a reduction in India's economic growth rate by 0.4%. However, the Reserve Bank of India maintains a growth forecast of 6.5%, suggesting possible resilience in the economy.

Market Data and Potential Implications

Bitcoin's current market cap stands at $2.28 trillion, with a price of $114,353.19. Over the last 90 days, Bitcoin has seen a 15.02% increase, reflecting high sensitivity to geopolitical changes. Market adjustments may arise from the tariff implementation, including shifts in commodity prices and capital flows.

Quotes and Comments

None

Conditions reflected in large and persistent annual U.S. goods trade deficits constitute an unusual and extraordinary threat to the national security and economy of the United States.Donald Trump, President of the United States

The introduction of a 25% tariff on Indian goods by Trump raises significant questions about the future of trade relations and their impact on the economies of both countries. Market shifts could heavily influence financial assets, including cryptocurrencies.

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