The 50 per cent US tariff on Indian goods pose a downside risk to growth but the impact is expected to be short-lived for the economy, and consumption demand could see an uptick after the new goods and service tax (GST) rates are implemented which could even offset the external uncertainty, Chief Economic Advisor (CEA) V Anantha Nageswaran reckoned on Friday.
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on Sat, 30 Aug 2025 14:30:48 +0530
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Tags: Impact of 50% US tariff would be concentrated in Q2: CEA Nageswaran