Rajan: US tariffs hike a self goal; impact on India will be smaller
Former RBI governor Raghuram Rajan describes the US's imposition of reciprocal tariffs on around 60 countries as a 'self goal', suggesting the US economy will suffer the most initially. While India will experience smaller direct effects, there could be disinflationary impacts and increased exports from countries like China to India.
Former RBI governor Raghuram Rajan describes the US's imposition of reciprocal tariffs on around 60 countries as a 'self goal', suggesting the US economy will suffer the most initially. While India will experience smaller direct effects, there could be disinflationary impacts and increased exports from countries like China to India.
