US tariffs likely to hit India's growth directly by as much as 0.5% points, says FinMin Secy

India is actively pursuing a trade agreement with the United States, even as the potential impact of US tariffs on India's GDP growth is estimated to be between 0.2% and 0.5%. Finance Secretary Seth anticipates the Indian economy to expand by approximately 6.5% this fiscal year. The Reserve Bank of India has also projected a 6.5% growth.