India bets on policy agility to beat global supply chain woes: Sitharaman

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India bets on policy agility to beat global supply chain woes: Sitharaman - Business Standard

Quick Summary:

However, many economists and market experts have warned that these tariffs could lead to higher inflation in the US and possibly trigger a global recession.

However, the US administration offered a 90-day grace period before the new tariffs come into effect, giving countries (except China) that were willing to negotiate an opportunity for getting their tariff rates revised.

However, she added that India would "...navigate global disruptions with policy agility and long-term investments.