ReferIndia News 50% tariffs on India to blowback on Trump? US GDP could shrink 40-50 bps, inflation to flare: SBI report

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50% tariffs on India to blowback on Trump? US GDP could shrink 40-50 bps, inflation to flare: SBI report

Published on: Aug. 27, 2025, 10:55 a.m. | Source: Times of India

India Business News: State Bank of India's analysis suggests that the recent US tariffs on Indian goods could negatively impact the American economy. The report projects a

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