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flag US tariffs on $8.1B of Indian exports, starting Aug 27, may lower India's GDP growth projections.

flag The US has imposed a 25% tariff on Indian goods, affecting $8.1 billion of India's exports, with a potential 0.19% impact on India's GDP. flag This tariff may reduce India's economic growth by 0.3 percentage points, and Goldman Sachs has lowered India's growth projections to 6.5% for 2025 and 6.4% for 2026. flag The tariff affects industries like engineering, electronics, pharmaceuticals, and textiles. flag Despite the challenges, India plans to diversify its export markets and improve its domestic economy.

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