Moody’s says Trump’s 50% tariffs on Indian imports may slow GDP growth, hurt manufacturing goals, and unsettle investor sentiment.

• GDP growth could dip 0.3 percentage points from the 6.3% FY26 forecast due to higher trade barriers.
• Manufacturing, especially electronics, risks losing competitiveness as the tariff gap with Asia-Pacific peers widens sharply.
• Foreign investors pulled $900 million from equities in August, extending July’s $2 billion outflows amid trade tensions.