Higher tariffs in India cut output 0.2%, the BIS model predicts a US output drop and inflation rise.

• India's output decline is modest, but tariff impacts amplify globally, stressing trade‑dependent economies across multiple sectors.
• BIS model uses multi‑sector trade analysis, showing ripple effects on world GDP and price levels.
• United States faces notable output contraction and inflationary pressure compared to the unchanged‑tariff scenario in 2025.