U.S. President Donald Trump's 50% tariffs on India may cut India’s GDP by 0.5%–0.6% this year.

• Chief Economic Adviser V. Anantha Nageswaran warned the U.S. tariffs could lower India’s GDP growth by nearly half a percent.
• Tariffs imposed by Donald Trump are expected to create significant economic pressure, reducing India’s growth momentum in the financial year.
• The impact depends on tariff duration, with estimates showing India’s GDP could shrink by 0.5% to 0.6% this year.