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US tariffs to hit textiles, gems, MSMEs hard; GDP growth forecast cut to 6%: Nomura - The Economic Times
Source: Buzz FX / 26 Aug 2025 23:00:51 America/Los_Angeles
New Delhi: India’s economy faces significant risks from steep US tariffs, with export-heavy sectors such as textiles, gems and jewellery, food and marine products likely to bear the brunt, said Aurodeep Nandi, India Economist at Nomura.
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