Trump’s 50% tariffs may cut exports to US by 60%, lower GDP growth by 1%, say analysts

Trump’s 50% tariffs may cut exports to US by 60%, lower GDP growth by 1%, say analysts

US President Donald Trump’s 50% tariffs may cut exports to the United States by 60% and lower Indian GDP growth for 2025-26 by up to 1%, according to various projections.

US President Donald Trump speaks after signing an executive order on creating a White House 2028 Olympics task force in the South Court Auditorium of the White House in Washington, DC, on August 5, 2025. (Photo: Brendan Smialowski/AFP)