U.S. tariff impact: India sees Asia’s biggest earnings downgrades
Analysis by MUFG indicates that a continuous 50% tariff may cut India’s GDP growth in 1 per cent over time, with employment-sensitive areas such as the biggest hit for textiles. , Photo Credit: Getty Image/ISTOCKPhoto Indian companies have seen the highest earnings in Asia, enhancing the risk for American tariff growth with analysts’ forecasts, even…