Economy · India
US Tariff Threat Could Impact India's Inflation and CAD, Says CareEdge
A 100% US tariff threat could exacerbate India's inflation and Current Account Deficit (CAD) pressures, according to CareEdge. Analyst Gupta stated that if India must reduce its reliance on Russian crude oil amid disruptions in the Strait of Hormuz, global oil supplies could face severe strain. This scenario might push crude oil prices above $100 per barrel.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): The Hindu BusinessLine, The Tribune