Failure to finalise US trade deal may hurt India, but new FTAs can cushion tariff blow: RBI chief
Reserve Bank of India Governor Sanjay Malhotra warned that failing to finalize a trade deal with the U.S. may negatively impact India's economy. He noted that recent free trade agreements and diversifying export markets could mitigate potential tariff shocks. The RBI will continue to monitor these developments closely as they unfold.