US tariffs accelerate global trade realignment: How India’s FTAs could boost GDP
India's free trade agreements (FTAs) could boost GDP by $140 billion by 2035, according to a Bloomberg report. The agreements may help India access new markets, lower import costs, and attract foreign direct investment as global trade realigns due to rising US tariffs, which have increased from 2.3% in 2024 to 10.7% in August 2025.