https://www.taxtmi.com/news?id=54102 High external tariffs imposed by the United States create temporary downward pressure on Indian growth by raising export costs and affecting exposed sectors; these measures are expected to impact the second quarter and possibly spill into the early subsequent quarter, while bilateral negotiations may resolve measures that could be short lived. Domestic mitigation through anticipated GST tax relief and stronger agricultural output from a good monsoon is expected to offset the tariff shock, supporting the services and farm sectors that drove recent quarterly GDP expansion and helping sustain overall growth momentum. en-us Sat, 30 Aug 2025 19:01:03 +0530 Sat, 30 Aug 2025 19:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54102 High external tariffs imposed by the United States create temporary downward pressure on Indian growth by raising export costs and affecting exposed sectors; these measures are expected to impact the second quarter and possibly spill into the early subsequent quarter, while bilateral negotiations may resolve measures that could be short lived. Domestic mitigation through anticipated GST tax relief and stronger agricultural output from a good monsoon is expected to offset the tariff shock, supporting the services and farm sectors that drove recent quarterly GDP expansion and helping sustain overall growth momentum. News - Sat, 30 Aug 2025 19:01:03 +0530 https://www.taxtmi.com/news?id=54102