Geopolitical Risks

CRISIL Report: Surplus in Services Trade and Remittances May Shield India from U.S. Tariff Hikes

A recent report by CRISIL suggests that India’s strong surplus in services trade and robust remittances inflow could help mitigate the potential impact of proposed U.S. tariff hikes under President-elect Donald Trump. While these tariffs pose risks to India's export sector, the report highlights several factors that may provide resilience...