
NDTV
February 16, 2025 at 12:59 PM
India may witness some economic hardships amid US President Donald Trump's push for balancing bilateral trade with threats of reciprocal tariffs, warned Zoho founder Sridhar Vembu. He pointed out that amid Mr Trump's threats, India will soon need to increase its imports from America to balance the bilateral trade, which could put pressure on New Delhi's current account deficit unless domestic production ramps up quickly.
Read: https://www.ndtv.com/world-news/inflation-ahead-zoho-founder-sridhar-vembus-big-warning-as-trump-demands-reciprocal-trade-7723560
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