The extra 25% US tariff on India for its continued economic ties with Russia, on top of the 25% tariff that took effect this week, would significantly dent India’s appeal as an alternative to China for the reconfiguration of supply chains if it proves permanent. But there are still opportunities for that tariff rate to come down in the weeks ahead.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services