How will economy be impacted if India-US trade deal doesn’t happen? RBI guv answers

 India-US trade dea: Asked about the possible impact on the economy if the India-US trade deal is not finalised, RBI governor Sanjay Malhotra said, “The impact depends on what extent tariffs are going to be applied. So it’s premature to answer. But obviously, it will have some negative impact. At the same time, we have had a number of trade agreements now in the recent past.” India-US trade dea: Asked about the possible impact on the economy if the India-US trade deal is not finalised, RBI governor Sanjay Malhotra said, “The impact depends on what extent tariffs are going to be applied. So it’s premature to answer. But obviously, it will have some negative impact. At the same time, we have had a number of trade agreements now in the recent past.”