Price from April 2 … How will the GDP and the trade in India be affected, what do global agencies say? – World rating agencies say about the reciprocal impact of India prices from April 2 Tutd

US President Donald Trump announced a rate on India. Everyone is waiting for how many prices will be taken in India on April 2, from Dalal Street to Mint Street, from the conference room to political corridors. Donald Trump said on several occasions that India imposes the most prices compared to other countries. In such a situation, it is said that America will also put the same price on India.

According to the World Trade Organization (WTO), the price will be 12% in 2023-24, while it will be 2.2% for the United States. On March 19, in an interview with Breetbart News, US President Donald Trump said I think India would probably reduce these prices to a large extent, but on April 2, we will charge the same price on their part. In such a situation, what effect will it have on India? Know what world agencies say about it.

What does S&P say global?
The new report has been introduced by S&P Global, which stipulates that a strong economy and less contact with the United States protects India from the effects of the Trump price. The indirect limited rate is likely to have an impact, because the export sector of India is only 10th of its GDP.

However, there may be an interruption in certain regions. S&P has declared in a report that India reduces lower contact rates with America, but can affect the country’s steel and chemical sectors. The rating agency said most of the Indian companies obtained by rating can withstand the temporary recession on income.

Fittch said India
Fitch confirmed its estimate of 6.5% GDP growth for India during the year 2025-26. However, he warned that “American trade policies that are more aggressive than expected may have a great risk of development forecasts. According to Fitch, Business Faith remains more and the investigation into loans shows that the private sector continues to grow two figures in the banking loan and said that India is somewhat intact by American tariff action, because its dependence on external demand is low.

What does the Moody’s report say?
The marks of Moody’s said in a report that automotive, steel, chemical and commercial service companies are the most victims of American prices in South and Southeast Asia, which could reduce demand and increase costs. However, the rating agency said that mining, oil and gas, shipping, investment portfolio companies and areas like proteins and agriculture are best suited to resist this purpose.

The report indicates that in the case of steel and chemical companies, the direct impact of tariff measures proposed by the United States will be very low, but this will send the excess of steel and petrochemicals to other markets, including Asia, which will further increase high supply in the region. This will weaken the prices and, therefore, the benefits of these companies will be reduced.

IT companies are better placed to resist the increase in cost. Moody’s also says that Reliance Industries, which exports approximately half of its production from its petroleum segment to chemistry. It will probably have an indirect effect on India.

Negative impact on development
Goldman Sachs estimated that Trump’s price will obtain Indian GDP a shock from 10 to 60 base points. Goldman Sachs said in his report: “India’s gross export to the United States is the lowest among its emerging market colleagues at around 2.0% of GDP. However, in terms of global prices on all countries in the United States, India’s internal activity risk for final demand in the United States will be almost double the risk for the United States through exports from other countries and, therefore, the growth effect of potential interior GDP would be 0.1 to 0.6 percentage points.

The Goldman Sachs report says that the United States can impose prices on India in three ways. Depending on the average tariff difference on all products imported from India, non-tariffs can be applied to each product by applying a rate equal to the tariff of India or administrative obstacles, import licenses, etc.