90-day pause leaves trade outcomes unclear
Key questions remain on deals, tariffs, and China
Growth to dip from 3.3% (2024) to 2.8% (2025)
US, China growth projections cut sharply
India to grow at 6.2%, only slightly lower
Impact on India seen as limited for now
Trade growth falls to 1.7% in 2025
Supply chains and productivity at risk
US inflation up 100 bps
Markets face more volatility, Fed policy may shift
Early US trade deal key for India
Policy must watch global risks, seize chances