India’s Finance Secretary, in a recent address in Washington, raised concerns about the potential impact of US tariffs on the country’s economic growth. According to the official, India could face a reduction of 0.5% in its economic growth rate due to these tariffs. This comes at a time when India is striving for a growth rate of 7% in the upcoming decade. The warning from the Finance Secretary comes in the backdrop of a forecast by the World Trade Organization (WTO) of a global trade slowdown, which is being further exacerbated by the trade policies of the United States and the ongoing tensions between the US and China. The escalating trade tensions between the two global economic powerhouses have created a ripple effect, impacting economies worldwide, including that of India. The Finance Secretary emphasized the need for proactive measures to mitigate the potential risks posed by these external factors and ensure sustainable economic growth for the country. As India navigates through this challenging economic landscape, policymakers are closely monitoring the evolving global trade dynamics and formulating strategies to safeguard the country’s economic interests in the face of these uncertainties.