Investment guru Chris Wood criticizes US President Donald Trump’s tariffs on India and Brazil. He describes the US approach as “xenophobic autarky.” The tariffs, including a 50% penalty on India, are seen as detrimental. Jefferies analyst warns that a large portion of India’s exports to the US are at risk. Goldman Sachs anticipates a hit to India’s GDP growth.
Xenophobic autarky! Jefferies’ Chris Wood on 50% tariff against India
by ET Markets | August 8, 2025 3:05 pm | Indian Stocks, Market, News