What will $500 bn of US imports mean for you?
As a consumer, several American goods and brands, including smartphones and food products, could be more accessible and cheaper.
For local businesses, there will be greater competitive pressure from US goods which could affect margins.
Rise in imports could weaken the rupee if exports don’t keep pace.
What’s in it for me?
- •As a consumer, several American goods and brands, including smartphones and food products, could be more accessible and cheaper.
- •For local businesses, there will be greater competitive pressure from US goods which could affect margins.
- •Rise in imports could weaken the rupee if exports don’t keep pace.