India insulated from US market downturn, says Geojit

Geojit Financial Services reports that India is largely insulated from potential downturns in U.S. markets, despite rising tariffs and trade tensions. The U.S. has increased tariffs on Chinese imports, which has led to retaliatory measures from China. The U.S. economy faces challenges, including rising unemployment and inflation, while the Federal Reserve maintains higher interest rates. In contrast, European and Chinese markets are performing better due to supportive government measures. India is pursuing a Free Trade Agreement with the U.S. to enhance trade relations. With low goods trade and strong services exports, India is positioned to benefit from future growth despite global economic uncertainties.