{"id":7766,"date":"2025-08-27T03:48:42","date_gmt":"2025-08-27T03:48:42","guid":{"rendered":"https:\/\/unionmirror.com\/?p=7766"},"modified":"2025-08-27T03:48:42","modified_gmt":"2025-08-27T03:48:42","slug":"make-and-spend-in-india-modis-call-as-u-s-tariffs-hit","status":"publish","type":"post","link":"https:\/\/pappusaha.com\/euronews24\/make-and-spend-in-india-modis-call-as-u-s-tariffs-hit\/","title":{"rendered":"Make and Spend in India: Modi\u2019s Call as U.S. Tariffs Hit"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Trump\u2019s Tariffs Shake Indian Exports<\/h2>\n\n\n\n<p>The Trump administration has imposed a sweeping 50% tariff on Indian exports, effective August 27, disrupting industries that supply textiles, gems, shrimp, and more to American consumers. Economists warn the move could significantly impact millions of livelihoods and strain ties between the world\u2019s largest and fastest-growing economies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Modi Pushes Self-Reliance and Consumption<\/h2>\n\n\n\n<p>Prime Minister Narendra Modi has urged citizens to embrace <em>Swadeshi<\/em> \u2014 goods made in India \u2014 and increase domestic spending. Speaking at Independence Day celebrations in New Delhi, he emphasized self-reliance \u201cout of pride, not desperation,\u201d calling on small businesses to display \u201cMade in India\u201d signs as a symbol of resilience against global protectionism.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tax Reforms Aim to Boost Growth<\/h2>\n\n\n\n<p>To counter economic headwinds, Modi\u2019s government is rolling out fiscal stimulus. After a $12 billion income tax cut earlier this year, officials are preparing a simplified two-tier goods and services tax (GST) system, expected to free up around $20 billion for consumers. Analysts say the reforms, combined with lower interest rates and upcoming public-sector salary hikes, could spur demand in sectors like scooters, garments, and housing materials, helping sustain growth despite trade tensions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump\u2019s Tariffs Shake Indian Exports The Trump administration has imposed a sweeping 50% tariff on Indian exports, effective August 27, disrupting industries that supply textiles, gems, shrimp, and more to American consumers. Economists warn the move could significantly impact millions of livelihoods and strain ties between the world\u2019s largest and fastest-growing economies. Modi Pushes Self-Reliance<\/p>\n","protected":false},"author":1,"featured_media":11225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-7766","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/posts\/7766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/comments?post=7766"}],"version-history":[{"count":0,"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/posts\/7766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/media\/11225"}],"wp:attachment":[{"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/media?parent=7766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/categories?post=7766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pappusaha.com\/euronews24\/wp-json\/wp\/v2\/tags?post=7766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}