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Fitch: Economic growth in these countries will decline if Trump wins

Fitch: Economic growth in these countries will decline if Trump wins

According to the agency’s worst-case scenarios, real GDP in the three countries in 2028 could be one percent or more lower than the agency’s current projections if US trade protectionism increases sharply.

As part of his electoral platform in the race for the White House, the former president presented plans to impose comprehensive customs duties ranging between 10 percent and 20 percent on almost all imports, in addition to customs duties of 60 percent or more on goods from China.

She said Fitch Increased trade tensions could have significant impacts on countries and companies that export goods to the United States. She said that India It will be relatively unaffected because it is less export oriented.



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