The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of ...

"India has shown resilience in the face of global headwinds. We need to build on our resilience to sustain growth," he said.

Mark Coombs, CEO of Ashmore Group, believes any serious global investor will need to have money in India within the next five years.

Trump said he was granting the two US neighbours a temporary exemption on tariffs that he imposed two days ago.