Albert Park, chief economist at the Asian Development Bank, is in India and sat down with TOI to speak on a range of issues from India’s growth to impact of Trump tariffs. Excerpts: How do you look at India against the backdrop of what’s happening geopolitically, especially the Trump tariffs? We’ve downgraded our forecast compared to April. India is now facing one of the highest tariff rates, 50%. Thankfully, services exports are not being targeted by the Trump regime, which is important for India. Exports going to the US that are subject to the 50% tariff are around 1.2% of India’s GDP. It’s not going to have a major effect on growth, which is why our downgrades are fairly modest. Our growth forecast for India is still quite robust, 6.5%. It’s the second highest growth for all c

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