Will GST rate cuts help counter Trump’s 50% tariffs? India’s GDP growth may even go up; here’s why

India, the world’s fastest growing major economy, is preparing to bear the brunt of US President Donald Trump’s trade war and 50% tariffs. In this backdrop, the Goods and Services Tax (GST) rate cuts couldn’t have come at a more opportune time.While FM Nirmala Sitharaman has clarified that the GST rate cuts had been in the works for several months, and the announcement is unrelated to US tariffs,…