US tariffs temporary setback for India, will lead to hyperinflation in America, says Raymond chairman Gautam Singhania

Gautam Singhania, chairman of Raymond Group, has termed US President Trump's trade policies as a "dangerous game," predicting hyper-inflation in the US due to rising import costs. He believes the tariffs are a temporary setback for India, advising businesses to seek new markets. Singhania lauded the government's GST rationalization, expecting it to boost consumption and benefit companies like Raymond.

from News-Economic Times https://ift.tt/ia0ncVh