Tariff's storm will not be able to stop India's flight, despite Trump's pressure, big good news will be available soon

US President Donald Trump has announced a 25% tariff on Indian goods. In addition, he also said that there will be an extra fine on the purchase of oil from Russia. But there is a good news for India on the economic front. India is currently the fastest growing economy in the world. The IMF says that the economy of India will grow at a rate of 6.4 percent in the next two years. On the other hand, the world’s third largest and Europe’s largest economy is the recession in Germany’s economy. That is, India could soon become the third largest economy in the world after America and China. According to the data released on Wednesday, Germany’s economy fell 0.1% in the second quarter. US importers bought vehemently in the first quarter due to the possibility of raising rates. This increased the German economy by 0.3%. But due to strong purchases for several months, demand has fallen in America. Its impact was also seen on the economy of Germany. Investments in the country decreased in the second quarter of the second consecutive term, while consumption and government spending increased. Germany’s economy is the largest trade partner of the American in Germany. Last year there was a $ 278 billion trade between the two countries. The US imposed a 15% tariff on the European Union. But experts believe that this rate is likely to affect Germany the most. For this reason, Germany’s economy will continue to fight this year. The economy is expected to be stuck next year due to fiscal incentive. According to Forbes, the US is currently the world’s largest economy with $ 30.51 trillion. China ($ 19.23 trillion) is second and Germany (4.74 trillion dollars) is third. India is the fourth largest economy in the world with $ 4.19 trillion dollars. The International Monetary Fund (IMF) recently raised the estimate of the economic growth rate of India. It is said that the economy of India will grow at 6.4%by 2025 and 2026. China’s economy is estimated to grow by 4.8% in 2025 and 4.2% in 2026. The US economy will grow at a rate of 1.9% in 2025 and 2.0% in 2026. Share these story marks