Here are brokerage-wise reviews on the impact of Trump’s 50% tariff on India

Jefferies:

Says 50% tariff risks most of India’s $87bn US exports; compares impact to a trade embargo.

Morgan Stanley:

Estimates 80bps GDP hit; expects two rate cuts by RBI and more government spending.

Goldman Sachs:

Sees total GDP drag of 0.6pp but hopeful of a deal within three weeks.

Nomura:

Warns of sudden export halt; says low-margin sectors like textiles, jewellery will suffer most.

Emkay Global:

Predicts export crash, job losses, FPI selling; sees short-term pain, long-term resilience.

SBI Securities:

Calls it Trump’s negotiation tactic; expects eventual compromise.