23 Sep 2025 | 5 Mins Read
India's trade growth balance poses new challenges for emerging markets
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Sajjid Chinoy, Chief India Economist at JPMorgan, warns emerging markets face challenging growth models due to rising US tariffs, excess Chinese capacity, and automation. He says protectionism from the US could reach 17-18%, affecting export-led growth in emerging economies, but notes India's stability and potential for leveraging its labour advantage through reforms.