Economy Secondary, tertiary effects of U.S. tariffs on economy pose challenges: Finance Ministry report August 27, 2025 gopalkumarthakur@gmail.com Ongoing India-U.S. trade negotiations are critical in addressing these issues, including the secondary and tertiary effects of high tariff by the US on Indian goods, the monthly economic review released by the Finance Ministry said. Related posts: FM Sitharaman addresses GoMs, explains the importance of the Centre’s GST proposals GoM on rate rationalisation approves Centre’s two-rate GST proposal ‘At the end of the day, we will come together’, says Treasury Secretary Bessent on India-U.S. tariff issue Govt sets up committee to examine tax, export clearance issues of manufacturing sector