Archive · 17 Nov 2025
US Seen Less Reliable Trade Partner, India's Growth Prospects Strong: S&P Economist
A top economist from S&P Global Ratings visited India and said that many countries now see the United States as less dependable for trade.
Because of this, countries like India are spreading their business and investment to different places to be safe.
The economist also said that India is the fastest-growing big emerging market, and its economy is doing very well.
He thinks India can keep growing between 6% and 7% for a long time.
This is seen as a great achievement, especially compared to how China used to grow.
He also mentioned that India is a bit of a closed economy, which helps it not rely too much on the US.
S&P Global Ratings economist Paul Gruenwald stated the US is now viewed as a less reliable trade partner.
Countries, including India, are diversifying trade and investment to hedge against global uncertainties.
Gruenwald highlighted India as the fastest-growing major emerging market with strong growth prospects.
He projected India could achieve a sustained growth rate of 6% to 7%.
India benefits from being a relatively closed economy, reducing its reliance on the US.
- Who
- Paul Gruenwald, global chief economist at S&P Global Ratings
- What
- Stated that the US is perceived as a less reliable trade partner and highlighted India's strong growth prospects, projecting 6-7% growth.
- When
- Last week (Gruenwald's visit to India) and projecting for the future
- Where
- India and globally
- Why
- To share insights on global economic outlook, trade shifts, and India's economic performance.
US Trade Policy
Global Trade Diversification
Reliability of the US as a Trade Partner
US Trade Policy
US tariffs and policies are leading many countries, including India, to perceive the US as a less reliable trade partner.
Global Trade Diversification
While the US tariff effects were not as severe as initially feared due to factors like exemptions and absorption by businesses, countries are diversifying trade and investment exposure as a hedge against uncertainty.
- S&P Global Ratings Economist
- Paul Gruenwald
- Perception of US Trade Reliability
- Less reliable than before
- Reason for Hedging Bets
- Diversifying trade and investment exposure
- India's Economic Position
- Fastest-growing major emerging market
- Projected India Growth Rate
- 6% to 7%
- China's Past Growth Strategy
- Mentioned as a comparison
