US tariffs could drag down South Asia growth rate – World Bank
George Mihalcea
The multilateral institution has lowered its growth estimate for the region for 2026 from 6.4% to 5.8% Higher tariffs imposed by the US on imports from South Asian countries could slow down the economic growth rate in the region in 2026, the World Bank said in a report published on Tuesday. The multilateral institution has lowered its 2026 growth estimate for the region, which includes India, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives, from 6.4% to 5.8% US President Donald Trump
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