Fitch Ratings, a leading global rating agency, has flagged caution over India’s economy due to the uncertainty surrounding the US tariff threat. The agency has warned that the imposition of tariffs by the US could have a significant impact on India’s trade and economic growth. The US has been threatening to impose tariffs on Indian goods, citing concerns over trade deficits and intellectual property rights. India has been trying to negotiate with the US to avoid the tariffs, but so far, no agreement has been reached. The tariffs could lead to a decline in India’s exports, which could have a negative impact on the country’s economic growth. Fitch has also warned that the tariffs could lead to a decline in investor confidence, which could have a negative impact on India’s economic growth. The agency has also expressed concerns over the impact of the tariffs on India’s fiscal deficit. The Indian government has been trying to reduce its fiscal deficit, but the tariffs could make it difficult to achieve this goal. The tariffs could also lead to a decline in India’s currency, the rupee, which could make it more expensive for India to import goods. This could lead to a rise in inflation, which could have a negative impact on the country’s economic growth. The Indian government has been trying to promote exports, but the tariffs could make it difficult to achieve this goal. The tariffs could also lead to a decline in foreign investment, which could have a negative impact on India’s economic growth. Fitch has also warned that the tariffs could lead to a decline in India’s economic competitiveness, which could make it difficult for the country to attract foreign investment. The agency has also expressed concerns over the impact of the tariffs on India’s trade relationships with other countries. The tariffs could lead to a decline in India’s trade with other countries, which could have a negative impact on the country’s economic growth. The Indian government has been trying to diversify its trade relationships, but the tariffs could make it difficult to achieve this goal. The tariffs could also lead to a decline in India’s economic growth, which could have a negative impact on the country’s poverty reduction efforts. Fitch has also warned that the tariffs could lead to a decline in India’s human development indicators, such as education and healthcare. The agency has also expressed concerns over the impact of the tariffs on India’s environmental sustainability. The tariffs could lead to a decline in India’s environmental sustainability, which could have a negative impact on the country’s economic growth. The Indian government has been trying to promote sustainable development, but the tariffs could make it difficult to achieve this goal. The tariffs could also lead to a decline in India’s social stability, which could have a negative impact on the country’s economic growth. Fitch has also warned that the tariffs could lead to a decline in India’s political stability, which could have a negative impact on the country’s economic growth. The agency has also expressed concerns over the impact of the tariffs on India’s institutional framework. The tariffs could lead to a decline in India’s institutional framework, which could have a negative impact on the country’s economic growth.