External risks from trade barriers remain, trade deal with US could boost exports, says Finance Ministry review

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External vulnerabilities from trade barriers, especially tariffs from the US, remain but a successful trade deal with the US could mitigate these risks and boost exports even as private investment remains cautious in the face of global uncertainty, the Ministry of Finance said in its monthly economic review for April on Tuesday. India has the potential to remain one of the most promising destinations for investment, amid global uncertainty, the Ministry said, adding that India continues to be the fastest-growing major economy despite a revision of growth rates amid rising global uncertainties and trade tensions. “As of April 2025, India...