Business

How New US Tariffs Could Revolutionize Manufacturing and Consumption

US Tariffs: A Catalyst for Growth?

Stephen Schwarzman, Chairman & CEO of Blackstone, shares insights on how the new tariff regime in the US could potentially boost manufacturing and increase American consumption demand. According to Schwarzman, this shift could lead to significant growth in the US economy, benefiting not just the country but the world at large.

‘Tariffs may boost US manufacturing & consumption’

India's Strategic Position in Tariff Talks

Schwarzman highlights India's advantageous position in ongoing tariff negotiations, noting the country's proactive adjustments and the potential for favorable outcomes. He emphasizes the importance of infrastructure investment and project completion in India, pointing out the challenges in coordination between central and state governments.

Blackstone's Ambitious Plans for India

With over $1 trillion in assets globally, Blackstone aims to double its investment in India to $100 billion. Schwarzman expresses optimism about India's economic growth, citing the country's status as the fastest-growing major economy and its manageable challenges compared to other markets.