Mumbai, Oct. 17 -- In the high-stakes arena of global energy politics, Washington's decision to pull back on its aggressive tariff threats has handed India crucial macroeconomic breathing room, according Rajani Sinha.

Sinha, Chief Economist at CareEdge, told ANI on Saturday that while the tariff waiver provides comforting relief, India must remain cautious amid uncertainties in global trade dynamics.

Addressing the threat of steep US tariffs, Sinha noted that markets viewed the rhetoric primarily as a negotiating technique rather than an immediate structural threat.

"Up to 100% tariff that the US had threatened India with, we were not much concerned about it," Sinha said. "We viewed that more as a negotiating technique by the US".

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