Raghuram Rajan Interview on US Economy | Power Breakfast (Part 2) | CNBC TV18

Former Reserve Bank of India (RBI) Governor, Raghuram Rajan on Tuesday spoke to CNBC about the global trade war and tariffs imposed by the US on some of the major world economies. “At this point the biggest risk is the combination of rising rates and some untoward action on trade,” Rajan told CNBC on the sidelines of a Nomura Conference. Rajan raised concerns over the emanating trade war and its repercussions on the world economy.“The great uncertainty is what happens with trade. If we have a trade conflagration in the next few months that could really hamper the global economy,” he added. Talking about India, Rajan said, “I do think there is benefit in India having a good relationship with China and vice versa because these are two big countries that can do a lot of activity of economic activity together. CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise. Subscribe to our Channel: https://goo.gl/hKwgtm Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   Website: http://www.moneycontrol.com/cnbctv18/