Donald Trump Announces 26% ‘Discounted’ Reciprocal Tariff On India: How Could It Impact The Indian Stock Market?
Donald Trump’s Reciprocal Tariff Fear Looms, U.S. Indices Respond With ApprehensionUS President Donald Trump ‘Liberation Day’ announcements have spooked the Asian markets, with Tokyo's Nikkei index and Australian shares opening in the red. The Indian stock market is also expected to give negative reaction, as reflected in Gift Nifty's 1.5 per cent drop. The sweeping Trump tariffs affect all major US trading partners - US President imposing a 34% tax on imports from China and 20% on the European Union, among other nations.In response to Trump's tariff announcements, the Dow...