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  • December 14, 2024
Donald Trump announces tariffs on China, Canada and Mexico. Will Trump’s tariff talk impact India?

Donald Trump announces tariffs on China, Canada and Mexico. Will Trump’s tariff talk impact India?

What impact will Donald Trump’s new tariff announcement have on global and Indian markets? Donald Trump has promised to impose a 25% tariff on all goods entering the US from Mexico and Canada, along with a 10% tariff on imports from China. According to him, the measure is intended to curb illegal immigration and drug smuggling. Donald Trump’s recent announcement of additional tariffs on China, Canda and Mexico has reignited discussions about its potential impact on global markets, especially in India. What impact will these new tariffs have on specific sectors such as metals, IT and oil? Could this policy change benefit Indian exports and provide a competitive advantage? Will this fuel inflation in the US, causing ripple effects that could impact the Indian economy and markets? Business Today TV delves deeper into these critical questions in an exclusive conversation with Kunal Rambhia, founder of The Streets.