Trump Feud Rattles India Markets, Investors as Country Tries to Compete with China

Trump feud rattles India markets, investors as country tries to compete with China

US President Donald Trump’s trade feud with India could imperil the country’s stock market as it struggles to catch up to China, analysts said. India’s index is on track for its largest annual underperformance since 2017 compared to its Chinese counterpart, Bloomberg wrote, and the gap between the countries’ markets has reached $6.3 trillion. Investors had seen India as a new growth engine and an alternative to China, but now feel rattled by Tru…

India-US Tariff War: India's strong reply to Trump! Up to 50% tariff will be imposed on American goods

India-US Tariff War: India has started preparing for retaliation after the US imposed heavy import duties of up to 50% on Indian steel, aluminium and related products. According to a recent report by Money Control, the Indian government is considering imposing tariffs on select US products in proportion to the losses suffered by Indian exporters. If taken, this move will be India's first formal response to President Donald Trump's tariff policy.…

JIH chief Syed Sadatullah Husaini calls for a balanced foreign policy and a negotiated ‎resolution of tariff dispute with the US‎

India Tomorrow NEW DELHI: The President of Jamaat-e-Islami Hind (JIH), Syed Sadatullah Husaini, has ‎expressed deep concern over the recent announcement by US President Donald Trump to ‎impose an additional 25% tariff on Indian imports, raising the total tariff rate to 50%. He described the decision as unwarranted and selectively punitive towards India, noting that it is detrimental not only to the Indian economy but also to the US economy and t…