The flip-flops on Trump’s tariff policy have led to a wave of dollar-selling. Stronger Asian currencies & weaker dollar will help address US’ trade imbalances with Asia.
With the US effectively shutting its doors, the fear is that a cornered China will dump even more aggressively and flood other markets. India must brace for impact.
International media also narrows in on role US could play in mediating the situation, highlighting that it could leverage a $397mn exemption in foreign aid cuts to Pakistan this year.
Trump’s threats ignited a wave of patriotism that swelled support for Liberal Prime Minister Mark Carney, a political newcomer who previously led two G7 central banks.
The growth projections for the US seem to be at odds with rising probability of recession put out by various agencies. Tariffs may weigh on US & China the most.
Trump has expressed optimism about reaching a tariff agreement ‘pretty quickly’, while Xi said that tariff & trade wars undermine the legitimate rights and interests of all countries.
In Jaipur, Vance rejected claims Trump sought to start a global trade war, characterising the tariffs announced earlier this month as an effort to 'rebalance' global trade.
A relatively newer player in Indian brokerage space, Gurugram-based INDmoney is the 11th largest firm in the country & the fastest growing, according to NSE.
New Delhi’s studied silence on all things Trump shows how India’s multi-alignment has long ceased to be evenly distributed. It now exists mostly for internal political messaging.
The 'ghuspaithiya' narrative is being whipped up precisely when illegal immigration has actually diminished. Like most BJP-RSS ideas, it’s just an unimaginative Right-wing trope.
With non-leather products driving global footwear demand between 2020 and 2024, India’s global market share stood at 1.85% in 2024, says a NITI Aayog report.
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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