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Donald Trump Announces Tariffs On China, Canada & Mexico. Will Trump's Tariff Talk Impact India?

Donald Trump Announces Tariffs On China, Canada & Mexico. Will Trump's Tariff Talk Impact India?

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Nov 26, 2024,
  • Updated Nov 26, 2024, 5:52 PM IST

 

How Will Donald Trump’s New Tariff Announcement Impact Global and Indian Markets? Donald Trump has vowed to impose a 25% tariff on all goods entering the U.S. from Mexico and Canada, along with a 10% duty on imports from China. The move, he said, aims to curb illegal immigration and drug smuggling. Donald Trump's recent announcement of additional tariffs on China, Canda & Mexico has reignited discussions about its potential impact on global markets, especially in India. How will these new tariffs affect specific sectors like metals, IT, and oil? Could this policy shift favour Indian exports and provide a competitive edge? Will it fuel inflation in the US, creating ripple effects that could impact the Indian economy and markets? Business Today TV delves into these critical questions in an exclusive discussion with Kunal Rambhia, Founder of The Streets.

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