Trump's doubling of tariffs, what will be the impact on Stock Markets?

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Viswasruti thumbnail

Union Budget 2025

Posted: 11 hours ago
#1

Trump Tariffs Live: Will India’s housing sector take a hit?

"At first glance, Trump's tariffs may seem like a setback for India's housing sector. If you look closer, the outlook, especially for affordable housing, still remains positive. Government subsidies continue to reduce the EMI burden for low-income households. Shifts in global supply chains could reduce costs of building materials, and rising employment opportunities in manufacturing and auto industry are helping consumers qualify for bigger home loans. While global trade may face disruption, India's housing dream remains intact, supported by strong domestic demand, policy support and robust industry frameworks,” says Atul Monga- CEO& Co-Founder, BASIC Home Loan.

MJ Akbar calls Trump’s policies "an exercise in power"

MJ Akbar, who previously served as Minister of State for External Affairs, expressed his criticism on Wednesday regarding US President Donald Trump's tariff policies, describing them as "an exercise in power" that would prove detrimental to America's interests in the near future.

He elaborated further by stating, "Trump's tariffs seem at the moment an exercise in power, but in the very short run, they will weaken America. They will weaken America because this is a policy of overkill. This is also a policy that shows that President Trump does not believe in friends. He believes in dependence. Prime Minister Modi has effectively challenged the economic imperialism of America. President Trump does not understand, I think, that while actions have consequences, language also hurts, language disrupts. The language that he has used in international diplomacy is not acceptable to the world. Prime Minister Modi has shown that he is not going to run to Washington to pay a flattery tax..."

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Viswasruti thumbnail

Union Budget 2025

Posted: 11 hours ago
#2

Finance Ministry warns of long-term risks from US tariffs

The finance ministry on Wednesday cautioned that while the immediate impact of US tariffs on Indian exports may be limited, their secondary and long-term effects could pose significant challenges.The remarks come as Washington’s 50% duties on Indian goods took effect from August 27, covering exports worth over $48 billion.

Viswasruti thumbnail

Union Budget 2025

Posted: 11 hours ago
#3

US Treasury Secretary on Trump’s 50% Tariff: 'At the end of the day, we will come together'

"At the end of the day, we will come together," a top US official said on Wednesday, striking an optimistic note even as trade tensions flare between Washington and New Delhi after US President Donald Trump imposed a 50% tariff on India over its Russian oil imports. In an interview with Fox Business, the US treasury secretary Scott Bessent said, "I do think India is the world's largest democracy and the US is the world's largest economy. I think at the end of the day we will come together."

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