Donald Trump Tariff on Canada Mexico – Trump’s tariff war … outcry from US to Asia, which side will the Indian market sit? – Trump Tariff on Canada Mexico Stock Market from Us to Asia Crashed Know What IMPACT will be seen on Indian share market tutc
America is going to put a strong tariff on Canada and Mexico from today and it was done a day before on Monday. Both these countries are going to TRUMP TARIFF of 25%. After the announcement of US President Donald Trump, there was a ruckus in the US stock markets. From Dow Jones to S&P-500, there was a big decline, while on Tuesday, the Asian markets have also declined a sharp decline, not only that gift Nifty is also trading on the red mark. Amidst these global signals, the Indian Stock Market can be seen in the Indian Stock Market on the second day of the week.
Canada, Mexico and China Trump targets
Donald Trump’s tariff war has caused stock markets around the world and it is going to start on Tuesday. Canada and Mexico are the first to target, not only the stock markets, but the curiosity of both countries, Peso and Canadian dollars have declined. On Monday, Trump targeted China (CHINA) while talking on Fentanile (drug) and said that US has failed to stop Fentenal’s shipment from China, so the tariff on all Chinese imports can be increased from 10 per cent to 20 per cent.
All red-red in US market
First of all, we say the condition of American markets, so on Monday, Dow Jones to S&P closed in the red zone. While Dow Jones fell by 1.48% to close at 43,191.24, on the other hand S&P slipped 1.76% and closed at 5849.72. Apart from this, talk about Nasdaq, this index declined by 2.64% or 497.09 points to 18,350.19.
Tariff, Indian market stunned by selling
The Indian stock market seems to be scared before Trump Tariff and the Sensex-Nifty is not able to manage due to the selling of FIIS on it. The process of major decline in the market is being seen from the last 9 business sessions. Despite the vigorous start on the last trading day, the stock market suddenly overturned and both the sensex-nifty had closed on the red mark.
The 30 -share Sensex of Bombay Stock Exchange was closed by 112 points. Now on Tuesday too, there are indications of Amangal in the market, while talking, selling foreign investors, then on Monday, he also withdrawn Rs 4,788 crore from Indian stock markets.
What is the economist saying?
Regarding the tariff war of Donald Trump, Inonomists say that Trump’s tariff on Canada and Mexico (tariff on Canada-Mexico) annuals is to cover American imports of over $ 900 billion and can lead to a serious shock for the North American economy. According to reports, 25% tariffs on Mexico and Canada will be imposed on $ 1.5 trillion goods annually. However, only 10% tariffs will be levied on Energy Import from Canada.
(Note- Be sure to consult your market experts before any kind of investment in the stock market.)
