India, Trump and 25 percent tariff
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By Pranoy Krishna and Vivek Mishra BENGALURU (Reuters) -Pressured by U.S. tariffs and foreign investor outflows, India's stock markets will manage to eke out only modest gains by year-end, according to a Reuters poll of equity analysts who have pushed back their forecast for a new record high to 2026.
Former NSA John Bolton criticized Trump’s tariff decisions, warning they are “destroying decades of effort” to build trust with India.
Economist Jeffrey Sachs torched Senator Lindsey Graham on Breaking Points, branding him “the worst senator in the US Senate” and “just a fool,” while slamming Trump-era tariffs on India as “the stupidest tactical move of US foreign policy for a long time.”
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,
Amid US President Donald Trump's unpredictable foreign policy, Asian giants — India and China — are cautiously strengthening ties by staging a series of high-level bilateral visits.
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India Today on MSNStupidest tactical move...: Economist Jeffrey Sachs blasts US over India tariffs
Sachs described the tariffs as a foreign policy blunder with far-reaching consequences. "The imposition of the 25% penalty tariff on India… what it did overnight was unify the Brics countries as never before,
The U.S. in July imposed a punitive 93.5% tariff on import of graphite anode materials from China, creating an opportunity for India's Epsilon to break Beijing's monopoly on supplies of the key battery component.