2025-04-03 05:20:21 pm | Source: Avener Capital
Quote on Donald Trump`s Tariff announcement from Mr. Abhishek Kumar - Executive Director at Avener Capital
Below the Quote on Donald Trump`s Tariff announcement from Mr. Abhishek Kumar - Executive Director at Avener Capital
"The US President Donald Trump's move to impose sweeping new tariffs targeting multiple nations has rattled the global markets. However, with key details yet to be disclosed, the full impact remains uncertain, requiring a wait-and-watch approach. Notably, critical sectors like power equipment, energy, and pharmaceuticals, which are vital to India’s economic growth, have been exempted. Most economists believe that the impact of US tariff reciprocity on Indian exports would be relatively limited, with an estimated decline of around 3 to 3.5%, and India’s strategic focus on export diversification, value addition, and tapping into alternative markets—along with the development of new trade corridors from Europe to the US via the Middle East—will help mitigate some effects of these new tariffs."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
India`s economy remains resilient amid spike in glob...
9 non-agri indicators show improvement in April-May;...
Centre approved Rs 417 crore electronics manufacturi...
Quote on MSME Day Story by Mr. Dhiraj Jha, CEO of Sa...
FIIs stood as net sellers in equities as per June 25...
Cabinet okays Rs 5,940 crore revised Jharia Master Plan
CDSL, IIM Mumbai join hands to use data analytics fo...
MOSt Market Roundup : Nifty index opened gap up by m...
Special Olympics Celebrates One Year Countdown to 20...
PLI scheme: Piyush Goyal calls for export competitiv...
More News
Union Budget 2025 Eases Tax Burden, Boosts Housing Market Growth by Mr. Kaushal Agarwal, Cha...
Quote on RBI Cuts Repo Rate by 50 bps and CRR by 100 bps by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) ...
Quote on Real Estate Sector- RBI MPC's decision to Cut the Repo Rate by Mr. Akash Khurana, President and CEO, Krisumi Corporation
Indian Companies Strengthening Market Position & Export-Led Growth by Kenneth Andrade, Old Bridge Capital Management