Donaldtrump
Nifty 50 | Is it our turn after China ?Donald Trump has said that India is a very high tariff(tax) country.
He would like to have a reciprocal tax on India.
he said " India is a very high tariff country. They charge us a hundred, so we also want to charge them at list 25%".
My viewpoint
It's looking like Trump's plan is to target growing economies like China and now India. The market will show a reaction to this news.
Article link :
economictimes.indiatimes.com
Dollar Index Weekly Supports proved to be quite determined in producing a strong recovery. However the rally now has tread into median line resistance and this could now hold back further strengthening next week and push the DX into a range until 94.30 is surpassed.