New U.S. Tariffs on Indian Exports and Global Risk Warnings: India has announced that 55% of its exports to the United States

will be subject to doubled tariffs following recent decisions by U.S. President Donald Trump’s administration,
amid concerns over the potential impact on trade exchange and economic growth.
At the same time, Bank of America revealed that the trade war remains the biggest threat to global markets,
followed by inflation risks, amid escalating economic and geopolitical tensions among major powers.

Contents

India

Bank of America

India: Over Half of Our Exports to the U.S. Will Be Subject to Tariffs After Trump’s Decisions

The Indian government announced on Monday that about 55% of its goods are exported.
The United States will be subject to tariffs recently imposed by U.S. President Donald Trump’s administration.

During a parliamentary session, a representative from the Ministry

of Finance explained that the government had considered the previous 25% tariffs.
The representative noted that the Ministry of Commerce is currently holding consultations with exporters and industrialists
to assess the impact of the additional duties on the sector.
The decision came after Trump imposed an additional 25% tariff on Indian imports.

Last week, New Delhi’s continued purchases of Russian oil raised the total tariffs on Indian exports to the U.S. market to 50%.
Trade between the United States and India was valued at around $87 billion last fiscal year.
Still, observers warn that escalating trade tensions could negatively affect both countries’ trade flows and economic growth.

Bank of America: Trade War Tops Global Market Risks, Inflation Ranks Second

Bank of America revealed in its latest survey of global fund managers that the trade war
remains the biggest threat to markets,

with 29% of participants viewing it as the primary risk to the worldwide economy.
>The report noted that rising tensions among major economic powers,
especially between the United States and China,

are fueling investor concerns about slowing global growth and disruptions to supply chains.
>Inflation concerns came in second place at 27%,

amid worries about persistent price pressures and rising production costs,
which could prompt central banks to tighten monetary policy faster.

Bank of America pointed out that these dual risks are reinforcing caution among fund managers despite
The substantial gains recently recorded by markets await geopolitical developments

and economic data to determine the next direction.

New U.S. Tariffs on Indian Exports and Global Risk Warnings

New U.S. Tariffs on Indian Exports and Global Risk Warnings

Related Topics