If Trump comes to power, the worst-case-scenario is terrible for India & world: Swaminathan Aiyar

July 22, 2024

Swaminathan Aiyar foresees a possible Trump win leading to 10% global tariffs, 60% on China, sparking a trade war. EU and Modi could retaliate. Trump might cut NATO funding, ban H1B visas, ignore Taiwan, prosecute Biden officials, and cause US chaos. Congress and courts could limit actions. Rate cut expectations persist.

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Vedanta may fall further; M&M, JK Paper are top buys for this week: Anand James

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