Donald Trump’s new tariff threats are adding volatility to global stock markets, putting pressure on India. With higher tariffs on U.S. goods, various sectors, including automobiles and pharmaceuticals, face challenges. India’s diplomatic approach aims to reduce potential retaliatory measures, with potential adjustments in tariffs and trade policies being considered.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation