Amidst ongoing trade negotiations, President Trump hints at potential 20-25% tariffs on India, while deals with the EU and Japan set precedents. Uncertainty looms over China’s trade situation, with possible tariff escalations. Simultaneously, sanctions on Russian oil buyers threaten market disruptions, and the upcoming FOMC meeting faces a complex economic outlook due to tariffs and fluctuating data.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets