Despite evolving US-China-India tariff dynamics, markets remain largely unaffected, according to Mark Matthews of Julius Baer. He emphasizes that earnings, particularly in India, are crucial, with high single-digit growth needed to justify current valuations. While a US-India trade deal faces hurdles regarding agricultural access, tariffs’ overall impact on GDP is deemed limited.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets