The US Trade War takes a new positive twist for the United States, as many countries are now positively responding to the tariffs of President Donald Trump. As the 90-day deadline for the President is approaching, countries like India and Malaysia have come up with a large tariff, hoping that President Trump will give up his tough attitude towards trade.
India's great concession on Trump's tariff
India and the US are currently negotiating. The Asian giant recommends zero-zero tariff of important goods. The listed goods include pharmaceuticals, car parts and steel. According to a Bloomberg reportBased on the zero rate on whether or not the US corresponds to the gesture. Trading volume is also the main factor placed by Indian delegates on the table.
President Trump announced 90-day pause On April 9, the tariffs, which have ended on July 8, 2025. Although time may be far away, macroeconomic negotiations generally take a long time and countries take the initiative in advance.
In addition to India, Malaysia has also demanded a zero tariff with the United States. Although it is still hopeful that a favorable transaction is achieved, the people have hardened their growth forecast based on their current trade uncertainty.
Almost every country develops a US camp transaction to normalize the current market outlook.
US Trade War: Impact on World Market
Hardly a quarter of the trade fiasco is a significant amount of global stock markets. Trump's tariff negotiations in the midst of the wider uncertainty, which again weighted in the market, has fallen significantly.
As of this article, the S&P 500 index has fallen to 0.29% to 5,670.41. Nasdaq composite also fell to 0.42% to 17,901.96 and Dow Jones's industrial average called 14.71 points to 41 302.72.
Risk -free investors are also not convinced of the market. The price of Bitcoin showed it 1.21% in 24 hours to $ 94,441.46. Trump's note a Lower tariff for ChinaThe wider market expectation will be raised.
China is the main yardstick to decide whether or not to progress in the US Trade War. As both countries raised tariffs in an unhealthy way, the impact on global inflation was still a major concern.
Especially Chinese have abandoned the tariffs of Etane products From the US, making a spectacular gesture that can shift the position of both countries. In general, market experts are monitored by the ongoing negotiations.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who enjoy writing about the actual applications and innovations of blockchain technology to control the general acceptance of evolving technology and global integration. His desire to educate people from cryptocurrencies inspire his contribution to well -known block chains and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow her on XTo do, LinkedIn
Obligations: The content presented may include the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication is not responsible for your personal financial loss.
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