Trump’s threat of up to a 500% tariff on India over Russian oil purchases has shaken markets,and it’s not small.
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The Nifty 50 plunged again, marking its steepest slide in months as investors panic over trade tensions and tariff fallout.
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What’s going on?
A U.S. bill would allow tariffs as high as 500% on nations buying Russian oil,and India is in the spotlight.
Trump has already slapped 50% tariffs on Indian exports tied to oil purchases,hitting exporters hard.
Business Standard
Markets don’t take tariff threats lightly. Nifty’s drop shows the real financial risk of geopolitical moves,tariffs are no joke.
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