Donald Trump’s ‘Break From Reciprocal Tariff’ Announcement: Market Expert Ajay Bagga’s Take
Market expert Ajay Bagga believes that the Trump Reciprocal Tariffs, now expected to be less broad-based with multiple exceptions, have triggered a global relief rally. However, he notes that markets remain cautious, with April 2nd being a crucial date for global trade. As for India, Bagga suggests that while the country is benefiting from strong domestic factors and improving global sentiment, its trade relationship with the U.S. remains critical. Whether Trump will give India a break in trade policies or if negotiations lead to a more favorable deal remains to be seen, but it could significantly impact market sentiment.
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