In today’s episode of India Global, World stocks plunged on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting interest rates as early as May. Donald Trump has brushed off the market turmoil caused by his sweeping tariffs, likening the measures to medicine as panicked investors continued a massive sell-off of global stocks. Digging in on his so-called “reciprocal tariffs”, Trump said he would not back down unless other countries balanced their trade with the US. The US president said he had spoken with many foreign leaders over the weekend who were “dying to make a deal”. NDTV’s Rica Roy and NDTV Profit’s Neerah Shah speaks to emerging markets expert Geoffery Dennis to discuss this and more.
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