24 May 2025, Sat

Global Stock Market: Reciperochl tariffs installed from the American side are seen having a direct impact on the Indian markets. The global market is seeing a huge decline after Trump’s announcement of tariffs on countries around the world, including 26% over India. It also has a widespread impact on Asian markets. The 30 -share BSE Sensex today opened at a decline of about 500 points. Whereas it closed at 76,617 on Wednesday a day earlier.

Similarly, in NSE’s Nifty-50, it is also opened at 23,150.30 with a decline of 200 points. A day before this, the Nifty was closed on the 23,332 index on Wednesday.

Trump has approved its decision to impose reciperook tariffs on more than 180 countries around the world, after which the shares of IT companies are seeing a decline. As soon as the market opens, the shares of TCS, Tech Mahindra and HCL Tail have fallen by 25 percent.

Japan’s Nikkei declined by 2.5% i.e. 225 index, while Hong Kong’s Hong Seng index has fallen by 1.80%. Similarly, South Korea’s KOSPI IDEX has fallen by 1.3%.

In fact, on Wednesday, Trump has announced to put reciperook tariffs on countries around the world. 34%on China, European Union: 20%, South Korea: 25%, India: 26%, Vietnam: 46%, Taiwan: 32%, Japan: 24%, Thailand: 36%, Switzerland: 31%, Indonesia: 32%, Malaysia: 24%, Cambodia: 49%, Cambodia: 49%, United Kingdom: 10%, South Africa: 30%, Brahmil: 10%, 10%, Bangladesh: 37%, Singapore: 10%. Israel: 17%. Philippines: 17%, Chile: 10%, Australia: 10%, Pakistan: 29%, Turkish: 10%, Sri Lanka: 44%, Colombia: 10%tariff.

President Trump said that India’s business trek has been very tough about America. He cited PM Modi and said that he is our good friend, but I told him- you are our friend, but you are not behaving well with America. They are charging 52% on us. You have to understand that we did not charge anything for many years and decades. And this happened when I came to American power seven years ago and started it on China.

In his address to the White House, Trump said- My American colleagues, this is the liberation day which was waiting for a long time. On 2 April 2025, the US industry will be re -remembered for rebirth, after which the US -rich campaign was again started. Trump further said that the taxpayers had been cheating for more than 50 years for a long time. But now it is not going to be further. The board, led by Trump, decided to impose 52% US tariffs on India and the duskated recipe will be imposed 26%.

Also read: From medicine to steel and jewelery …, how is the impact of 26% discounted recipe of America on India?

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