Stock market today: The Indian domestic market has been alerted by US President Donald Trump’s announcement of the new tariff to be imposed on 14 countries from August 1 and the early trade deal with India. On the second trading day of the week, on Tuesday, 8 July 2025, a 30 -point Sensex on BSE has opened with a decline of 90 points. Whereas, the Nifty on NSE is also doing business by going below 25,500. Pharma sector shares are seeing a decline. However, Kotak Bank shares have seen a rise of 3 percent.
US market declines
The new announcement of President Donald Trump on the tariff did not like the US market. Dow Jones Industrial Average fell 0.94 percent after the announcement of a new tariff from 14 countries, ie August 1, 2025 over 14 countries, including Japan-South Korea. Whereas, Nasdaq Composite has seen a decline of 0.92 percent, S&P-500 0.79 percent.
However, if we look at the Asian market, then mixed business is visible here. While Nikkei of Japan jumped 0.21 percent, South Korea’s cospy 1.13 percent, ASX 200 also 0.21 percent and Hong Kong’s Hangseng 0.17.
How much tariff is on which country
Significantly, US President Donald Trump has announced new tariff rates over 14 countries. Among them, 25 percent new tariffs have been announced over the US export goods from South Korea, Japan, Kazakhstan, Malaysia and Tunisia from August 1. Along with this, 35 percent above Bangladesh, 32 percent above Indonesia, 36 percent above Thailand, 40 percent of Laos and Myanmar and 30 percent new tariffs above South African and Bosnian countries have been announced.
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