V. Anant Nageswaran, Chief Economic Advisor to the Government of India, has warned in an interview recently that the tariffs imposed by former US President Donald Trump can cause a loss of about ₹ 1.6 lakh crore (0.5%of GDP) to the Indian economy. This loss will depend on the period of Tarifs – if they are further extended, the effect can be felt by the next financial year. However, he expressed confidence that India’s real GDP growth is likely to be between 6.3% to 6.8%. He also said that the government will reduce GST rates on more than 400 items and increase the domestic consumption from Income Tax Relief in February Budget. It is estimated that it will provide a consumption boost of ₹ 5.3 lakh crore, which will compensate for the damage caused by the tariff. But the challenge does not end here – US Treasury Secretary Scottary Scott Bessent has indicated that additional sanctions and tariffs can be imposed on the countries who buy oil from Russia, which can lead to loss. Nevertheless, Finance Minister Nirmala Sitharaman has clarified that India will continue to purchase oil from Russia.

Former US President Donald Trump has abolished the speculation of potential heavy tariffs on gold. In his social media post, he clearly wrote – “Gold will not be tarifed!” After this statement, there was a sharp decline in gold prices. The US gold futures fell 2.5% to $ 3,404.70 an ounce for December delivery, while gold in India fell ₹ 408 to ₹ 99,550. Earlier it was estimated that 39% of tariffs could be levied, increasing prices, but now investors are relieved.

US President Donald Trump’s 50% tariff’s decision has made a major impact on Indian exporters. American retail companies like Amazon, Walmart, Target and GAP have stopped Textile and Apparel orders from India. According to media reports, these companies have sent emails and letters and asked Indian Exporters to stop the shipment – until the new order comes. Us is the largest market in Textile and Apparel Export in India. But now these companies do not want to bear the increased tariffs themselves and are putting a full burden on Indian Exporters. This has increased the cost from 30% to 35%. outcome? Orders going to America can have a cut of 40% to 50% – which can lead to loss of $ 4 to $ 5 billion to India. Its biggest benefit is being provided to countries like Bangladesh and Vietnam, where the tariff is just 20%. India’s cost has increased much as compared to these countries, which are proving to be expensive in Indian products in the American market. This situation is an alarm for the Textile Sector of India-if the policy and support did not come in time, then our Export-Driven industry may suffer heavy losses.

This week, the Share Market saw the ups and downs again. Sensex 340 and Nifty fell to 170 points, but light recovery was also seen on Friday. Now many big factors in the market for next week can affect: Tariff Deadline of US President Trump-500% tax of tax up to 500% tax Proposal India-Rade Deal No official Announcement so far on TCS TCS and Dmart’s Quarterly Results BRENTS BRELTS BREELTS BRELTS BRELTS BRELTS OIL and Dollar-Rupee’s speed 6 entry of IPOS and Listing Trump’s Tariff News in Stock Market of 9 companies is possible to make a big stir in the market! Will the market fall again or the rally will come? Know the complete details in this video! Like the video, share and subscribe to the channel

The second chapter of the trade war between the US and India has started! The US has announced to impose 10% tariffs on 100 countries before the July 9 deadline, which has shaken the stock market. Sensex was initially flat, but IT, metal, pharma and banking shares saw a decline. BRICS countries may also suffer double loss of this decision as Trump has warned of imposing additional tax on these countries if they go against the US policy. The markets of Japan and Hong Kong were also in decline. At the same time, the delay in the talks of US-India Trade Deal is worrying investors. Will there be a big stir in the market by July 10? Know the complete information in this video!