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Stock Markets Edge Higher; Investors Brace for US Tariffs
Hindustan Times Patna
|April 03, 2025
India's heavyweight banking and information technology stocks pushed equity benchmarks higher on Wednesday, hours before the United States announces new reciprocal tariffs that could intensify global trade tensions and hit economic growth.
Details of US President Donald Trump's "Liberation Day" tariff plans were closely held ahead of a White House Rose Garden announcement scheduled for 1:30 a.m. IST on Thursday (2000 GMT on Wednesday).
Investors fear Trump's reciprocal tariffs could push up U.S. inflation and slow global growth, reducing flows into emerging markets like India.
This story is from the April 03, 2025 edition of Hindustan Times Patna.
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