India is likely to have both winners and losers if President-elect Donald Trump chooses to enact trade tariffs, cut corporation tax, immigration and subsidies.
This report is from this week's CNBC's"Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribeDonald Trump decisively won the U.S. presidential election, becoming one of only two American leaders who have retaken the keys to the White House after a spell out of office.
However, Trump took unilateral measures during his previous reign, targeting India with tariffs by removing the country from a special trade program known as the Generalized System of Preferences. About $5 billion worth of exports from India to the U.S. have had duties applied to them since 2019, according to theWhy invest in high-risk equities overseas when Uncle Sam is offering 4.5% every year risk-free on your investment?Slashing the U.S.
A quick resolution of the war in Ukraine — Trump's campaign promise — would also prove to be negative for oil prices.
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