Nifty50 and Sensex declined more than 1% on 12-Jun-2025, Amid Tariff War Tension
USA China led meeting held in UK , however the meeting concludes and President Trump said on social media that "Our deal with China done , subject to approval with USA & China President.
Trump on Wednesday informed to reporters that he will send letters to major trading partners in next two weeks outlined his planned tariff prior to 9-July deadline to strike trade deal with his administration.
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| USA VS CHINA TARIFFF |
Market down due to impact of Tariff
Trump said that countries will be offered a trade deal that they could accept or leave, likely implying that he will process with his plans to impose steep trade tariff.
