Mumbai: In the global markets, the positive side of the withdrawal of strict tariff policy decisions of US President Donald Trump was seen today, which has strongly opposed the corporate American and domestic people. On the occasion of Dr. Babasaheb Ambedkar Jayanti, Indian stock markets will be closed today and Monday.
Last week, after the first 90-day break on mutual tariffs on countries other than China, imported electronic goods in the US including mobile phones, computers and laptops were also exempted from mutual tariffs, and European countries also indicated that they would immediately suspend tariffs, leading to money. But again, the controversial statement of imposing tariffs on imports including semiconductor has created uncertainty.
Following Trump’s obligation to withdraw the tariff, Chinese President Jinping sent a message to Trump not only to withdraw the mutual tariff, but also to withdraw all the new tariffs. These days, discussions about the possibility of withdrawing most of the tariffs imposed by Trump on the world also led to a bounce in the global markets.
On the other hand, international crude oil prices reinforced this evening, Brent crude rose 81 cents to close to $ 65.57 and Nimex-Nuyok crude rose 80 cents to close to $ 62.30.
In European countries markets, the London Stock Exchange’s FTSE 100 index was 150 points, Germany’s DAX 550 points and France’s CAC 40 index was 172 points.
Late in the evening, the US stock market opened firmly. Dow Jones opened strong and increased by 320 points to 40,535 and the Nasdaq Composite Index rose 197 points to 16,921.
After the withdrawal of the post tariff, European markets saw widespread fast appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
