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India's Sensex Flat as Bank, Tech Stocks Gain -- Market Talk
How will Trump deal with the 'King of Tariffs'? Indian Prime Minister Modi's visit to the United States this week is attracting much attention.
On the 12th local time, Indian Prime Minister Modi officially began his two-day visit to the USA, with plans to meet President Trump on the 13th. In the eyes of many in the Global economic and trade community, the biggest highlight of Modi's visit may be how Trump treats the leader of the country he previously labeled as the "king of tariffs".
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International investment banks: India, Thailand and other Asian economies may face the greatest impact from the USA's "reciprocal tariffs."
① Trump reiterated on Monday that he will announce a 'reciprocal tariff' policy within the next two days; ② Economists estimate that emerging Asian economies such as India and Thailand face relatively higher tax rates on exports to the USA, making the risks more prominent; ③ At this critical moment, Indian Prime Minister Modi will begin his visit to the USA on Wednesday.