Trump to Significantly Increase Tariffs on India Within the Next 24 Hours
According to ChainCatcher, citing Jinshi, U.S. President Trump stated in a live interview with CNBC that India is the country with the highest tariffs and that the U.S. will significantly increase tariffs on India within the next 24 hours. He also mentioned that pharmaceutical tariffs will be announced next week, along with tariffs on semiconductors. The U.S. will initially impose relatively small tariffs on the pharmaceutical industry, but these will eventually reach 250%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gram Is Only Bright Spot in Crypto Bloodbath, Durov Says
AI trading rebounds; storage chip and optical communication stocks rise broadly in U.S. pre-market, CoreWeave surges 17%, oil prices stabilize.
Before the US stock market opened, CoreWeave rose about 17% as its Q3 revenue exceeded expectations and the company raised its annual revenue guidance. Storage chip stocks generally increased, with SK Hynix up about 7% and SanDisk up about 7%. Optical communication stocks also rose, with Coherent up about 9%, Credo up about 8%, and Lumentum up about 8%. Futures for all three major US stock indexes were up: Nasdaq 100 index futures rose 1.6%, S&P 500 index futures rose 0.7%, and Dow Jones index futures rose 0.2%.
Fed repricing lifts US Dollar Index – Deutsche Bank
Crypto prices
More
