Trump Claims India Will Slash All US Tariffs—Wall Street Already Priced In the ’Free Trade’ Fantasy
In a move that’ll either turbocharge trade or vanish faster than a meme coin’s liquidity, former President Trump declares India’s ready to zero out tariffs on US goods.
Global markets yawn—because let’s be honest, tariff promises have the shelf life of an unsecured stablecoin.
Bonus jab: Goldman Sachs analysts are reportedly drafting three contradictory reports—bullish, bearish, and ’long-term structural play’—just in case.
Washington is prioritizing discussions with certain nations
Officials say the administration wants to wrap up talks with several countries, including India, but limited staff and time mean Washington cannot hold full talks with every capital affected by the president’s reciprocal tariff plan.
Trump also raised the idea of bigger trade ties with Pakistan, India’s rival. He previously said that trade was one major factor that helped broker a ceasefire deal between the two nuclear neighbors this month. “I’m using trade to settle scores and make peace,” he said.
The United States has likewise worked to cool its clash with China. After talks last week, Washington cut its tariff rate on Chinese goods to 30 percent from 145 percent, while Beijing lowered its own tariffs on U.S. imports to 10 percent. “If I didn’t do that deal with China, I think China WOULD have broken apart,” Trump said.
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