Dow Jones Holds Steady Despite Trump’s Crushing Tariffs Hammering India

Markets shrug off trade war escalation as tariffs hit Indian imports—classic Wall Street denial or calculated indifference?
The Immunity Complex
Trump's latest protectionist move slaps punishing tariffs on Indian goods, yet the Dow barely flinches. No panic selling, no volatility spikes—just another Tuesday for institutional traders who've seen this script before.
Tariffs Meet Apathy
Fresh tariffs target everything from textiles to tech components, but market reaction stays muted. Because why worry about actual trade disruptions when you've got Fed liquidity propping everything up?
The Real Story Behind the Stability
Investors aren't betting on fundamentals—they're betting on the Fed's put option. Another case of markets treating economic shrapnel as background noise while leveraged positions pile higher.
Another day, another trade war the market decides to ignore—until it doesn’t. Because nothing says 'healthy economy' like tariffs that nobody reacts to and fiscal policies written by lobbyists.
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“They don’t care how many people in Ukraine are being killed by the Russian War Machine,” Trump said in a Truth Social post earlier this month. “Because of this, I will be substantially raising the Tariff paid by India to the USA.”
New Tariff Threatens Progress in U.S.-India Partnership
India hasn’t issued any retaliatory tariffs so far, although Foreign Ministry spokesman Randhir Jaiswal said that the new rate is “unjustified and unreasonable.” The criticism comes as the U.S. ran a $45.7 billion goods trade deficit with India in 2024.
Furthermore, the heightened tariff casts a shadow over improving U.S.-India relations, threatening a partnership built on economic and geopolitical cooperation.