Trump Again Back Fire and Extends India Tariffs by 7 Days

Jai Siya Ram

🇮🇳 India’s Position & Domestic Response

  • India’s opposition parties have condemned the tariff move as a diplomatic and economic setback, citing potential GDP slowdown of up to 40 bps and sharp declines in rupee/equity markets. ([turn0news17])
  • Commerce Minister Piyush Goyal reaffirmed India’s stance on resilience, rejecting Trump’s labels and emphasizing that India will not yield to trade bullying

🌐 FXLive Strategic Insight

  • Exporters should prepare contingency plans for pricing, logistics, and currency hedging.
  • Traders might consider short-term volatility setups around USD/INR and export-heavy stock indices.
  • Businesses should monitor diplomatic outreach — India can still negotiate exclusions or exemptions before August 7

✅ Summary Takeaway

Trump’s extension buys time, but does not signal easing. India remains under a 25% tariff window, with outcomes dependent on diplomatic moves by early next week.

The Market thinker

H! Friends! Birth: I (Chandan Singh Rawat) was Born in New Delhi, the Capital of "Bharat" in 04th October 1982 into A Hindu Religion. Education: Completed My Scholling from Kendriya Vidyalaya, (New Delhi) & Graduated from Delhi University with A Commerce Stream. Work Experience: In Starting, I Joined CA Firm and Learn Financial Accounting and also work some company as a Accounts Manager, After that in 2008, I started Learning Equity & Commodity Market and after that, I start my own analysis with the name of "CommodityMarket2008 Advisory Services, Known as Chandan Singh" Now We are pleased to introduce ourselves as one of the most prestigious & leading "Equity + Commodities" Trading Signal service provider with more than 15 years experience & expertise.