FPIs Bearish Post Budget | India’s Migration Problem | Affects of Trump Tariffs | Top 5 News

US President Donald Trump | Trump's Tariff Plan | India's Migration | US Immigration News | US News | Trump News | US-India Relation | US-Canada Relation | US Trade Tariff | Top Of The Morning
Foreign investors appear to have readied themselves for a negative reaction over this week, after remaining largely absent during the special budget session on Saturday. In rare move, ahead of the budget, FPIs (foreign portfolio investors) heightened their bearishness by net selling index (Nifty and Bank Nifty) call options, in addition to cash market sales and shorting index futures.
US President Donald Trump has imposed trade tariffs of 25% on imports from Canada and Mexico. However, energy imported from Canada, including oil, natural gas and electricity, would be taxed at a 10% rate. A levy of 10% has also been slapped on imports from America’s biggest trade partner, China. Goods from China, which already face various rates of duties, will see an additional 10 percent tariff.
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