💨 Abstract

High tariffs and uncertainties threaten US and global growth, causing inflation concerns and eroding confidence in the dollar. US consumer sentiment has fallen, with inflation expectations at a 39-year high. The US stock market has also declined due to proposed tariffs. In India, foreign direct investment and portfolio investment are weak, and merchandise exports face uncertainties. The services sector is showing signs of weakness, particularly the IT and software services sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖