Market observers and experts are closely monitoring US President Donald Trump's trade actions amidst speculations on de-escalation of tariffs and its impact on the economy.
Nomura's chief economist suggests US inflation data may influence Trump's tariff decisions by potentially leading to lower rates to ease pressure on the administration.
In the medium term, India could see benefits from potential trade deals, attracting more investment if reciprocal tariffs are set around 10% similar to the UK.
Echoing similar sentiments, Yardeni Research's president indicates that the trade issue might be resolved by the end of summer to avoid triggering a recession, but cautions about the complexities of striking comprehensive trade deals.