Big Win for India

U.S. President Donald Trump just cut the reciprocal tariff on India to 18% from 25%, and it’s paying off big time. India’s Nifty 50 index skyrocketed 5% on the news, and it’s not hard to see why – investors are thrilled.

The Details

Trump made the announcement stateside on Monday, and it didn’t take long for the market to react. It’s a bold move, and one that’s likely to boost trade between the two countries. Don’t expect it to solve all their problems, but it’s a start.

Let’s be real, it’s not like this is going to fix everything overnight. But it’s a step in the right direction, and investors are eating it up. For now, it’s a win-win for both countries – and that’s not something you see every day.