Swaminathan Aiyar foresees a possible Trump win leading to 10% global tariffs, 60% on China, sparking a trade war. EU and Modi could retaliate. Trump might cut NATO funding, ban H1B visas, ignore Taiwan, prosecute Biden officials, and cause US chaos. Congress and courts could limit actions. Rate cut expectations persist.
from Economic Times https://ift.tt/y4ukZNF
from Economic Times https://ift.tt/y4ukZNF
If Trump comes to power, the worst-case-scenario is terrible for India & world: Swaminathan Aiyar
Reviewed by News Today
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July 22, 2024
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