The Trump tariff triggered selloff in IT, while pharma bucked the trend.
The Department of Commerce is carefully examining the implications of various measures and announcements made by US President Donald Trump regarding reciprocal tariffs, the Ministry of Commerce stated.
Leader of the opposition in the Lok Sabha Rahul Gandhi questioned the central government's foreign policy.
As US President Donald Trump signed an executive order on the so-called "reciprocal tariffs," the world reacted sharply against the decision, with some calling it a "mistake that benefits no one" while others called it a violation of Washington's obligations under the World Trade Organization (WTO).
Declaring April 2 as "Liberation Day", US President Donald Trump announced the tariffs but has exempted certain sectors. India’s pharmaceutical sector has made a big win, temporarily avoiding the new levies.
As was only to be expected, China has promptly advanced a spirited defence of WHO, clothed with vehement criticism of the White House move.
Earlier in the year, the Trump administration had signed a mega phase one deal with China, after intense negotiations between the two countries.
'It's going to be a very big bill, a very good bill, and a merit-based bill and it will include DACA, and I think people are going to be very happy,' Trump said.
It would be Trump's second campaign rally amid the coronavirus pandemic, following the June 20 Tulsa rally with around 6,200 people showing up.
China is accused of mass detentions, religious persecution and forced sterilisation of Uyghurs and others in the resource-rich northwestern province.
