Trump, Stocks and Tariff
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Indian stock market participants will closely monitor companies' first-quarter earnings, progress in US tariff talks, key macroeconomic data and other global cues in the trading session starting from Monday,
Late Thursday, Trump posted a letter threatening to impose 35% tariffs on goods from Canada. The barrage of letters began on Monday, setting tariffs of 25% on goods from Japan and South Korea and 50% on Brazil.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
The S&P 500 and Nasdaq composite closed at record highs on Thursday, and ended the week just below those levels.