Trump’s Victory: What it means for India’s markets and key sectors
- Posted on November 9, 2024
- By Business News Today
- 4 Views
Trump’s Victory: What it means for India’s markets and key sectors
Trumps past presidency emphasized policies supporting domestic business growth, and a similar focus this term could include corporate tax cuts and a protectionist trade stance. These measures may strengthen the dollar against emerging market currencies, impacting economies like India. For India, a stronger dollar could lead to more expensive imports, adding inflationary pressures.