Trump’s New Tariffs on China Jolt Indian Equities, Sensex Tumbles by 1% in Early Trading
New Delhi (Sputnik): The Indian stock market followed its global peers during early trading on Friday, crashing over 1% after US President Donald Trump threatened additional 10% tariffs on the remaining $300 billion in Chinese imports starting 1 September. With a sharp fall of over 350 points on the BSE Sensex, and over 100 in Nifty on Friday, Indian indices erased all their 2019 gains.