Who is Trump ? He is the most absolute capitalist I have ever seen in my life. Some people also call him the 'Tarrif King' and all that stuff. He is also seen praising India and Modi a lot. He openly says that he is a fan of Modi. Lets leave the political part to the side and cut to the chase. Why are the Auto stocks tumbling ? The reintroduction of Trump administration at the oval indicates at a few major threats to the Indian manufacturing sector, primarily due to protectionist policies and trade tariffs that were prominent in his first term. This was not start a global trade warfare. All these policies were aimed towards 'America First'. It affected the world foreign industries very negatively, including India’s, which relies on the U.S. market for substantial auto exports and component supplies . 📈 Increased Tariffs and Rising Costs One of Trump administration's most defining policy was to tax the imported goods very excessively, including auto parts, to pro...
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