In this episode of Two Sharp with ET, we decode the global market chaos triggered by China’s tariff retaliation. Beijing slaps 125% duties on U.S. goods, sending the dollar to multi-year lows and gold to record highs. Meanwhile, a 90-day U.S. tariff pause boosts Indian markets — with the Nifty soaring nearly 2% and ₹7.7 lakh crore added in investor wealth. Will China’s move deepen the trade war? Can India sustain this rally?Nisha Poddar explains.
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