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Sensex, Nifty Set To Drift Lower As Tariff Worries Intensify

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Indian shares look set to open on a sluggish note Friday as U.S. President Donald Trump pushes through with his tariff agenda, fueling uncertainties around the global tariff war.

In a letter posted to Truth Social late on Thursday, Trump has announced a broad 35 percent tariff on Canadian goods and warned that any fiscal retort from the country will be tacked onto the 35 percent set to take effect Aug. 1.

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Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.