look news india
India News Live, Digital Desk: The Indian domestic market has become alert after US President Donald Trump’s introduction of new tariffs on 14 countries from August 1 and soon after the announcement of trade agreement with India. On the second trading day of the week i.e. Tuesday, July 8, 2025, the Sensex opened with a decline of 90 points. At the same time, there is a decline in the shares of the pharma sector.
US market declines
Trump’s new tariff announcement did not like the market. After the announcement of a new tariff on 14 countries from 1 August, Dow Jones Industrial Average declined by 0.94 per cent. At the same time, Nasdaq Composite fell 0.92 percent and S&P-500 declined by 0.79 percent. However, if we look at the Asian market, there is a mixed business here. Japan’s Nikkei rose 0.21 per cent, while South Korea’s Kospi rose 1.13 per cent, ASX 200 also rose by 0.21 per cent and Hong Kong’s Hangseng rose 0.17 per cent.
How much tariff is on which country?
It is noteworthy that US President Donald Trump has announced new tariff rates on 14 countries. It has announced a new tariff rate of 25 percent from August 1 on goods exported to the US from South Korea, Japan, Kazakhstan, Malaysia and Tunisia. Along with this, a new tariff rate of 35 percent has been announced on Bangladesh, 32 percent on Indonesia, 36 percent on Thailand, 40 percent on Laos and Myanmar and 30 percent on South African and Bosnian countries.