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✍️  US President Donald Trump's threat to hike tariffs on India has led to a decline in currencies and stocks in developing economies, despite a positive day for emerging markets.
👉 Trump threatens to hike tariffs on India even above the punitive rate announced last week
👉 MSCI's EM currency gauge rose 0.4% and the stock index pared gains to 0.9%
👉 The Bloomberg Dollar Spot Index edged lower
👉 The $10-billion iShares MSCI India ETF fell to a session low
👉 Trump will announce a new Fed governor and replacement for the Bureau of Labor Statistics' head

#DonaldTrump #ThuLanNguyen #AdrianaKugler #LloydChan #India #US #JerseyCity #Bronx #NewYorkCity #Colombia #Scotland #Russia #world
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