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we will have clearer picture upon release of q2fy25 results and tariffs on China (how much, how soon) will be clearer by then too; post Trump's inauguration.
No day one tariffs for China and Europe; pending USTR assessment for China. However, US President Donald Trump reiterated his threat towards the BRICS nations on Monday, stating that countries that are part of this organisation would face 100 per cent tariffs on trade with the US if they continue their de-dollarization efforts.