Reported 24 days ago
The iShares MSCI India ETF (INDA) experienced a decline after President Trump announced a 25% tariff on imports from India, citing its purchase of Russian oil. This decision comes amidst stalled negotiations between the U.S. and Russia regarding the Ukraine conflict. Following the announcement, the ETF fell by 1% but regained some ground, possibly due to the delay before the tariffs take effect, allowing room for potential negotiations.
Source: YAHOO