New Delhi, April 10 -- US President Donald Trump has done it again - stumped the markets with his brand of shock-and-awe policymaking. Not just opponents, even top administration officials seem to be wrong-footed by the mercurial occupant of the White House.

The global economy may be heaving a sigh of relief for now, but are Indian companies out of the woods completely? And will investors have to adjust to this new reality of hyper-volatility? Mint takes a look at the various implications.

In a stunning U-turn, Trump on 9 April announced a 90-day pause on his reciprocal tariffs, just hours after levies against the US' top trading partners kicked in. However, he jacked up levies on China to 125%, effective immediately, from the previousl...