India, July 14 -- Indian shares ended Monday's session lower as U.S. President Donald Trump escalated his trade offensive, leading to increased volatility in global markets and prompting investors to seek refuge in safe-haven assets.
Trump on Saturday threatened to impose a 30 percent tariff on imports from Mexico and the European Union starting on Aug 1, even as they are locked in long negotiations.
Caution over the Russia-Ukraine conflict also weighed on markets after Trump said Sunday the U.S. would provide Kyiv with more Patriot surface-to-air systems to help defend against Russia's nightly bombardments.
With a ceasefire and an eventual peace deal thus failing to achieve a breakthrough, Trump is expected to make a "major statement" o...