India, March 27 -- Indian shares ended Thursday's session higher despite heightened uncertainty surrounding U.S. trade policy.
U.S. President Donald Trump has ratcheted up transatlantic trade tensions by announcing a new 25-percent tariff on all auto imports.
In a late-night post on his Truth Social platform, Trump threatened to impose even steeper tariffs on the European Union and Canada if they collaborate to harm the U.S. economy.
Analysts said Trump's auto tariff threat will disrupt global trade and underpin local inflation.
On Wednesday, a Federal Reserve official warned that higher tariffs could push inflation expectations and prices higher in a consistent way that may require the Fed to consider tightening monetary policy down th...