India, Feb. 20 -- Indian shares fell modestly on Thursday amid tariff concerns and uncertain outlooks for both global trade and inflation.
It is feared that U.S. President Donald Trump's tariff plans would stoke inflation and a global trade war.
Trump said on Tuesday he intends to impose 25 percent tariffs on autos, pharmaceuticals, and chips, aiming to boost U.S. manufacturing and competitiveness.
Meanwhile, geopolitical tensions have escalated after Trump called Ukrainian President Volodymyr Zelenskyy a "dictator" and warned of losing his country if peace wasn't secured swiftly - heightening concerns among U.S. allies in Europe.
Trump also said he believes Russia "have the cards" in any peace talks to end the war in Ukraine because th...