India, July 10 -- Indian shares look set to open on a sluggish note Friday as U.S. President Donald Trump pushes through with his tariff agenda, fueling uncertainties around the global tariff war.
In a letter posted to Truth Social late on Thursday, Trump has announced a broad 35 percent tariff on Canadian goods and warned that any fiscal retort from the country will be tacked onto the 35 percent set to take effect Aug. 1.
Separately, in an interview with NBC News published late Thursday, Trump floated 15 percent to 20 percent blanket tariffs on most trading partners, higher than the 10 percent level currently in effect.
Trump also teased a 'major statement' he intends to make on Russia on Monday without specifying details as the U.S. pr...