Summary Points: Trump announced tariffs on April 2. Stock market crashed, but he didn’t budge. Bond auction flopped on April 8. Hedge funds sold bonds, raising yields. Trump paused tariffs, except on China. India’s reserves felt the bond impact. Introduction You might have heard about Donald Trump’s sudden U-turn on his reciprocal tariff plans 10…
Summary Points: Trump’s tariffs started with China, Canada, Mexico in January. April 2nd brought massive reciprocal tariffs globally. Markets crashed, like a -12% S&P 500 drop (in 30 days). China and others hit back with their own tariffs. Even Americans are upset over rising costs, layoffs. Did Trump expect this chaos or misjudge it? Maybe…
Summary Points: I got an email from a reader wondering why the U.S. dollar stays dominant (Jump here for the reason). The USD’s reserve status and U.S. Treasuries keep its demand high. A strong dollar also lets the U.S. survive even with big deficits and high debts (for now). Low inflation and low rates help,…
Summary Points: I explain why countries like India (52%) and China (67%) charge high tariffs on U.S. goods. I break down the U.S.’s “discounted reciprocal tariffs,” like 26% for India, and why they’re not matching fully. I talk about how trade agreements and politics, like India’s GSP removal, play a big role in these tariffs….
![What's India’s Google Tax [Explained] - Thumbnail](https://ourwealthinsights.com/wp-content/uploads/2025/03/Whats-Indias-Google-Tax-Explained-Thumbnail-768x462.png)
Summary Points: India’s government plans to ditch the 6% Google Tax on online ads by April 1, 2025, as reported by The Indian Express, hinting at U.S. pressure. What It Was: Introduced in 2016, the Google Tax (Equalisation Levy) targeted non-resident tech giants like Google with a 6% tax on digital ad payments over RS.1…
Here in India, where we’ve seen our rupee sway with the global winds, what’s happening with the won is a story worth our attention. When you think of currency, you might imagine cold numbers and exchange rates. But behind every bill and coin, there are interesting stories. There are a few anecdotes concerning the Korean…
The US Federal Reserve (Fed) has made headlines for its efforts to control inflation. The central bank has been aggressively cutting interest rates since August’2024. But there’s a puzzling twist: mortgage rates in the US are still rising. Yes, it’s happening and that is what’s strange. Despite the Fed lowering rates to stimulate the economy,…
