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Daybreak — Why the ‘mother of all trade deals’ wasn’t enough against Trump's tariffs
Scout ratingSCOUT· 21%12m·2026-02-04·News Politics

Why the ‘mother of all trade deals’ wasn’t enough against Trump's tariffs

Daybreak · 679

Two days ago, the United States said it would cut tariffs on Indian goods to 18%, down from levels that had gone as high as 50%. Markets reacted fast. Stocks rose. The rupee strengthened. The first feeling was relief. It sounded like the trade fight with Washington and Donald Trump was easing. Then more details…

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