Trump's Tariffs Pressure Indian Economy and Currency

U.S. President Donald Trump's trade policies are affecting global investment flows, with India's economy showing clear signs of strain. In August, Trump doubled tariffs on most Indian goods to 50 percent, the highest rate for any major Asian economy. The impact is visible in India's currency, the rupee. Investor sentiment has weakened, contributing to the rupee's fall. It has been the worst-performing currency in Asia this year, hitting a series of record lows. The rupee has also broken through the key level of 90 per U.S. dollar, a move watched closely by market analysts. India remains one of the last major economies without a new trade deal with the United States.