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In the current situation, we have Trump going into the room by himself and coming out every now and then and telling us that things will be okay. So, we have to kind of conclude that it is in both countries interests to come up with some accommodation and so it will be incremental but clearly, there will be some pain in the trade relationship between the United States and China.
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Pakistani farmers fear widespread desertification and hunger as India threatens to cut off water supplies from the Indus River following a terrorist attack in Kashmir. India suspended the Indus Waters Treaty, raising concerns about irrigation for 80% of Pakistani farms and potentially crippling the nation's economy due to water shortages impacting agriculture and electricity generation.
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News and Media
Fear is the driving force in the market rather than valuations. The 90 day pause on tariffs gives countries to reach bilateral agreements with the US and hence FY26 is likely to be very volatile.
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News and Media
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