Mark Mobius, chairman of Mobius Emerging Opportunities Fund, asserts that while India is not immune to the risks posed by Donald Trump’s tariff policies, it is well-positioned to take over the supply chain from China. He emphasizes the need for India to swiftly reduce bureaucratic hurdles to attract international investment and facilitate exports. Mobius also warns that the market may experience increased volatility due to ongoing trade negotiations and indicates that China is facing significant economic challenges, compounded by geopolitical tensions and reliance on U.S. trade relations.
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'Another way to spend my money': Trump jokes about nukes on roof; mimics missile launch
US President Donald Trump humorously engaged with reporters while walking on the White House roof, joking about installing "nuclear missiles" and inspecting potential construction projects, including a $200 million East Wing ballroom. Throughout his presidency, he has frequently overseen renovations, including a redesigned Rose Garden and the Oval Office, while promoting ongoing improvements. Want More Context? 🔎
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