Tariff news live: India's commerce ministry to speak to exporters to assess need for more support amid market meltdown

Tariff latest news today (April 7): The domestic indices, Nifty 50 and Sensex, are expected to plunge at the opening bell on April 7, influenced by global market trends after sharp declines in both Asian markets and Wall Street. Investors are increasingly shifting from equities to safer assets amid rising geopolitical tensions and economic uncertainty, triggered by US President Donald Trump's imposition of retaliatory tariffs. On Sunday, Trump further fueled concerns by declaring that foreign governments would need to pay "a lot of money" to have broad tariffs removed—describing the tariffs as "medicine"—hinting at more volatility ahead for global financial markets.

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