The Indian stock markets witnessed a sharp decline of more than 5% on Monday, in response to the global selloffs ignited by escalating trade tensions and the imposition of new tariffs by the United States. President Trump’s recent announcement of extensive tariffs has reverberated across international markets, causing widespread turmoil. Speculations abound that Trump may be deliberately attempting to manipulate Federal Reserve decisions by instigating market volatility. The implementation of tariffs has already started to push up consumer prices, sparking concerns of potential economic downturns in various countries. The repercussions of these developments are being closely monitored by investors and policymakers alike, as they navigate through the uncertain terrain of international trade relations.