EVER SINCE Donald Trump won the Presidential elections in November, stock markets have been reeling under tariff impositions by the US. The benchmark BSE Sensex has fallen by more than 6 per cent since the beginning of November, closing at an over seven-month low of 74,602 on Tuesday.If Trump’s victory and his statements left the market on tenterhooks, his pronouncements on tariffs and taxes on other countries have only added to investor anxiety as they try to make sense of how the announcements play out.“I will immediately begin the overhaul of our trade system to protect American workers and families. Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens,” Trump said in his inaugural address. To register, scan QR codeTrump’s aggressive tariff talk has hurt investor sentiment. Foreign portfolio investors (FPIs) pulled out a net amount of Rs 1.17 lakh crore from Indian equities from November 2024. The outflow only accelerated after the inaugural address — they have pulled out a net sum of around Rs 63,000 crore since January 21.While retail investors continue to remain anxious on how Trump’s announcements affect the global trade and Indian economy, there is also a feeling of restlessness around how much the markets could fall before the trend reverses.Are tariffs good for America and Americans? What will be the impact of Trump’s tariff announcements on the Indian economy? What should retail investors do as their portfolio value continues to see a decline?Anish Tawakley, co-CIO Equity of ICICI Prudential Mutual Fund, will answer and explain some of these questions on Thursday at 5 pm at an Explained.Live session titled “Trump Tariffs: How will it impact Indian Economy and the Markets?” He will be in conversation with Sandeep Singh, Resident Editor, Mumbai, The Indian Express.Story continues below this adOne of the most credible names in the fund management industry, Tawakley’s top-down view on the economy and markets have been a guiding force for the fund management team at the fund house. Having joined the fund house in 2016, Tawakley manages around `1 lakh crore in assets. He also manages popular schemes such as ICICI Prudential Bluechip Fund.Explained.Live is a unique series of explanatory conversations that The Indian Express hosts from time to time.© The Indian Express Pvt LtdTags:donald trumpUS Presidential elections