The latest round of retaliatory tariffs by US President Donald Trump has sent the global stock market in a tailspin, including the Indian benchmark indices. This move by Trump reminds Nilesh Shah, Managing Director at Kotak AMC of Sant Tulsidas, who centuries ago wrote, “Samrath ko nahi dosh gosain” – meaning that the strong can do as they please, and no one can blame them, highlighting the leeway powerful nations like the United States can take.
