Paytm CEO Vijay Shekhar Sharma supports 'US Reset' call after Trump's rates $ 5 trillion stock market cattle company Business News
Paytm CEO Vijay Shekhar Sharma placed the tweet of Helios Capital, Samir Arora, and called it a ‘well -described difference in science and economy’, after the US stock market crashed on Friday. Only a day after Donald Trump imposed a 10% baseline rate on all imports, China refuted by setting an additional rate of 34% on all goods imported from the US. The result? Within 48 hours, three major US stock indices fell by more than 5%, with the S&P 500 falling almost 6%. Samir Arora, founder of Helios Capital, responded to the accident, saying that “a breakdown in the US was needed because it was too open.” Arora made the remarks on X, formerly Twitter, shortly after the US Meltdown wiped out $ 5 drillion on Trump’s rates. Samir Arora’s post with reference to lessons from inflation, index funds and other economic aspects, Samir Arora explained how no theory can be taken to extreme. “If it’s good to have a low inflation, it doesn’t mean that negative inflation is good,” Samir Arora said. The Helios Capital founder further drew an analogy, and further explained: “In the same way, countries cannot be completely open or completely closed.” A set in the US was needed because it was too open. Therefore, I can reconcile with the idea that India had to have lower rates for cars (too closed) and we need to raise rates (too much. Vijay Shekhar Sharma, others respond while Vijay Shekhar Sharma posted the explanation of Samir Arora again and called it a well -described difference, and several other netizens asked further questions about why the Helios Capital founder focused on the goods. Revised, whether US services should be open for rates, Arora replied: “It was not too open because immigration was not open. In any case, I do not have to focus, but one day any country that is badly affected and the claw can focus on it.” Dow Jones has dropped more than 2,000 points, the S&P 500 has experienced its worst two-day decline since March 2020, and the Nasdaq tumbled in the Bear Market site.