According to experts, the Indian stock market has stayed steady even after Donald Trump first announced a 25 percent tariff on certain Indian exports and then increased it further to 50 percent. Many expected such a steep hike to cause a sharp market crash,

Worries are high that Trump’s tariffs are damaging the economy, particularly after last week’s worse-than-expected report on the job market.

President Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its "positive impact" on the stock market and saying such a move could cause a severe economic downturn.