As the July 9 deadline for the US tariff pause approaches, investors are anxious. A favourable trade deal could boost the Indian stock market and foreign investment, but unresolved tariff issues may lead to volatility.

Duties on imports from dozens of countries would jump if the 90-day pause imposed in April expires July 9 as scheduled.

President Donald Trump has announced a bold new tariff strategy, targeting dozens of countries with duties ranging from 10% to a staggering 70%. These tariffs, set to take effect on August 1, mark a significant increase from the previously proposed 50% cap during the 'Día de la Liberación' in April.