🇺🇸 Trump Announcement | Market Takeaways

🔹 Warrior Dividend
• 14.5 lakh+ US military personnel to receive $1,776 each
• Funded through tariff revenues
• Positive for US consumption & sentiment

🔹 Tax Cuts + Rates (Risk-On Signal)
• Results of tax cuts visible next year
• Next Fed Chair favors low interest rates
👉 Risk-on sentiment strengthens

🔹 Drug Price Cuts (Jan)
• Focus mainly on generics
• No major impact expected on Indian pharma (largely priced in)

🔹 US–India Trade Deal
❌ No update announced