Global markets assess U.S. tariff threat at 155% on Chinese imports effective Nov 1 as trade risk escalates

Geopolitical risk surged as the Trump administration announced a punitive tariff threat of 155% on Chinese imports effective Nov 1, raising substantial concern across global trade channels. Market participants evaluated the probability of retaliatory counter measures and potential spillovers to supply chain configurations. India meanwhile demonstrated resilience as export diversification trends helped reduce exposure concentration risk during elevated U.S. versus China trade tensions. Macro watchers said market sensitivity will remain high across shipping routes, cross border pricing channels, and manufacturing value chain linkages, especially in areas where companies maintain direct revenue or procurement interdependency with U.S. and China corridors.