Trump vs India: Tariffs | Rupee under pressure | US jobs data | CA Rachana Ranade
Published: 2025-08-06
Status:
Available
|
Analyzed
Published: 2025-08-06
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 10
Prediction
Topic
Status
Trump is accusing India of funding the Ukraine war and plans to substantially raise tariffs on goods imported from India.
"So basically he is accusing India of the fact that we are funding the war indirectly and we don't care how many people are being killed in Ukraine. Ok. So when he said all these things, I loved the way India replied because India has given this as I mentioned in the beginning of the video a very calculated answer which is a very strong answer as well."
Incorrect
The EU is projected to have €67.5 billion in goods trade with Russia by 2024.
"The European Union will by 2024 head a total trade of 67.5 billion euros in goods with Russia."
Incorrect
The EU's trade in services with Russia was estimated at €17.2 billion in 2023.
"In addition it had trade in services estimated to 17.2 billion euros in 2023"
Correct
EU LNG imports reached a record 16.5 million tonnes in 2024, exceeding the 2022 record of 15.21 million tonnes.
"European imports of LNG in 2024 in fact reached a record 16.5 million tonnes surpassing the last record of 15.21 million tonnes in 2022."
Correct
The US continues to import uranium hexafluoride, palladium, fertilizers, and chemicals from Russia.
"Where the USA is concerned it continues to import from Russia uranium hexafluoride for its nuclear industry palladium for its EV industry fertilizers as well as chemicals."
Correct
India asserts its position as the fourth largest economy and predicts becoming the third largest.
"We are saying boss, we are also the fourth largest economy. Don't try to put us under pressure. We are going to be the third largest economy now."
Pending
The Indian Rupee began depreciating in May, potentially as a government strategy to support exports against tariffs.
"So since then our rupee has started to depreciate maybe the government is saying it is okay with this so that the exports don't take a hit."
Correct
The Chinese Yuan experienced significant devaluation in 1995 and has continued to depreciate since 2015.
"especially during the 95 scenario look at this sharp devaluation in Chinese yuan and even in the recent past since 2015 also they have been depreciating the yuan."
Incorrect
In July 2025, the US added 73,000 jobs, significantly lower than the estimated 16,000.
"So on the latest data jobs added 73000 vs estimated ₹16000 so estimated job additions was ₹16000 actual are only 73000"
Incorrect
The US unemployment rate increased to 4.2% from 4.1%.
"unemployment rate has increased to 4.2% which was at 4.1%"
Incorrect
Trump claims the latest US jobs report is rigged and the numbers are fake.
"he says last week's job report was rigged. He says all these numbers are fake"
Correct
Trump intends to fire the BLS commissioner.
"he said I am going to fire this BLS commissioner khatam baat khatam"
Incorrect
Trump is expected to levy tariffs and penalties on Indian exports to the US, potentially increasing the cost of goods by 30%.
"I will give you a simple example for this and have a look at it. So if you say that we are exporting goods worth $100 okay to to USA assume he is going to levy $25 tariff and later he is going to levy an additional penalty of $5 so the total will become $130"
Incorrect
The Indian government may devalue the rupee to boost exports in response to potential US tariffs and penalties.
"So sometimes to boost exports the country is okay devaluing the currency."
Incorrect
The US jobs report for July 2025 showed significantly lower job additions (73,000 vs. 160,000 estimated) and an increase in the unemployment rate to 4.2%.
"So on the latest data jobs added 73000 vs estimated ₹16000 so estimated job additions was ₹16000 actual are only 73000 unemployment rate has increased to 4.2% which was at 4.1%"
Incorrect
Donald Trump claims the July 2025 US jobs report was rigged and the numbers are fake.
"last week's job report was rigged. He says all these numbers are fake"
Correct
Donald Trump intends to fire the BLS commissioner due to his dissatisfaction with the jobs report.
"he said I am going to fire this BLS commissioner khatam baat khatam"
Incorrect