File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has once again defended his aggressive trade policies, claiming that the United States is now “pouring in” billions of dollars from newly implemented tariffs on foreign imports. Speaking from the East Room of the White House on Tuesday while signing a series […]
Ackman now says he was wrong to blame Howard Lutnick for the tariffs. Donald Trump-backer hedge fund manager Bill Ackman said Monday it was unfair of him to lash out at Donald Trump’s commerce secretary Howard Lutnick. The comment came after Ackman created a meltdown almost equal to the market meltdown — criticizing the Trump […]
Donald Trump spends day at Florida golf course as markets tumble (Picture credit: AP) As financial markets continue to reel from a sweeping new tariff plan, US President Donald Trump spent his weekend in Florida, playing golf and attending a lavish $1 million-a-plate dinner, doubling down on his hardline economic strategy and dismissing mounting fears […]
In a move that left many people confused and amused, US President Donald Trump’s new tariffs included a faraway island with no people—just penguins.Announcing what he called “Liberation Day tariffs” from the White House Rose Garden, Trump imposed a flat 10% tariff on all US trading partners. But what truly caught people’s attention was the […]
US President Donald Trump has announced steep tariffs on its trade partners depending upon the imbalances, rattling the global markets. The brain behind this tariff formula, however, remains a mystery.“Trump used everyone as a sounding board until the very last minute,” a White House official told the New York Post. They added that the individual […]
Russia President Vladimir Putin and US President Donald Trump US President Donald Trump has announced sweeping tariffs, imposing a minimum 10% levy on nearly all nations worldwide, with additional higher rates targeting approximately 60 countries. Notably, Russia was missing from the list of countries.During his announcement, Trump held up a board listing around 50 countries, […]
India levies “uniquely burdensome or duplicative testing and certification requirements” in sectors like chemicals, telecom products, and medical devices, making it “difficult and costly” for US companies to sell their products in the country, according to the White House.“India imposes its own uniquely burdensome and/or duplicative testing and certification requirements in sectors such as chemicals, […]
Asian markets and US stock futures tumbled on Thursday after Donald Trump unveiled a sweeping increase in tariffs on imports from across the globe, escalating trade tensions and sending investors into a frenzy.Tokyo’s Nikkei 225 index dropped more than 3.4 per cent before a slight recovery, closing 2.9 per cent lower at 34,699.52. South Korea’s […]
With much of Donald Trump’s Liberation Day tariffs remaining secret till the last hour, tempers are rising ahead of the announcement today. Republican leader Amdrew Clyde dropped a major hint though it was his personal idea about Trump tariffs as he said he believes that Trump tariffs are not going to be long term and […]
Ontario premier says it’s not ‘Liberation Day’ but ‘Termination Day’ for Americans. Ontario Premier Doug Ford who took a lead in Canada’s tariff war with the United States said he does not think April 2 will be known as the Liberation Day for the Americans as Donald Trump‘s tariffs would ultimately hurt American families as […]
