US President Donald Trump’s punishing tariffs on dozens of economies came in force Wednesday. US President Donald Trump‘s “reciprocal” tariffs on dozens of countries kicked in Wednesday, slapping Chinese goods with a steep 104% duty and intensifying his global trade war—even as his administration moves toward talks with several nations.The sweeping tariffs have disrupted a […]
Panama City: The US will take back the Panama Canal, ending China’s influence in one of the world’s most important waterways, US Secretary of Defence Pete Hegseth said today after a rare visit to the Central American nation. Marking the first visit by a US defence secretary to Panama in decades, Mr Hegseth held a […]
In The Tao of Physics, perhaps the finest popular novel on parallels between modern physics and “Eastern mysticism”, author Michiko Kaku sums up the dichotomy by stating: “Socrates in Greece made the famous statement ‘I know that I know nothing,’ and Lao Tzu in China said, ‘Not knowing that one knows is best.’” The two […]
Russian state TV reveled that Trump destroyed trust in the economy. Russian state TV cheered for Donald Trump as the president imposed reciprocal tariffs across the world, leading to a global economic meltdown. Russia has been kept out of the list and political scientist Dmitry Kulikov said on a TV program that Trump’s tariffs look […]
File photo of US President Donald Trump and Tesla and SpaceX CEO Elon Musk (Pic credit: AP) Tech billionaire and DOGE head Elon Musk made direct appeals to US President Donald Trump to reverse sweeping tariffs over the past weekend. According to a report in Washington Post, which cited sources, Musk’s efforts were unsuccessful.Highest-profile disagreement […]
China vows to fight US tariffs ‘to the end’ China on Tuesday vowed to retaliate against the United States if President Donald Trump goes ahead with his threat to impose fresh 50 per cent tariffs on Chinese imports. Reacting to Trump’s new threat, China hinted of imposing more retaliatory tariffs on American products. Beijing said […]
Washington: US President Donald Trump on Monday threatened fresh tariffs of 50 percent on China and ruled out any pause in his aggressive new global trade policy, despite a dramatic market sell-off. Trump upended the world economy last week with sweeping tariffs that have raised fears of an international recession and triggered criticism even from […]
Tesla shares dropped to a record low on Monday. As Tesla’s stock reached a new low Monday, investors revisited what Donald Trump‘s commerce secretary Howard Lutnick commented about Tesla stock a month ago. Last month, Tesla stock plummeted owing to the global protest against Elon Musk because of his influence in the Trump administration. Thousands […]
Netanyahu became the first leader to meet Trump in the White House to negotiate tariffs. The White House Monday cancelled a scheduled press conference of Donald Trump and Israeli Prime Minister Benjamin Netanyahu amid a major backlash over tariffs as the markets kept on bleeding for the third day in response to Trump’s Liberation Day […]
Markets turned green riding on rumors that Trump would consider a 90-day pause on tariffs. Stock markets turned green for a brief moment Monday morning after reports claimed that President Donald Trump is not ruling out a pause on the tariffs. To be more specific, it was reported that a 90-day pause is what the […]
