NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market […]
US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday doubled down on his decision to impose sweeping tariffs on imports from around the world, saying he would not back off unless trade imbalances with the US were addressed. Speaking to reporters aboard Air Force One, Trump acknowledged the economic uncertainty caused […]
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 […]
