Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 fell […]
TOI Correspondent from Washington: Pilloried for playing golf while the stock market burned, MAGA supremo Donald Trump tee-d off with claims of an “economic revolution” that has “already” brought in more than $5 trillion investment into the United States.The US President’s tall talk came despite America’s top 500 companies bleeding almost the same amount, $5 […]
US President Donald Trump (Pic credit: AP) US stock futures plunged on Friday, pointing to deeper losses on Wall Street after China struck back with new tariffs in response to the Trump administration‘s sweeping import duties. The tit-for-tat move intensified investor concerns, sending global markets into a tailspin and wiping out trillions in equity value.The […]
Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly […]
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 […]
Donald Trump said ‘it’s going very well’ after he was asked to comment on the market crash following his tariff announcements. President Donald Trump Thursday said the response to his major tariffs has been very good. “I think it’s going very well. It was an operation like what a patient gets operated on, and it’s […]
The TOI Correspondent from Washington: American stock indices tanked “bigly” the morning after the MAGA supremo Donald Trump’s “tariff terrorism” but the US President remained upbeat about the eventual outcome of his tectonic trade gambit amid the market meltdown. “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT […]
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 […]
US president Donald Trump signed an executive order on Wednesday, implementing a 25% tariff on all foreign-manufactured automotive vehicles. The tariff will be effective from April 2.“We are going to be very fair… we are going to be nice actually. We have not been treated nicely by other countries, but we are going to be […]
