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 […]
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 […]
File photo: US agriculture secretary Brooke Rollins (Pictur credit: AP) US agriculture secretary Brooke Rollins, who took up the charge previous month, has stirred fresh debate over the future of US President Donald Trump’s trade tariffs after her recent TV appearance. Rollins was seen dodging direct questions on whether the levies would remain in place.Speaking […]
UK Prime Minister Keir Starmer is expected to acknowledge the reasoning behind US President Donald Trump’s latest push for tariffs, even as he maintains that such protectionist measures are the wrong approach, according to The Times.In a speech due to be delivered on Sunday, the Labour leader is set to announce that he recognises why […]
Tech mogul Elon Musk has expressed hopes for a zero-tariff trade zone between the United States and Europe, just days after US President Donald Trump imposed sweeping new tariffs, including a 20 per cent levy on European Union goods.Speaking via videoconference hosted by Italy’s far-right League party in Florence on Saturday, Musk said he hoped […]
Elon Musk slams key Trump adviser Peter Navarro amid tariff turmoil. Elon Musk, who lost billions in the market crash triggered by Donald Trump’s tariff, mostly maintained silence on the issue, but on Saturday, he did not mince his words for Trump’s close economic adviser Peter Navarro. Navarro was in favor of strict tariffs though […]
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 on Saturday doubled down on his sweeping tariff policies, claiming that China has been hit “much harder” than the United States in the ongoing trade war between the world’s two largest economies. His remarks came a day after US stock markets tumbled, leading to concerns over a potential global recession.Taking to […]
Netanyahu may visit Trump on Monday to negotiate 17 per cent tariff. Israel Prime Minister Benjamin Netanyahu may become the first foreign leader to visit President Donald Trump in person to negotiate on Trump’s tariffs. According to reports, Netanyahu is planning to visit Monday and the two leaders would also discuss the Iran nuclear crisis […]
Donald Trump posted a cryptic message on Truth Social amid tariff chaos. President Donald Trump put out a cryptic message Friday amid global meltdown over his tariffs as he wrote ‘only the weak will fail’. The aftershocks of Donald Trump’s massive tariff moves started with China announced an additional 34 per cent tariff on all […]
