Billionaire hedge fund manager Bill Ackman is pleading with President Trump to hit the brakes on sweeping new tariffs, warning that the global economy is teetering on the edge of a “self-induced economic nuclear winter.”In a lengthy post on X Sunday night, Ackman—once a vocal Trump backer—urged the president to call a temporary timeout.“The President […]
Since re-entering office, President Trump has issued a flurry of tariffs in an effort to rewire the global economy. On Wednesday, Mr. Trump unveiled his most aggressive policies to date, sparing few countries around the world. A 10 percent base line rate for the world went into effect on Saturday, with much higher ones for […]
US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday claimed that a deal over the future of TikTok in the United States was nearly finalised but China pulled back in response to new American tariffs.Speaking aboard Air Force One, Trump said Beijing’s change of stance came after Washington slapped an additional […]
The Trump administration this week levied sweeping tariffs across the globe, provoking retaliation from other countries and sending the stock market tumbling. An unexpected consequence? Penguin memes. Images of the flightless birds have waddled their way across the internet this week after President Donald Trump imposed tariffs on Heard Island and McDonald Islands, Australian territories […]
Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]
President Trump’s top aides raced to defend his expansive global tariffs on Sunday, downplaying the prospect that his new taxes on imports could cause a significant spike in prices or tip the U.S. economy into a painful recession. As Mr. Trump departed Mar-a-Lago for another day of golfing at his club in Jupiter, Fla., his […]
UK Prime Minister Keir Starmer on Sunday declared that the United Kingdom is prepared to deploy direct state intervention to protect British industries from the shockwaves of sweeping tariffs imposed by US President Donald Trump.Writing in The Sunday Telegraph, Starmer said the world had entered a new era where the “old assumptions can no longer […]
Jim Cramer’s prediction of ‘Black Monday’ on live television went viral. CNBC host Jim Cramer predicted a 1987-like ‘Black Monday‘ coming week because of the tariffs Donald Trump imposed on countries. “If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario…the one […]
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 […]
As US President Donald Trump’s latest round of sweeping tariffs edges closer to taking effect, American households are racing to stock up on everyday essentials — from fruits and toothpaste to electronics and even building materials — before prices start to climb. Trump’s proposed levies, announced Wednesday, add another layer to an escalating trade war […]
