The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s new 104% tariffs on Chinese imports came into force.Calling the US action a violation of trade norms and a threat to global stability, […]
Pedro Sánchez (AP photo) Spanish Prime Minister Pedro Sánchez has embarked on a diplomatic trip to Asia, visiting Vietnam as US tariffs on European Union products come into effect. Sánchez lands in Hanoi on Wednesday, where he will meet Vietnam’s top leader, To Lam. On Thursday, Sánchez is set to visit Ho Chi Minh City, […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has once again defended his aggressive trade policies, claiming that the United States is now “pouring in” billions of dollars from newly implemented tariffs on foreign imports. Speaking from the East Room of the White House on Tuesday while signing a series […]
YouTuber Mr Beast gave his take on Trump tariffs and pointed out the irony in it. Donald Trump’s tariffs are all for Make America Great Again, YouTuber Mr Beast Tuesday revealed that for him now it is wat cheaper to make his chocolate bars outside America because “other countries don’t have a 20%+ tariff on […]
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 […]
Meghan McCain condemned Donald Trump’s tariffs and said it affects everyone. Conservative voice Meghan McCain, daughter of Republican leader late John McCain, expressed her disapproval of Trump’s tariffs that she claimed pushed Americans to struggle. She said she’s not a financial expert but neither are those who are going to television channel and claiming that […]
Ackman now says he was wrong to blame Howard Lutnick for the tariffs. Donald Trump-backer hedge fund manager Bill Ackman said Monday it was unfair of him to lash out at Donald Trump’s commerce secretary Howard Lutnick. The comment came after Ackman created a meltdown almost equal to the market meltdown — criticizing the Trump […]
US President Donald Trump The White House on Monday strongly denied that US President Donald Trump is considering pausing new tariffs for 90 days and termed it “fake news.”White House press secretary Karoline Leavitt called Trump’s consideration of pausing new tariffs “fake news,” CNBC reported.Even the video posted by Rapid Response 47, showing CNBC report […]
The “Wall Street mayhem” also led to a “Trump meltdown” on Monday after the US President justified “the tough days ahead” by reiterating his belief in the shock therapy through back-to-back social media posts.At 6:49 am on Monday, Trump took to his Truth Social and declared that there is “no inflation” in the US, despite […]
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 […]
