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 […]
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 […]
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 […]
US president Donald Trump The US President Donald Trump announced that his upcoming reciprocal tariffs will affect all countries globally, rather than being limited to 10-15 nations with significant trade deficits.Trump plans to reveal an extensive tariff scheme on Wednesday, which he refers to as “Liberation Day.” Previously, he has implemented duties on aluminium, steel, […]
President Trump said in a middle-of-the-night social media post early on Thursday that he would come after the European Union and Canada if they banded together against America, opening a new front in the unfolding trade war.“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, […]
Mark Carney (Left) and US President Donald Trump (Right) Canadian Prime Minister Mark Carney on Wednesday called US President Donald Trump’s auto tariffs a “direct attack” on Canada and said that the trade war is hurting Americans. He also highlighted the adverse effects of the trade dispute on Americans, evidenced by diminishing consumer confidence. Trump […]
