US President Donald Trump (Pic credit: AP) Amid mounting criticism over plunging markets and global economic unease, US President Donald Trump has defended his aggressive tariff policy, insisting he “stands up for Main Street, not Wall Street.” “I’m proud to be the President for the workers, not the outsourcers; the President who stands up for […]
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 […]
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 […]
Washington: US President Donald Trump on Monday threatened fresh tariffs of 50 percent on China and ruled out any pause in his aggressive new global trade policy, despite a dramatic market sell-off. Trump upended the world economy last week with sweeping tariffs that have raised fears of an international recession and triggered criticism even from […]
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 […]
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 […]
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 […]
TOI Correspondent from Washington: MAGA supremo Donald Trump was all bravado on Friday as US stocks went into a dizzying downward spiral, wiping out another $ 2 trillion in investor money after China retaliated to his tariff gambit that has inflamed global markets. “China played it wrong, they panicked — the one thing they cannot […]
US President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House (Pic credit: AP) In a surprising turn of events, US President Donald Trump’s latest tariff announcement has sparked reactions worldwide, not just for a possible trade war but also for imposing tariffs on an island […]
