trump – Page 195

JP Morgan predicts US recession by 2025-end due to Trump tariffs

J P Morgan projected that the United States will slip into a recession by the end of 2025, attributing the decline largely to President Donald Trump’s newly announced reciprocal tariffs. The forecast comes days after Trump imposed sweeping duties on imports in a bid to rebalance trade ties, with further hikes targeted at countries with […]

US tariffs wipe out $9 trillion in global markets; Trump says will ‘supercharge economy’

Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly […]

Watch: Trump posts video of US airstrike on Houthis says, ‘They will never sink our ships again!’

US President Donald Trump posted a video on his social media handles showing what he claimed was an American airstrike that killed dozens of Houthi fighters in Yemen. The black-and-white footage appeared to have been filmed from a drone or military aircraft and shows a group of people gathered near a road, marked by a […]

China strikes back at Trump with own tariffs

China has struck back at President Trump on Friday. In a rapid fire series of policy announcements from Beijing, including 34% across-the-board tariffs, three Chinese govt agencies showed that China has no intention of backing down in the trade war that Trump began this week with his own steep tariffs on imports from around the […]

Trump abruptly fired NSA director, his deputy: Report

WASHINGTON: President Donald Trump has abruptly fired the director of national security agency (NSA), according to US officials and members of Congress, but White House and the Pentagon have provided no reasons for the move.Senior military leaders were informed Thursday of the firing of Air Force Gen. Tim Haugh, who also oversaw the Pentagon’s Cyber […]

Trump Tariffs TikTok Deal: Were Donald Trump’s tariffs responsible for delay in TikTok deal?

Were Trump’s tariffs responsible for delay in TikTok deal? (Picture credit: AP) A long-anticipated deal to shift TikTok’s US operations into American hands was nearly sealed, until US President Donald Trump’s sweeping new tariff announcement derailed it, according to sources familiar with the negotiations, reported news agency Associated Press.The Trump administration had been working for […]

Supreme Court Decision: Supreme Court backs Trump in scrapping $600m education grants linked to DEI

File photo: US President Donald Trump (Picture credit: AP) The US Supreme Court on Friday handed a major victory to the Trump administration by allowing it to terminate over $600 million in federal teacher-training grants, part of its broader campaign to dismantle diversity, equity, and inclusion (DEI) initiatives. The 5-4 decision overruled a lower court’s […]

Donald Trump Golf Florida: ‘Great time to get rich’: Donald Trump spends day at Florida golf course as markets tumble

Donald Trump spends day at Florida golf course as markets tumble (Picture credit: AP) As financial markets continue to reel from a sweeping new tariff plan, US President Donald Trump spent his weekend in Florida, playing golf and attending a lavish $1 million-a-plate dinner, doubling down on his hardline economic strategy and dismissing mounting fears […]

Dow Jones Today: Donald Trump says ‘only the weak will fail’ amid tariff chaos, Wall Street bloodbath

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 […]

‘Stop playing politics!’: Donald Trump urges Fed Chair Jerome Powell to slash rates

‘Stop playing politics!’: Donald Trump urges Fed Chair Jerome Powell to slash rates (Picture credit: AP) US President Donald Trump on Friday called on Federal Reserve Chair Jerome Powell to cut interest rates immediately, even as the central bank faces mounting pressure over inflation concerns triggered by his administration’s sweeping new tariffs.“This would be a […]