Asian shares plunge as US markets reverse gains, Japan’s Nikkei down 5.6%: 10 things to know

[ad_1] NEW DELHI: Asian markets on Friday slumped with Tokyo’s Nikkei 225 nosediving over 5.6% in early trade, as investors reacted to mounting fears that the US-China trade war is spiralling out of control. The fresh jitters come a day after Wall Street erased much of its historic rally, triggered earlier in the week by […]

US China Tariffs: ‘I’ve heard of worse things’: Trump reacts to China’s ban on Hollywood movies after 145% tariff; ‘Xi’s been a friend of mine’

[ad_1] Trump said Thursday Xi has been a good friend. President Donald Trump again expressed optimism that the tariffs and counter-tariffs between the US and China would ultimately reach a deal. As he addressed a cabinet meeting on Thursday amid the trade war, Trump reiterated that he has a great respect for Chinese President xi […]

Trump Tariff Insider Trading: ‘I love this guy’: Trump’s response to tariff question mentioning Schumer, Nancy Pelosi goes viral amid insider trading row

[ad_1] Donald Trump administration has been accused of insider trading. Amid accusations of insider trading triggered by President Donald Trump‘s “great time to buy” post hours before he made a dramatic U-turn on his tariffs, a video of Trump praising a reporter is doing the rounds. The reporter asked Trump a question mentioning Nancy Pelosi, […]

Bashar Masri Donald Trump: Billionaire Bashar Masri, close to Trump admin, resigns from Harvard post following accusations of helping Hamas

[ad_1] American businessman Bashar Masri has been accused of directly helping Hamas in the October 7 attack. Palestinian-American businessman Bashar Masri, who was advising the Donald Trump administration until recently, resigned from his post in the dean’s council at Harvard University’s Kennedy School of Government after he was accused of directly helping the Hamas in […]

Trump Tariff: Yippy or depression? Which word caused Donald Trump’s tariff U-turn

[ad_1] Donald Trump said people were turning ‘yippy’ but insiders claimed he was turning ‘yippy’. As President Donald Trump walked back on tariffs, he said people were getting yippy and afraid as he announced that the reciprocal tariffs would take into effect after 90 days post the ongoing negotiation with the countries. Except for China. […]

MAGA wants crackdown on Chinese students: ‘Trump should deport Xi’s daughter’

[ad_1] US-China trade war shows no sign of de-escalation. With the US-China trade war escalating, MAGA activists pushed for a crackdown on Chinese students studying in US universities. Hundreds of students have lost their students’ visas in the recent few days as the Trump administration is targeting students with links to anti-Israel protests that rocked […]

Watch: Donald Trump accused of market manipulation after ‘friends make $2.5 billion and $900 million’

[ad_1] Trump took a U-turn on tariffs, putting a pause for 90 days. On Wednesday morning, US markets fluctuated until Donald Trump posted on Truth Social, advising it was an optimal time to purchase stocks. Approximately four hours later, he announced a 90-day tariff suspension, resulting in significant market gains.Criticism poured in after White House […]

Why Trump Paused Tariffs: Behind 90-day pause on tariffs: ‘Bessent, Lutnick told Trump their phones were…’

[ad_1] Donald Trump was under tremendous pressure from friends, CEOs, reports claimed. While the White House described Donald Trump’s U-turn on tariffs as “the art of the deal”, insiders aware of what transpired behind the announcement of the 90-day pause said there was tremendous pressure from CEOs, friends, GOP senators, markers and bond prices. Axios […]

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered | World News

[ad_1] WASHINGTON: President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China. The moves triggered a powerful stock market rally on Wall Street but left businesses, investors and America’s trading […]

‘They were stupid, incompetent’: Amid trade war with China, Trump blames Biden, Obama

[ad_1] NEW DELHI: US President Donald Trump on Thursday launched a scathing attack on his predecessors Joe Biden and Barack Obama, calling them “stupid” and “incompetent” for not taking on China earlier over trade issues.“I happen to pick the Resolute Desk, but I blame the people sitting behind this desk for being stupid and incompetent […]