Stocks in Asia and Europe Fall Sharply as Trump Doubles Down on Global Tariffs: Live Updates

Since re-entering office, President Trump has issued a flurry of tariffs in an effort to rewire the global economy. On Wednesday, Mr. Trump unveiled his most aggressive policies to date, sparing few countries around the world. A 10 percent base line rate for the world went into effect on Saturday, with much higher ones for […]

Why Trump Is Punishing Law Firms

President Trump’s campaign of retribution has turned out to be far more expansive, efficient and creative than many expected. Michael S. Schmidt, an investigative reporter for The New York Times, explains what Mr. Trump has done in his first months in office and how his targets have reacted. Source link

‘It was close, but China changed because of tariffs’: Donald Trump on TikTok deal

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday claimed that a deal over the future of TikTok in the United States was nearly finalised but China pulled back in response to new American tariffs.Speaking aboard Air Force One, Trump said Beijing’s change of stance came after Washington slapped an additional […]

‘You have to take medicine to fix something’: Donald Trump after global markets tumble

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday doubled down on his decision to impose sweeping tariffs on imports from around the world, saying he would not back off unless trade imbalances with the US were addressed. Speaking to reporters aboard Air Force One, Trump acknowledged the economic uncertainty caused […]

Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

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 […]

Kilmar Abrego Garcia: Federal Judge again orders Trump administration to return man wrongly deported to El Salvador

Representative image (Picture credit: AP) A US federal judge has, for the second time, ordered the Trump administration to return a Maryland man wrongly deported to El Salvador, despite warnings he would face danger there.The man, 29-year-old Kilmar Abrego Garcia, remains jailed in El Salvador’s infamous Center for the Confinement of Terrorism (Cecot), after being […]

‘More than 50 countries reached out to Trump to begin negotiations’: Economic council director Kevin Hassett in defense of tariffs

Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]

Trump Aides Defend His Tariffs Amid Global Blowback

President Trump’s top aides raced to defend his expansive global tariffs on Sunday, downplaying the prospect that his new taxes on imports could cause a significant spike in prices or tip the U.S. economy into a painful recession. As Mr. Trump departed Mar-a-Lago for another day of golfing at his club in Jupiter, Fla., his […]

‘Tax the rich, not penguins’: Cheeky slogans at ‘Hands Off!’ protests target Trump, Musk

Thousands gathered at the ‘Hands Off’ protest Crowds in cities across the United States and beyond took to the streets on Saturday, raising homemade signs and chants aimed at US President Donald Trump and billionaire Elon Musk, in what organisers called the largest coordinated protest since Trump began his second term after assuming office this […]

‘It’s meaningless’: Iran top diplomat rules out direct negotiations with US

Iranian foreign minister Abbas Araghchi (AP file photo) Tehran on Sunday ruled out the possibility of direct negotiations with Washington, days after US President Donald Trump said he was open to speaking with Iranian leaders without intermediaries. Iranian foreign minister Abbas Araghchi dismissed the offer as “meaningless,” citing continued US threats and what he called […]