Beijing has ‘sufficient reserve of policy tools’: Chinese Premier Li Qiang over Trump’s tariff war

[ad_1] Representative image China’s second-highest leader Li Qiang said on Tuesday that the country has the necessary tools to handle economic challenges, following widespread tariffs imposed by the United States, China’s main trading partner. “China’s macroeconomic policy this year takes full account of various uncertainties and has a sufficient reserve of policy tools,” Premier Li […]

Trump’s crypto czar’s 5-word verdict on tariff as stock market looks up

[ad_1] As US stocks looked up Tuesday after days of bloodbath, President Donald Trump’s crypto czar David Sacks posted a five-word verdict that ‘Black Monday hoax is over’ — taking a swipe at experts and naysayers who predicted doom for the markets as a result of Donald Trump’s reciprocal tariffs. US stocks were higher Tuesday, […]

Trump’s approval rating today: Majority of Americans consider tariff as ‘largest peacetime tax hike’

[ad_1] Donald Trump faces challenge as his tariffs hit global economy. As America grapples with volatile markets triggered by Donald Trump’s reciprocal tariffs to countries, a new YouGov Survey revealed that a majority pf American adults are deeply skeptical about the policy and more than half of those polled said they regard the policy as […]

‘Mistake on top of a mistake’: China hits back at Trump’s additional 50% tariff threat

[ad_1] China vows to fight US tariffs ‘to the end’ China on Tuesday vowed to retaliate against the United States if President Donald Trump goes ahead with his threat to impose fresh 50 per cent tariffs on Chinese imports. Reacting to Trump’s new threat, China hinted of imposing more retaliatory tariffs on American products. Beijing […]

‘Extremely turbulent’: Russia ‘monitoring situation closely’ as oil prices fall after Trump’s tariff

[ad_1] Russia on Monday said that the global oil market is experiencing significant volatility following the United States’ implementation of “Liberation Day” tariffs on numerous countries. Trading data shows that on London’s ICE, Brent crude oil futures contracts for June 2025 delivery fell below $63 per barrel at 10.08 am Moscow time (7.08 am GMT), […]

MAGA billionaires balk at Donald Trump’s tariff gambit, warn of ‘economic nuclear winter’

[ad_1] TOI correspondent from Washington: Prominent Trump acolytes and business leaders are jumping of the MAGA tariff train as the US President’s gambit — capricious to some and audacious to others — threatens to derail global trade and commerce that he wants to re-order.In the first signs of dissent in the higher MAGAsphere, Elon Musk […]

Trump Tariff Penguins: Did AI put penguin islands on Trump’s tariff list? Howard Lutnick confirms whether it was a mistake

[ad_1] Howard Lutnick clarified why penguin islands have been taxed. Donald Trump‘s commerce secretary Howard Lutnick clarified that a 10% baseline tax on the Heard and McDonald islands — which are literally inhabited by only penguins — was not a mistake and not an AI thing. As Lutnick appeared on CBS’ Face the Nation, host […]

‘Me stabbing Xi’: SNL decodes Donald Trump’s trade tariff formula | World News

[ad_1] On April 5, Saturday Night Live opened with James Austin Johnson’s Donald Trump standing at a podium, selling the American public on his latest economic strategy: tariffs, or as he calls them, “short for terrific idea.” The sketch was inspired by Trump’s real-life April 2 press conference, where he used a baffling chart to […]

After Trump’s tariffs, stocks plunged but penguin memes ticked up

[ad_1] 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 […]

Brooke Rollins: Who is Brooke Rollins? Trump’s agri secretary at heart of tariff policy debate

[ad_1] File photo: US agriculture secretary Brooke Rollins (Pictur credit: AP) US agriculture secretary Brooke Rollins, who took up the charge previous month, has stirred fresh debate over the future of US President Donald Trump’s trade tariffs after her recent TV appearance. Rollins was seen dodging direct questions on whether the levies would remain in […]