Pedro Sánchez (AP photo) Spanish Prime Minister Pedro Sánchez has embarked on a diplomatic trip to Asia, visiting Vietnam as US tariffs on European Union products come into effect. Sánchez lands in Hanoi on Wednesday, where he will meet Vietnam’s top leader, To Lam. On Thursday, Sánchez is set to visit Ho Chi Minh City, […]
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 Qiang […]
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, setting […]
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 the […]
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 said […]
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), marking […]
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 publicly […]
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 Margater […]
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 explain […]
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 […]
