Washington: In a stunning turn of events, US President Donald Trump on Wednesday reversed his sweeping tariffs on most nations for at least 90 days. However, he ramped up pressure on China, on which the pause does not apply, further escalating a high-stakes confrontation between the world’s two largest economies. Instead, Trump slapped a punishing…
A single social media post having a 15-word sentence on X (formerly Twitter) triggered massive market volatility April 7 morning in the US, adding and erasing $2.4 trillion in S&P 500 value within an hour after falsely claiming President Trump planned to pause his controversial tariff program.The wild swing highlighted the market’s extreme sensitivity to…
A graduate of the renowned Harvard University with a doctorate in Law, Jim Cramer, the founder of TheStreet and CNBC host of the show “Mad Money”, warned global market investors about a potential bloodbath likely to happen after the stock markets reopen on Monday, April 7, reported multiple media outlets. Also Read | Can Indian…
Washington DC: Donald Trump has sniffed trouble brewing afar against the United States – one that may topple the US’s position as a dominant global power and end Washington’s ability to impose economic sanctions against those it deems fit for the case. The storm in question is the steadily-expanding BRICS+ grouping. Within hours of taking…