Donald Trump has found a new villain. After months of railing against India for buying Russian oil and hammering New Delhi with punitive tariffs, the US president is now training his guns on China. In his latest Truth Social post, Trump thundered that Nato nations must “stop buying oil from Russia” and unite to impose…
Trump tariffs: Despite the Trump-Putin meeting and the Trump-Zelensky meeting, uncertainty over the Russia-Ukraine war persists, and disputes over trade tariffs are still ongoing. A strategic convergence is reshaping the world’s economic architecture in the corridors of power from Beijing to Moscow to New Delhi. What appears as diplomatic pleasantries masks one of our time’s…
Global markets today: Asian markets showed a mixed trend on Monday, with investors closely monitoring the People’s Bank of China’s upcoming decision on the 1-year and 5-year loan prime rates for July, along with recent trade-related developments. South Korea’s markets opened on a positive note, with the Kospi index rising 0.45 per cent, while the…
Global markets today: Asian markets trade mix on Tuesday, July 15, as investors seem to brush aside the uncertainty surrounding U.S. President Donald Trump’s fluctuating tariff stance and shift their focus to upcoming economic data from China. Japan’s Nikkei 225 remained largely unchanged, while the broader Topix index rose by 0.32 per cent. Japan’s 10-year…
Global markets today: Asian markets open on a mix note on Monday as investors react to the 30 per cent tariffs imposed by U.S. President Donald Trump on the European Union and Mexico over the weekend. Japan’s Nikkei 225 had slipped 0.33 per cent, while the broader Topix index edged lower by 0.21 per cent….
U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait. “I don’t want them to go higher because at a certain point you make it where…
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…