Since January, Donald Trump has imposed levies on multiple trading partners and imports. Washington, United States: US President Donald Trump said Sunday he had “no intention” to ease steel and aluminum tariffs as Washington edges towards an all-out trade war with major partners. Since January, Trump has imposed levies on multiple trading partners and imports … Read more
Montreal: Canada is reviewing a major purchase of US-made F-35 combat planes amid serious tensions with the Trump administration, a spokesperson for the Canadian defence ministry told AFP on Saturday. That announcement came two days after Portugal said it too was reexamining a possible purchase of American F-35 fighter jets amid rising international anger over … Read more
Billionaire and DOGE head Elon Musk’s companies, Tesla and SpaceX, have sent letters to the US Trade Representative (USTR) Jamieson Greer highlighting the issues with Donald Trump’s tariff policies. EV maker Tesla has cautioned about the negative consequences on its business from tariffs imposed by other countries on US-made products in response to duties imposed … Read more
(Bloomberg Opinion) — This is Bloomberg Opinion Today, the right to organize Bloomberg Opinion’s opinions. Sign up here . Nia-Malika Henderson has a serious question: “How do you sell America on a recession?” Because encouraging us all to buy backyard chicken coops doesn’t seem to be working. Nor are angry statements on Truth Social about how “The Entire World is RIPPING US … Read more
Berserk bullies generally halt when someone stands up to them. That is what is happening to America’s President of seven weeks, Donald Trump. His tirade against friends, allies and neighbours initially caught them off guard. It took them some time to collect themselves, although they tried to mollify him, promising some concessions and offers to … Read more
US President Donald Trump’s brinkmanship with China is escalating with the announcement of a fresh 10% tariff, along with 25% duties on imports from Canada and Mexico on March 4. Given the 10% levy imposed by the US that came into effect last month, Chinese exports to the U.S. are set to face duties of … Read more
Washington, DC: US President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by America’s northern allies. Starting past midnight, imports from Canada and Mexico are now to be taxed at 25 per cent, with Canadian energy products subject to 10 per … Read more
Two days after US President Donald Trump berated Ukrainian leader Volodymyr Zelensky at the White House on live television, European leaders met in London to present a united front to support him. They agreed on a plan to achieve peace in Ukraine with some security guarantees, though they still want the US to provide military … Read more
Washington, DC: As US President Donald Trump’s tariff hike for Mexico, Canada, and China kicks in on Tuesday, Ottawa and Beijing are already ready with countermeasures aimed at safeguarding their rights and interests. Canada will slap tariffs on US imports beginning Tuesday in response to levies pledged by America, Prime Minister Justin Trudeau said on … Read more
New Delhi: Stock markets across the globe sank after US President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump’s comments made on Monday struck fears of a trade war in North America and sent financial markets reeling. The US stocks tumbled sharply in late afternoon trading, … Read more
Elon Musk’s net worth fell by $22.2 billion Tuesday – his fourth-largest one-day loss – as stock markets faltered on skepticism about potential tariffs and ongoing federal cost-cutting efforts. Tesla Inc, which makes up more than half of Musk’s fortune, was particularly hard hit after reports that its sales in Europe – where Musk’s favorability … Read more
Washington, United States: US President Donald Trump on Thursday claimed that the BRICS nations have “broken up”, days after he threatened them with 100 per cent tariffs if they tried to seek an alternative for the US dollar. “BRICS states were trying to destroy our dollar. They wanted to create a new currency. So when … Read more