US President Donald Trump (File Image) US President Donald Trump on Monday declared that there is no inflation, despite global markets plunging following last week’s two-day meltdown on Wall Street. In a post on Truth Social, Trump said that the oil, food prices, and interest rates are down in the US market. He also called…
Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly…
NEW DELHI: During their talks with negotiators from Asean, Indian officials are facing a China problem. Whenever they seek to offer any concessions as part of the review of the trade deal, they look at Chinese companies that have set up a base in the 10-member bloc.It’s a problem that is encountered by every country…
President Donald Trump’s long-threatened tariffs have taken effect, launching the US into a full-scale trade war with China, Canada, and Mexico. These tariffs impose a 25% tax on imports from Canada and Mexico and a 20% tariff on Chinese goods, prompting swift retaliatory measures from all three countries. As a result, the cost of everyday…
