Trump has labelled April 2 “Liberation Day”, insisting that the levies will free the United States from its reliance on foreign goods. Here are 10 points on this big story: On Sunday, the US president appeared to substantially expand his tariff plans, insisting that “all countries”…
$1.7 Trillion: Why Investors Are Betting Big On US Despite Recession Fears
Despite loud whispers of a slowdown—or even a potential recession—and despite President Donald Trump’s now-chaotic tariff tantrums, the US is gaining big in one key area that isn’t being talked about much: attracting capital. A staggering $1.7 trillion in foreign and domestic investment commitments, made in…
What Trump Has Tariffed, What May Follow
Washington: From champagne to steel and now cars: it is getting harder to keep up with US President Donald Trump’s growing tariff target list and the retaliatory measures by trade partners. Here is a rundown of what has been implemented, threatened and coming next in an…
Donald Trump Says He Has “No Intention” Of Easing Steel, Aluminum Tariffs
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…
Amid Tensions With Trump, Canada Reviewing Purchase Of F-35 Jets: Report
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…
Trump’s Approach To Indian Tariffs Reeks Of Bullying
US President Donald Trump is on a roll after his re-election, which he believes amounted to a validation of his thinking and policies on the entire gamut of US domestic and foreign affairs. Internally, the Democrats are in disarray after the election loss. With both the…
Trump’s 10% Tariffs Are Barely Enough To Make Xi Blink
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…
Are We Seeing The First Signs Of A Musk-Trump Rift?
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…
Is China Driving Trump Towards Putin?
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,…
China, Canada Retaliates To Trump Tariffs; Mexico Ready With Next Move
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…