US President Donald Trump slammed India’s import duties in his first speech to a joint session of Congress on Wednesday. Trump specifically targeted India’s tariffs on automobile imports saying, “India charges us auto tariffs higher than 100 per cent.”
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Donald Trump: US will mediate Ukraine ceasefire
Gold eased to $2,920 an ounce on Friday, after hitting a record-high of $2,939.99 earlier in the session, as markets assessed global demand for safety and the Fed’s monetary policy outlook.
Donald Trump announces 25% tariff on steel, aluminium imports into US
US President Donald Trump announced new 25% tariffs on all steel and aluminium imports into the country, marking a significant escalation in his trade policy. Speaking to reporters aboard Air Force One en route to the NFL Super Bowl, Trump revealed that the official announcement will come on Monday.
Trump does dirty business again
Just when the global markets were coming to terms with Trump’s disruptive trade policies, the US President announced his paln to impose reciprocal tariffs on countries, instead of a blanket tariff. This has further muddied the trade waters and increased volatility in markets.
What to expect from the next Nonfarm Payrolls report?
Economists expect non-farm payrolls to increase by 170,000 jobs in January after a 256,000-job increase in December. The unemployment rate (UE) is likely to remain at 4.1% over the same period.
What’s DeepSeek, China’s AI startup sending shockwaves through global tech?
DeepSeek, a little-known Chinese startup, has sent shockwaves through the global tech sector with the release of an artificial intelligence (AI) model whose capabilities rival the creations of Google and OpenAI.
Will Donald Trump unleash Wall Street?
According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated upon Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast. Now, with the inauguration of Mr Trump imminent, American financiers will discover just how much cause they have for celebration.