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Tag: economy

Did Donald Trump impose ‘the largest tax hike in our lifetime’? | Economy

Politicians and economists say President Donald Trump’s “Liberation Day” tariff rollout amounted to a historic tax increase in the United States. “Donald Trump just...

US stock market sinks lower after wild swings over Trump’s tariff plans | Financial Markets

President Trump threatens additional 50 percent tariff on China, as Beijing pledges to fight trade salvoes ‘to the end’.US stocks have mostly closed...

Hong Kong stock market plunges most since ’97 crisis amid tariffs panic | Financial Markets News

Benchmark Hang Seng Index plummets as much as 13.74 percent in horror day for Asia’s markets.Hong Kong’s stock market has suffered its steepest...

Trump digs in on tariffs as global stock markets go into freefall | Economy

United States President Donald Trump has brushed off the market turmoil caused by his sweeping tariffs, likening the measures to “medicine” as panicked...

Trump signals sweeping tariffs here to stay as futures market plunges

President Donald Trump indicated on Sunday night that the sweeping reciprocal tariffs he levied just last week are staying in effect, as the...

Navarro seeks to cool tension with Musk over tariffs: ‘There’s no rift here’

Musk took a shot at Navarro and his Harvard University degree over the weekend, in which he was critical of Navarro’s argument that...

Schiff contends Harris could not escape ‘status quo’ in 2024

Sen. Adam Schiff (D-CA) argued that former Vice President Kamala Harris was unable to distance herself from the “status quo” in the 2024...

Brooke Rollins touts 50 countries are calling Trump to negotiate tariffs

Agriculture Secretary Brooke Rollins argued that dozens of countries are contacting the White House following the Trump administration’s “Liberation Day,” contending that it...

Elon Musk backs ‘free trade zone’ between US and Europe | Politics News

Elon Musk calls for a US-Europe free-trade zone with zero tariffs while EU plans a response to US import duties.Tech billionaire Elon Musk...

Musk calls for ‘zero tariff situation’ between US, Europe

Top Trump adviser Elon Musk indicated on Saturday that he hopes the United States and Europe reach a “zero tariff situation,” just days...

US starts collecting Trump’s 10% baseline tariff

President Donald Trump‘s 10% baseline tariff on all imports from countries around the globe went into effect Saturday. The larger tariffs placed on...

Global markets swoon as Trump heads to the golf course | Donald Trump News

Two days after sending the economy reeling by announcing widespread tariffs, United States President Donald Trump headed to play golf at Mar-a-Lago, his...

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