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Subscribe to enjoy similar stories. This week, the new US president addressed the US Congress in what turned out to be the longest speech in history. Apart from talking about immigration, geopolitical conflicts and making America great again, Donald Trump reiterated his strong stance on tariffs.

Lori Chavez-DeRemer is poised to become the U.S. Secretary of Labor under President Donald Trump, having cleared a key Senate procedural vote. A former congresswoman and Oregon mayor, she has a complex political history, once backing pro-labour policies but later aligning with Republican priorities. Her confirmation could shape labour laws, union rights, and workplace regulations in Trump's second term. With support from labour unions and some Democratic senators, her nomination signals both continuity and change for the Labour Department.

Oil prices were little changed on Friday but were set for their biggest weekly decline since October as the uncertainty around U.S. tariff policy is creating concerns about demand growth at the same time major producers are set to increase output. Brent futures rose 13 cents, or 0.19%, to $69.59 a barrel by 0217 GMT. U.S. West Texas Intermediate crude futures rose 8 cents, or 0.08%, to $66.44 a barrel.

jobs data due later in the day. Another reprieve of levies aimed at Mexico and Canada announced by U.S. President Donald Trump on Thursday offered little relief, keeping the safe-haven yen not far off its strongest against the greenback since early October.

President Donald Trump announced on Thursday that goods from Canada and Mexico covered by the U.S.-Mexico-Canada trade agreement (USMCA) will be exempted for a month from the 25% tariffs imposed earlier this week. The development comes a day after Trump exempted automotive goods from the tariffs.

Gold prices inched lower on Friday but were on track for a weekly rise as uncertainty around U.S. President Donald Trump's tariff plans firmed demand for bullion, while investors awaited for U.S. non-farm payrolls data later in the day.

On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior

This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February.

Trudeau said Thursday he expects Canada and the U.S. to be in a trade war for the foreseeable future after having what he called a colorful but constructive call with U.S. President Donald Trump this week. Trudeau said the two sides discussed tariffs, and that they are «actively engaged in ongoing conversations in trying to make sure these tariffs don't overly harm» certain sectors and workers. He also reiterated that «we will not be backing down from our response tariffs until such a time as the unjustified American tariffs are Canadian goods are lifted.» Trump launched a new trade war Tuesday by imposing tariffs against Washington's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin. Trump put 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy.

Elon Musk has called for the privatisation of the United States Postal Service (USPS). He argued that government-run entities should face market competition to drive efficiency. The proposal was made during a Morgan Stanley technology conference in San Francisco. His stand aligns with that of President Donald Trump’s on the matter.

Sun Country Airlines. The airline said that Flight SY593, which was headed for the Mazatlan International Airport in Mexico from MSP, was diverted «out of an abundance of caution in response to a security concern», according to CBS News.

energy stocks rallying on lower crude prices. Market sentiment also improved following U.S. President Donald Trump's temporary tariff reprieve on auto imports from Mexico and Canada. The benchmark BSE Sensex added 609.86 points or 0.83% to close at 74,340.09, while the broader Nifty 50 index closed at 22,544.70, higher by 207.40 points or 0.93%.

ALSO READ: 'Good luck Justin': Trump again mocks 'governor' Trudeau after 'somewhat friendly' 50-minute call

Subscribe to enjoy similar stories. The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century.

Bitcoin and other major cryptocurrencies slumped on Tuesday as investor optimism over a proposed US Crypto Strategic Reserve faded. The decline also came amid escalating trade tensions, with US President Donald Trump confirming tariffs on Canada, Mexico, and China would take effect within hours. Investors turned risk-averse after Trump announced that 25% tariffs on Canada and Mexico, along with a doubling of China levies to 20%, would be implemented from 05:01 GMT on Tuesday. Market concerns were further fueled by signs of economic strain, with U.S. factory gate prices hitting a nearly three-year high and supply chain disruptions intensifying.

Subscribe to enjoy similar stories. Soon after Donald Trump won the presidential election in November, Xi Jinping asked his aides to urgently analyze the Cold War rivalry between the United States and the Soviet Union. His concern, according to people who consult with senior Chinese officials, was that as President Trump gears up for a showdown with Beijing, China could get isolated like Moscow during that era.

Subscribe to enjoy similar stories. India's top B-schools, including Indian Institute of Management-Ahmedabad (IIM-A), are betting on external coaches and counsellors to help students ace the placements at a time when the job market has turned uncertain amid a slowing economy, set to be exacerbated by a trade war unleashed by US president Donald Trump.

Sensex and Nifty, opened higher for the second consecutive session on Thursday, driven by gains in auto, financial, and metal stocks. The rally followed US President Donald Trump's temporary tariff reprieve on automobile imports from Mexico and Canada. The BSE Sensex climbed 299 points (0.41%) to 74,032, while the Nifty50 advanced 99 points (0.44%) to 22,436 around 9:20 am.

Trump might turn to unconventional ideas to try to bring the ballooning U.S. debt under control, after the president insisted he won't cut popular health and retirement benefits. Some of Trump's advisers have espoused unorthodox ideas in recent months, including forcing foreign governments to swap Treasuries for cheaper bonds in order to reduce interest payments and selling residency cards to rich foreigners at $5 million a pop.

oversold market after early indications that the US may soften its stance on trade tariffs. The NSE Nifty gained 1.15%, or 254 points, to finish at 22,337. The BSE Sensex rose 1.01%, or 740 points, to close at 73,730.

California has paused rebate programs offering thousands of dollars to consumers who make their homes and appliances more energy efficient due to a Trump administration freeze on federal funding.