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Such conflicts, after all, are counterproductive in the first place. Raising levies on imports simply increases costs for domestic consumers, more than offsetting the benefits that local producers may enjoy from the higher prices they receive from the shift in spending. The best solution is just to stand aloof from this contest of economic self-harm, however much you’re provoked. That’s the case with most economies — but China, which has announced a 34% import tax against all US goods in response to President Donald Trump’s tariff blitz earlier last Wednesday, may be a rare exception. That’s because the world’s biggest manufacturer has spent decades building an economy that’s already largely war-proofed against blowback from its own trade practices. Consider the main items the nations trade with each other. The major products that the US imports from China are mostly things you’ll find in a Walmart Inc., at a shopping mall, or on Amazon.com Inc.: smartphones, computers, games consoles, furniture, toys and clothing. Slap a 54% tariff on these items, as Trump has done, and American consumers are going to notice pretty soon.

Protesters voiced anger over a range of issues: mass layoffs in the federal workforce, abortion restrictions, trade tariffs, and the gutting of public services. From Anchorage to Atlanta, demonstrators held signs warning of rising authoritarianism and falling living standards. “This outrageous administration is causing us to lose our allies across the world, and causing devastation to people here at home,” said Diane Kolifrath, 64, who travelled with 100 others from New Hampshire to protest in Washington. “They’re gutting our government.”

Zelensky on Saturday hailed «tangible progress» after meeting British and French military chiefs in Kyiv to discuss strengthening the Ukrainian army and ways to support the war-torn country after any end of hostilities with Russia. British Chief of the Defence Staff Tony Radakin and French counterpart Thierry Burkhard on Friday held talks with Zelensky, Ukrainian commander-in-chief Oleksandr Syrsky and Defence Minister Rustem Umerov. Zelensky wrote on social media on Saturday: «There is tangible progress and the first details on how the security contingent of partners can be deployed,» without giving details. French President Emmanuel Macron and British Prime Minister Keir Starmer are spearheading European efforts to send a «reassurance force» to Ukraine after any end to the war sparked by Russia's invasion in 2022. Zelensky thanked «the UK and France for their leadership», saying «it is this kind of joint work, when everyone is focused on a strong result, that helps to bring a reliable and lasting peace to Ukraine.»

2024 election was over, the then vice president Kamala Harris made the tough phone call to president-elect Donald Trump to concede the election. As expected, the call was tense and awkward, but new information from Chris Whipple's upcoming new book 'Uncharted: How Trump Beat Biden, Harris, and the Odds in the Wildest Campaign in History', highlighted just how uncomfortable the conversation actually was, as per a report. The call was arranged from her Naval Observatory residence in Washington D.C., with her campaign Chief of Staff Sheila Nix and White House Chief of Staff Lorraine Voles, reported Daily Mail. According to Whipple's book, «Nix called the president-elect on her cell phone — but for some reason couldn't merge the call with the vice president's phone. So Voles called Harris on hers — and she and Nix pressed the phones together,» quoted Daily Mail. After Trump picked up the call, Voles told Trump that, «The vice president is on the line,» as quoted in the report.

In a message addressed to Donald Trump, he states that only immediate action can prevent a global catastrophe.

US stock market has plunged this week as S&P 500, Dow Jones, and Nasdaq numbers were red. However, there are some Wall Street stocks that performed well. While, big tech stocks, specialty retailers, travel and energy companies took sizeable losses. Companies that focus on food, health care and other necessities gained ground or held relatively stable. Many investors in search of safer places to put their money shifted their focus to companies that tend to hold up during economic slowdowns and recessions. They figured that Americans still need health care, basic necessities such as food, soap and toilet paper, and electricity to power their homes. Plus the occasional alcoholic or carbonated beverage. Here are some companies that have managed to post gains or minimal losses for the week: Food Food makers, grocery stores, and restaurants all expect to feel an impact from higher costs on imported products. Food, especially at grocery stores, is among the many expenses that can't be completely cut out of a budget and will likely be grudgingly absorbed by people.

reciprocal tariffs" on more than 200 nations. The majority of countries received a standard tariff rate of 10%, while others were imposed tailored rates according to a given formula created by the US Trade Representative (USTR). This equation, designed to balance trade imbalances, establishes tariffs based on import, export, and demand elasticity factors. The following is a detailed explanation of how the Trump Tariff equation operates and what it implies for international commerce, as mentioned in a report by USA Today.

US president Donald Trump's wide-ranging tariffs, which caused markets to fall, the president from his private Mar-a-Lago club, posted on his social media platform Truth Social: «THIS IS A GREAT TIME TO GET RICH», reported AP.

reciprocal tariffs imposed by the US and has a first mover advantage as compared to other countries because of the Bilateral Trade Agreement (BTA) that the two are negotiating, officials said, adding that Indian exporters are better positioned to deal with the additional US tariffs as compared to their competitors. The country, they said, will take all measures to check dumping of goods from China as Beijing is slapped with steeper tariffs and work within the World Trade Organization (WTO) framework to prevent the dumping of excess capacity into its markets by countries hit by high US tariffs. “The government is there to protect domestic industry from any possibility of dumping of goods in such a situation,” said an official. New Delhi is also exploring measures to protect sensitive sectors like dairy and agriculture amid the trade war. While the reciprocal tariffs on India are 26%, those on China are 34%. India is also likely to gain from the US-China trade war.

US Secretary of State Marco Rubio said while America is willing to continue to help those affected by the Myanmar earthquake, other countries should also pitch in to provide humanitarian assistance during such crises worldwide. «Well, we're not the government of the world. No, we will provide humanitarian assistance just like everybody else does and do it the best we can. But we also have other needs we have to balance that against. We're not walking away from humanitarian assistance,» Rubio told the media at NATO Headquarters in Brussels on Friday. Rubio was responding to a question about the earthquake and how the US offered help during such incidents by saving lives on the ground through special equipment and experts. Rubio was asked if that was not happening because of the dismantling of the United States Agency for International Development (USAID). «There's a lot of other rich countries in the world. They should all be pitching in. We're going to do our part. We already have people there, we'll have more people there. We'll help as much as we can. It's not the easiest place to work. They have a military junta that doesn't like us and doesn't necessarily allow us to operate in that country the way we want to. That would have impeded our response no matter what,» he said.

Blake Lively is currently making headlines way too frequently as she is facing backlash from all corners. She is in the spotlight for all the wrong reasons. As her legal dispute with It Ends With Us co-star, Justin Baldoni, escalates, so does the backlash. With Hollywood insiders turning away and her popularity dwindling, Lively's public image is suffering greatly. Blake Lively's popularity has dipped to a new low as her legal battle with Justin Baldoni progresses. In her lawsuit against «It Ends With Us» co-star Justin Baldoni, who also directed and produced the film, Blake Lively is attempting to portray herself as a victim of sexual harassment and defamation. However, her public image is reaching a new low, as quoted in a report by the NewsNation.

US stock market has started witnessing a chaos. President Donald Trump's big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6 per cent on Friday, the Dow Jones Industrial Average plunged 5.5 per cent and the Nasdaq composite dropped 5.8 per cent. Wall Street went into free fall, following similar collapses in Asia and Europe. For a second straight day, markets plunged, wiping vast sums off investment and retirement portfolios alike. US Federal Reserve Chairman Jerome Powell warned the tariffs were likely to spur «higher inflation and lower growth», as per an AFP report. Losses in US financial markets were estimated at more than $6 trillion since Trump unveiled his «Liberation Day» tariffs. Trump, who unveiled his barrage of import duties against dozens of countries Wednesday, was unrepentant, posting that «my policies will never change,» AFP reported. «This is a great time to get rich,» he wrote.

The changes, introduced by the National Association of Realtors (NAR), have sparked debates over their impact on transparency, competition, and fair housing practices.

US president Donald Trump has posted claims by some of his supporters that indicate his economic moves are to intentionally crash the stock market, one ally referred to it as «a wild chess move,» within his «genius» economic strategy, reported LA Times.

Trump invoked the Alien Enemies Act, a 1798 law giving him immense powers to deport noncitizens in a time of war. His use of that law was aimed at Tren de Aragua, a Venezuelan gang that he has repeatedly and falsely claimed as part of an invasion of criminal immigrants. Over the next 24 hours, more than 130 Venezuelans were deported to an El Salvadoran prison even as a US judge ordered the planes carrying them to turn around. Here's what you need to know about the situation:

Trump has vowed his historic tariff blitz would revive domestic manufacturing, but industry worries about his approach are raising fresh doubts about whether he can deliver on his promise of an economic boom. In the Rose Garden on Wednesday, Trump declared “jobs and factories will come roaring back into our country” and predicted new “golden age” in America. Since then, he has stood by his decision to hike US tariffs to their highest levels in more than a century, even as the move sparked a global market meltdown. Some manufacturing advocates and economists questioned Trump’s underlying logic, saying supply chain issues, high costs, workforce needs and the laborious process of moving production to the US stand in the way. Continued uncertainty about Trump’s long-term policy could also have a chilling effect, they said. If the tariffs aren’t enough to convince companies to move operations to the US, it could mean Americans bear the heavy burden of the economic havoc Trump’s announcement unleashed without the promise of future benefits. That could heighten political risks for Trump and his fellow Republicans. “While we certainly agree we should aggressively pursue any policy that helps us make things in America, the idea that you can move every part of the manufacturing process back to the US does not align with reality,” said Kip Eideberg, senior vice president for the Association of Equipment Manufacturers.

It looked like a classic case of markets reacting to political risk. But Treasury Secretary Scott Bessent sees it differently. He’s pointing to something else entirely: the tech sector’s infatuation with artificial intelligence.

The worldwide sell-off for financial markets slammed into a higher, scarier gear

Is Trump actually playing a strategic ‘chess’ game—and are we all just pawns? On April 2, Trump unveiled sweeping new tariffs on foreign imports, calling the day “Liberation Day” for American industry. The move includes a 25% tariff on all foreign-made cars and a baseline 10% tariff on imports from every country not part of the USMCA trade deal—leaving the EU, UK, and others scrambling to respond. China, of course, fired back with a 34% tariff on U.S. goods. But as the political fallout begins to swirl, a viral social media theory is giving the chaos a dramatic twist.

Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs, according to a study by the industry body FICCI. India's exports of fish, meat, and processed seafood are valued at US USD 2.58 billion with six product categories--Frozen Shrimp, Frozen Fish, Fish Meal and Fish Feed, Frozen Squid, Surimi & Analogue Products, and Frozen Cuttlefish--accounting for 94 per cent of total export value. US is India's largest seafood export market, holding a 34.5 per cent share of total export value. Frozen shrimp dominates, contributing 91.9 per cent of the export value (USD 2.34 billion) and 90.4 per cent of the volume (2.97 lakh tonnes). «Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs,» the study said. India competes with countries like Canada, Ecuador, Indonesia and Vietnam in these categories. Other Latin American countries also compete in the market.

US stock market has slipped into its worst crisis since Covid as bear market fear sets in Wall Street investors. Nasdaq composite dropped 5.8 per cent, Dow Jones Industrial Average plunged 5.5 per cent, and S&P 500 fell 6 per cent. The losses came after China matched President Donald Trump’s big raise in tariffs announced earlier this week. Not even a better-than-expected report on the U.S. job market was enough to stop worries about the escalating trade war possibly causing a recession. The head of the Federal Reserve also warned about how tariffs can push up on inflation. On Friday, S&P 500 fell 322.44 points to 5,074.08, Dow Jones Industrial Average dropped 2,231.07 points to 38,314.86, and Nasdaq composite sank 962.82 points to 15,587.79. Russell 2000 index of smaller companies fell 83.51 points, or 4.4 per cent, to 1,827.03. For the week, S&P 500 is down 506.86 points, or 9.1 per cent, Dow is down 3,269.04 points, or 7.9 per cent, Nasdaq is down 1,735.20 points, or 10 per cent, and Russell 2000 is down 196.24 points, or 9.7 per cent. For the year, S&P 500 is down 807.55 points, or 13.7 per cent, Dow is down 4,229.36 points, or 9.9 per cent, Nasdaq is down 3,723.01 points, or 19.3 per cent, and Russell 2000 is down 403.13 points, or 18.1 per cent.