Donald Trump News
08.12 / 06:27
COST
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Merck
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Stockmarkets do not reward firms for investing in Trump’s America
Subscribe to enjoy similar stories. What do the following three companies have in common? Stellantis, owner of the Fiat, Jeep and Chrysler brands; Merck, which makes the world’s bestselling cancer drug; and Barry Callebaut, a Swiss chocolate-maker, which is particularly proud of its ruby flavour, neither sweet nor bitter. One answer: their capital-expenditure (capex) plans.
08.12 / 02:05
markets
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Manufacturing
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reports
China locked onto Japanese military fighters. How that could impact rare earths.
Subscribe to enjoy similar stories. Military tensions are increasing between China and Japan. Investors should take note.
07.12 / 10:05
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Puzzle
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President
In firing a policy bazooka to support growth, India’s central bank may have overlooked the consequences for its mandate
“Baptism by fire,” is how D. Subbarao had described his initial months as the 22nd governor of the Reserve Bank of India (RBI). Subbarao took charge in September 2008 in the shadow of the collapse of investment bank Lehman Brothers that led to the 2008-09 Global Financial Crisis and brought the world economy to its knees.
05.12 / 13:37
Digital
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Nov
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Bitcoin
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Trump family-backed companies are being left behind as crypto recovers
Subscribe to enjoy similar stories. Bitcoin and other digital assets are staging a recovery. Some crypto industry companies tied to President Donald Trump and his family aren’t keeping up.
04.12 / 08:35
Citi
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country
cover
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Affordability versus public goods: Why politics tends to put everyone on the losing side of this divide
It finally happened. Effective 13 November 2025, President Donald Trump of the United States of America exempted 225 agricultural items, fresh and processed, from tariffs termed ‘reciprocal’ but actually unilaterally country-specific. The new zero-tariff list is product-specific, not differentiated by country.
04.12 / 03:05
Analysis
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Putin’s India visit comes amid US tariffs and oil sanctions—what’s at stake for New Delhi
Subscribe to enjoy similar stories. Russian President Vladimir Putin begins a two-day visit to India on 4 December for the annual India-Russia Summit—his first trip to New Delhi since the start of the Ukraine war. The visit comes at a particularly sensitive moment for India’s foreign policy and energy security.
06.04 / 15:37
markets
Provident
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reports
Bangladesh grants Musk licence for Starlink rollout
The Starlink service will be unveiled at a government-backed investment summit that opens in Dhaka on Monday. «We granted them approval,» Chowdhury Ashik Mahmud, chairman of the Bangladesh Investment Development Authority, told reporters on Sunday. Mahmud said it was granted on March 28, several days before US President Donald Trump unveiled his wide-ranging tariff programme that sent global markets into a tailspin. The new tariff on Bangladesh goods was set at 37 percent, hiking duties from the previous 16 percent on cotton.
06.04 / 15:11
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Trade
Inside
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Donald Trump's tariffs spark panic inside the White House as Treasury Secretary Scott Bessent reportedly wants to quit amid market mayhem
The development comes amid growing concerns over the impact of the new trade policies on global markets and the U.S. economy.
06.04 / 15:11
markets
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Interviews
More than 50 countries have contacted White House to start trade talks, Trump adviser says
White House to begin trade talks, a top economic adviser to U.S. President Donald Trump said on Sunday as U.S. officials sought to defend sweeping new tariffs that have unleashed global turmoil. During an interview on ABC News' 'This Week,' U.S. National Economic Council Director Kevin Hassett denied that the tariffs were part of a strategy by Trump to crash financial markets to pressure the U.S. Federal Reserve to cut interest rates. He said there were would be no «political coercion» of the central bank. In a Truth Social post on Friday, Trump shared a video that suggested his tariffs aimed to hammer the stock market on purpose in a bid to force lower interest rates. In a separate interview on NBC News's Meet the Press, U.S. Treasury Secretary Scott Bessent downplayed the stock market drop and said there was «no reason» to anticipate a recession based on the tariffs. Trump jolted economies around the world after he announced broad tariffs on U.S. imports on Wednesday, triggering retaliatory levies from China and sparking fears of a globe trade war and recession.
06.04 / 13:29
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COST
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‘Looted’ nation: The ultimate guide to decoding Trump’s Liberation Day tariffs
Subscribe to enjoy similar stories. Chennai: In 1947, the US led 23 nations into signing the General Agreement on Tariffs and Trade (GATT). The effort was to lower trade and tariff barriers among nations.
06.04 / 11:05
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Trade
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India to focus on trade deal, avoids retaliation on US tariffs
Donald Trump’s tariff imposition, and is focusing efforts on negotiating a bilateral trade deal with the US to bring down duties, according to a Indian government official. The South Asian country is seeking dialogue and not confrontation, the official said, adding that India has first mover advantage compared to rivals in the region. India plans to work toward a balanced and equitable trade deal with the US, the official said. All options are up for negotiation, and both goods and services will be discussed, according to the official. The government is also in touch with exporters on the expected impact and will help if they reach out. Trump last week announced a 26% tariff on US imports from India, dealing a blow to exporters and risking exacerbating a slowdown in an economy already suffering from weak consumer confidence. A lower negotiated rate could provide some relief, though escalating global trade tensions are still a threat. During his visit to Washington after Trump’s return to the Oval Office, Prime Minister Narendra Modi and the US president agreed to negotiate a bilateral trade deal by the fall of this year.
06.04 / 10:55
markets
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Target
economy
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Equality
Fed is in “no hurry” to lower rates. Don’t be surprised by multiple cuts.
Subscribe to enjoy similar stories. President Donald Trump has already succeeded in two of his key economic goals, bringing down long-term interest rates and oil prices. That has been accomplished via a crash in asset values brought about by perhaps the largest tax increase in modern U.S.
06.04 / 09:17
COST
Action
Deloitte
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Why Deloitte is losing sleep over Elon Musk’s shadowy DOGE cost cutting mission
Deloitte, one of the world’s largest professional services firms, has emerged as the primary casualty of Elon Musk’s campaign to slash federal government spending. Since January, the Department of Government Efficiency (DOGE), led by Musk under Donald Trump’s second-term administration, has cut or modified 124 of Deloitte’s contracts, more than double the number axed from any other consultancy. The total value of these terminated contracts exceeds $1.16 billion, with DOGE claiming a $371.8 million saving for taxpayers. The largest of these was a $51 million IT services contract with the Department of Health and Human Services. Other impacted agencies include the CDC, NIH, and EPA. According to Fortune, the effects are already trickling down. Deloitte’s Government and Public Services division, which employs over 15,000 people, has started pulling staff off projects. Layoffs are expected.
06.04 / 09:03
06.04 / 08:07
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India's economy strengthened in February, but external weakness remains a worry, shows Mint tracker
Subscribe to enjoy similar stories. The Indian economy's performance showed some improvement in February as compared with the previous month, showed the 16-high frequency indicators tracked by Mint in its monthly macro tracker. The recovery was led mainly by tractor sales and Purchasing Managers’ Index (PMI).
06.04 / 08:07
markets
UPS
pandemic
Trade
President
War
country
The stock market had its worst week since the pandemic. Keep hope alive.
Subscribe to enjoy similar stories. He’s serious, and that’s seriously bad news for the stock market. President Donald Trump launched a major new phase in his trade war on Wednesday, imposing tariffs on nearly every country on the globe.
06.04 / 08:07
06.04 / 06:07
markets
UPS
Citi
President
Trump's tariffs sink Thai rice prices to three-yr low; India export prices near two-yr-low
Thailand declined to an over three-year low this week due to U.S. President Donald Trump's move to impose import tariffs and an existing market surplus, while India's export prices neared a two-year low on subdued demand. A flat 26% tariff was imposed on all goods being exported by India to the U.S., while Thailand's exports to the U.S. will attract 36%, Bangladesh 37% and Vietnam 46%. Thailand's 5% broken rice fell to $395-$400 per metric ton, its lowest since January 2022.
06.04 / 06:07
Myanmar
Freedom
country
reports
Courts
rights
Foreign journalists at US-backed media fear being sent to repressive homelands after Trump's cuts
Donald Trump recently signed an executive order gutting the government-run US Agency for Global Media. The agency funds Radio Free Asia and other outlets tasked with delivering uncensored information to parts of the world under authoritarian rule and often without a free press of their own. «It fell out of sky,» Vuthy, a single father of two small children, said through a translator about the Trump administration's decision, which he says threatens to upend his life. «I am very regretful that our listeners cannot receive the accurate news,» Hour said, also through a translator.
06.04 / 05:59
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Action
Strategy
Trade
President
War
country
India stays measured amid Trump’s tariff war, pushes for US trade deal
Subscribe to enjoy similar stories. New Delhi: India will refrain from taking retaliatory action against the US’ reciprocal tariffs or making sharp public responses against Washington, keeping trade diplomacy at the centre of its strategy, a senior government official said. As a global tariff war unfolds in response to US President Donald Trump’s additional tariffs on more than 60 nations, India is taking a calm and measured approach, positioning itself as a balanced negotiator, the official said.
06.04 / 04:03
markets
UPS
Manufacturing
economy
Trade
President
show
How will Trump tariffs affect retirement and 401Ks?
Donald Trump has said his reciprocal tariff policy was meant to stand up for the American worker, whom he portrayed as the victim of a decades-long shift toward unfettered globalization. His Rose Garden announcement on Wednesday pushed import duties to an average rate of around 22%, the highest in over a century.
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