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reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude. Brent futures fell $1.97, or 2.63%, to $72.98 a barrel by 0033 GMT. U.S. West Texas Intermediate crude futures were down $1.98, or 2.76%, to $69.73.

OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday. The intent to bid was sent this week to the White House by Zoop, billionaire Stokely's new company, and the Hbar Foundation, which manages the Hedera cryptocurrency network's treasury. While OnlyFans is known mainly for pornography, Zoop is mainstream and family-friendly, and gives back the majority of its revenue to those who post on the site, rewarding them for driving up user engagement.

STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a gap-down start GIFT Nifty on the NSE IX traded lower by 301 points, or 1.28 per cent, at 23,129.50, signaling that Dalal Street was headed for gap-down start on Thursday.

Subscribe to enjoy similar stories. New Delhi: As US President Donald Trump unleashed his global tariff war from the White House, India found itself grappling with a new regime that stopped short of full reciprocity but still posed significant trade barriers. With Trump deciding to charge half of the tariffs a country imposes on American imports, Indian exports to the US face a 26% tariff.

Subscribe to enjoy similar stories. The first quarter of 2025 hasn’t been kind to the world’s billionaires. Among the top 10 richest people in the world, only Bill Gates and Warren Buffett added to their fortunes in this period, according to the Bloomberg Billionaires Index.

Bitcoin fell late Wednesday after President Donald Trump’s latest tariff announcement roiled markets. 

Treasury Secretary Scott Bessent said Wednesday the sell-off in the stock market is due more to a sharp pullback in the biggest technology stocks instead of the protectionist policies coming from the Trump administration.

Beginning April 3, the US would levy a 25% tariff on fully assembled cars from India. By May 3, similar tariffs were expected on auto parts, raising concerns in India’s auto sector, which is one of the country’s largest exporters to the US. Announced during the “Make America Wealthy Again” event, the tariffs were part of Trump’s broader "Fair and Reciprocal Plan," under which the US would impose tariffs equivalent to those levied by other nations on US goods. On March 26, Trump officially announced the imposition of 25% tariffs on foreign-made cars and auto parts. These tariffs were set to go into effect on April 2, targeting a critical sector that includes exports of fully assembled vehicles and auto components. The impact of these tariffs is particularly concerning for India.

«April 2, 2025 will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again. Our country and its taxpayers have been ripped for more than 50 years but it isn't going to happen anymore. In a few moments i will sign a historic executive order for reciprocal tariffs 'throughout the world,» he said. «This is one of the most important days in American history. With today's action we are finally going to be able to make american great again, greater than ever before. More production at home will mean lower prices for consumers. For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike,» the 47th US President said. After weeks of anticipation, President Donald Trump unveiled a new set of tariffs on both allies and adversaries, aiming to address what he describes as unfair trade practices. The tariffs, which Trump announced on what he referred to as “Liberation Day,” are designed to boost US manufacturing and punish countries for trade imbalances. Under the "Fair and Reciprocal Plan," the US will impose tariffs equal to the ones that other nations have placed on U.S. goods.

Donald Trump's agenda of deep cuts and trade protectionism, as per a report. There have been successes to slow the Trump juggernaut in court, but the lack of a coherent plan in Congress has frustrated anti-Trump Americans who have been clamoring for leaders able to show some fight, AFP reported. So there was jubilation Tuesday when a Democratic-backed candidate won the controlling seat on the Wisconsin Supreme Court, the top judicial body in one of the most closely-fought swing states. Republicans hung on to two House seats in Florida on the same night, but with leads greatly reduced from Trump's 2024 victory margins — worrying lawmakers in much more vulnerable seats ahead of next year's midterms. «Last night's results were the shot in the arm Democrats needed,» said political analyst Andrew Koneschusky, a former senior Democratic staffer in the US Senate.

Kansas City Chiefs star’s most recent revelation has fans buzzing. Travis Kelce believes his high-profile romance with Taylor Swift has influenced his game. After a disappointing season and Super Bowl loss, he's taking a break from the spotlight. With both enjoying some downtime, the couple is focusing on resting and reconnecting away from public scrutiny. Travis and Taylor have come to the realization that «so much attention on their relationship is not the best thing,» according to US Weekly. The couple is taking a much-needed break from their hectic public life, which Kelce believes may have contributed to his on-field difficulties the previous season.

Mallory McMorrow has announced her candidacy for the US Senate seat, currently held by Democrat Gary Peters. Senator Peters is set to retire in 2026. The 38-year-old Democrat has become the first prominent candidate to formally enter the race. Her entry has set the stage for what is expected to be one of the most competitive and expensive senate battlers of the midterms. McMorrow, who represents a suburban Detroit district, positioned herself as a fresh alternative to the Democratic Party’s current leadership, the reports stated. The politician, in her campaign launch video, called for a ‘new generation of leadership’. She also criticised party veterans for their failure to offer a clear plan to counter President Donald Trump’s influence.

Elon Musk may quits DOGE: In an unexpected turn of events, Elon Musk may have stepped down from his involvement with DOGE and, even more surprisingly, his government role under President Trump. Reports are circulating that Musk has chosen to retreat from his governmental responsibilities, a move that has rattled Washington and sent Tesla stock soaring. But why now, and what does this mean for the future of both Musk’s business empire and his political ties to Donald Trump?

Factory orders rose 0.6% after an upwardly revised 1.8% rebound in January, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast factory orders would climb 0.5% after a previously reported 1.7% advance in January. Factory orders gained 1.5% on a year-on-year basis in February. Manufacturing, which accounts for 10.2% of the economy, could be crippled by President Donald Trump's barrage of tariffs since returning to the White House in January. Trump promised to announce global reciprocal tariffs on Wednesday, which he has dubbed «Liberation Day.» He sees tariffs as a tool to raise revenue to offset his promised tax cuts and to revive a long-declining U.S. industrial base. Economists disagree and view the import duties as harmful. An Institute for Supply Management report on Tuesday showed its manufacturing PMI slipped back into contraction territory in March after two straight months of expansion, with businesses overwhelmingly expressing concerns about tariffs. Domestic manufacturers rely heavily on imported raw materials. The import taxes are expected to increase production costs, which are passed on to buyers of the finished products. Companies could also lay off workers to protect profit margins. Commercial aircraft orders slipped 5.0%. Orders for motor vehicles, parts and trailers increased 1.9%. Transportation equipment orders advanced 1.5%. Orders for computers and electronic products were unchanged, while those for electrical equipment, appliances and components rebounded 1.9%.

reciprocal tariffs of the US as it could severely hurt MSME shipments to America in the short run, Federation of Indian Export Organisations President SC Ralhan said on Wednesday. He suggested that the government should come forward and support exporters to deal with these tariffs. «Reciprocal tariffs in the range of 10 per cent are manageable but beyond that will have serious implications on Indian exporting community, particularly MSMEs. The duties will have a short-term impact on India's exports to the US as both the countries are negotiating a bilateral trade agreement,» Ralhan told PTI. The US tariffs will definitely impact demand for Indian goods in the US market, he said adding buyers are already holding orders as there is an uncertainty over import duties. Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery, may get impacted if the US goes ahead with imposing reciprocal tariffs on Indian products. US President Donald Trump has said the tariff announcements, scheduled for early morning Thursday (India time), will amount to a 'Liberation Day' for the US.

“Liberation Day in America!” But while the U.S. president celebrates what he claims will be an economic revival, one country in particular is bracing for what could be a financial disaster. Standing in the Rose Garden of the White House, Trump is set to unveil a sweeping wave of tariffs targeting multiple countries, a move he believes will restore American industry. White House press secretary Karoline Leavitt hinted that these measures would include reciprocal tariffs, ensuring that if a country taxes American goods, the U.S. will return the favor—dollar for dollar. While most details remain under wraps, one policy has already been confirmed: a 25 percent import tax on all foreign-made cars entering the U.S. The crackdown on vehicle imports begins today, with businesses importing cars set to face charges starting April 3. By May, even car parts will be hit.

Elon Musk, who spent millions opposing her. The most expensive race of its kind drew national attention, owing to Elon Musk's significant investment in Brad Schimel's campaign, which ultimately failed to sway voters. The ostensibly nonpartisan race turned into the costliest state Supreme Court race in American history, serving as the first significant battleground state election of President Donald Trump's second term. Following Crawford's win in the first battleground state election of Donald Trump's second term, liberals will continue to hold a slim majority on the court. According to NBC News, Democratic-backed Dane County circuit judge Susan Crawford defeated former Republican attorney general Brad Schimel, a Waukesha County circuit judge, to win a 10-year term on the court. Donald Trump and Elon Musk, his multibillionaire advisor, suffer as a result.

Trump Tariff News LIVE: US President Donald Trump is all set to announce reciprocal tariffs on 2 April, which will immediately come into effect. Donald Trump has styled the new US tariff plans as coming on America's "Liberation Day".Earlier, the White House had slammed India for imposing a 100 per cent tariff on America’s agricultural products and highlighted similar trade barriers in the EU, Japan, and Canada.According to reports, quoting US Treasury Secretary Scott Bessent, the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April 3.Experts suggested that US companies which import goods will have to pay the new taxes soon after the announcement, while alarming the situation raises the possibility of a recession in the US and in other countries.Stay tuned with Live Mint for all the LIVE action.“April 2, 2025, will go down as one of the most important days in modern American history," White House press secretary Karoline Leavitt said on Tuesday.Trump Tariff News LIVE: Donald Trump is expected to address the media at 4 pm ET on April 2, which is 1:30 am IST on April 3.Trump Tariff News LIVE: The Indian currency plunged on Wednesday with the markets awaiting for US President Donald Trump to announce US reciprocal tariffs.

Elon Musk who is now working in the US Justice Department previously bragged about hacking and distributing pirated software, according to archived copies of his former websites reviewed by Reuters. Christopher Stanley, a 33-year-old engineer who has worked at both Musk's social media company X and space-launch company SpaceX, is a senior advisor in the Deputy Attorney General's office, according to a former Justice Department official and a staff directory listing reviewed by Reuters. Stanley was assigned there while working for Musk's Department of Government Efficiency that President Donald Trump set up to slash the federal bureaucracy. Musk has said no «organization has been more transparent» than DOGE, but there's been little public information on the responsibilities and background of its staff.

Lawmakers have been scrutinizing the company since a January 2024 mid-air emergency involving a new 737 MAX 9 that was missing four key bolts raised fresh questions about Boeing's quality and safety culture, as well as regulatory oversight. «New leadership at Boeing will get a chance to tell Congress how they are implementing new safety standards and creating a stronger safety culture,» said Senator Maria Cantwell, the top Democrat on the committee. Ortberg will tell senators Boeing made «serious missteps» in recent years but has since made «sweeping changes», according to a copy of prepared testimony seen by Reuters and confirmed by the planemaker. «Boeing has made serious missteps in recent years — and it is unacceptable. In response, we have made sweeping changes to the people, processes, and overall structure of our company,» Ortberg will say in his written testimony.