Donald Trump News

Inditex Chief Executive Officer Oscar Garcia Maceiras said constantly changing news on tariffs and geopolitics was making it difficult to make long-term predictions, the latest business leader to highlight the impact of uncertainty as U.S. President Donald Trump overhauls trade and foreign policy.

U.S.-Canada tariff war has taken a deliciously petty turn, and this time, the battlefield is not the political stage but the sandwich board of a Canadian café. In response to President Donald Trump’s latest round of economic threats—and his bizarre proposal to make Canada the 51st U.S. state—a local eatery has introduced a culinary masterpiece that has the internet howling: The Trump Sandwich. So, what’s inside this politically seasoned delicacy? According to the café’s chalkboard menu, it’s served on “White Bread, Full of Baloney, with Russian Dressing and a Small Pickle.” The not-so-subtle jab at Trump’s policies, persona, and alleged Russian ties has turned the sandwich into an instant internet sensation.

Kremlin spokesperson Dmitry Peskov said Wednesday that it's important not to «get ahead» of the question of responding to the 30-day ceasefire proposal. He told reporters that Moscow is awaiting «detailed information» about it from the US and suggested Russia must get that before it can take a position. The Russian missiles killed four Syrian men between the ages of 18 and 24 on a ship docked at the southern port of Odesa late Tuesday, where it was loading Ukrainian wheat for Algeria, Infrastructure Minister Oleksii Kuleba said. Another missile killed a woman in Kryvih Rih, President Volodymyr Zelenskyy's hometown in central Ukraine, authorities said. The American help is vital for Ukraine's shorthanded and weary army, which is having a tough time keeping Russia's bigger military force at bay. But for Moscow, more American aid spells potentially more difficulty in achieving its war aims and likely will be a tough sell in Moscow for Washington's peace efforts.

United States President Donald Trump’s back-and-forth tariff threats are galvanizing an “invest in Canada” movement that’s prodding pensions to keep more of their cash at home.

Subscribe to enjoy similar stories. Tesla shares were at a five-month low, Tesla showrooms in the US are being vandalized, Tesla cybertrucks were set on fire in Seattle, and the electric vehicle maker’s sales are down in the US and Europe. That US President Donald Trump has bought a Tesla car might seem like good news, signalling support at the highest level.

Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin, extended their losses on Tuesday as concerns over U.S. economic growth intensified. Investors worried that escalating trade tensions could slow down the U.S. economy and push it into recession. Market sentiment weakened further after former U.S. President Donald Trump, in a Fox News interview, spoke about a «period of transition» but avoided predicting whether his tariff policies could lead to a recession. His comments added to investor uncertainty, triggering declines across cryptocurrencies, stocks, and the U.S. dollar, while Treasury yields also fell.

Iran's top diplomat said Wednesday an Arab country will soon deliver it a letter from US President Donald Trump, who has called for striking a nuclear deal with the Islamic republic. «The letter has not reached us yet but an envoy from an Arab country is set to deliver it soon in Tehran,» Foreign Minister Abbas Araghchi told reporters after a cabinet meeting. He did not elaborate on the identity of the Arab country or the timing of the letter's delivery. On Friday, Trump said he wrote a letter to Iran's supreme leader Ayatollah Ali Khamenei calling for talks to forge a new deal on Tehran's nuclear programme, or face a potential military option. But Iran has rejected talks under «maximum pressure» policy that Trump reinstated after his return to the White House in January.

recession this year and a risk of lasting damage to the country's standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan's chief economist. «Where we stand now is with a heightened concern about the U.S. economy,» Bruce Kasman, the U.S. investment bank's chief global economist, told reporters in Singapore on Wednesday. He said he has not yet revised any forecasts, but put a roughly 40% recession risk into the outlook — up from about a 30% chance he had reckoned on at the start of the year. J.P. Morgan's current forecast is for 2% U.S. GDP growth this year. U.S. stocks have suffered their sharpest selloff in months over recent days as investors have grown nervous that President Donald Trump will slow the economy with import duties. Ninety-five percent of economists polled by Reuters last week across Canada, Mexico and the U.S. said recession risks in their economies had increased as a result of Trump's tariffs.

Subscribe to enjoy similar stories. There are two silver linings to the current stock slump for bullish investors. When the stock market drops, investors may feel like the sky is falling.

Subscribe to enjoy similar stories. High-quality bonds are on sale, and Pimco Income fund manager Daniel Ivascyn is loading up on them. Ivascyn isn’t just any ordinary manager, and the $180 billion Pimco Income is no ordinary bond fund.

Subscribe to enjoy similar stories. Will 2025 go down in history with 1987 and 2008? At least one strategist with an impressive record thinks that could be the case. InvesTech Research’s Jim Stack has called more than his fair share of downturns.

Subscribe to enjoy similar stories. History will ultimately decide if President Donald Trump made America great again, but this much is certain: He’s made volatility great again. His muscular policies, coupled with his legions of adoring supporters, are politicizing the financial markets in ways that have rarely, if ever, been experienced in modern America.

Subscribe to enjoy similar stories. Uncertainty around tariff policy has weighed on consumer and business confidence in recent months, yet other indicators may prove better predictors of whether the U.S.

inflation is expected to decline to 2 per cent in February 2025 from 2.3 per cent in January, primarily due to a drop in oil prices and a seasonal decline in food prices, according to a report by Union Bank of India. The report highlighted that the moderation in WPI inflation is largely driven by a fall in vegetable prices, which is a key component of food inflation. It said «Wholesale Price Index (WPI) is expected to moderate to 2.0 per cent (y/y) in Feb'25, low from 2.3 per cent in previous month, due to cooling in oil prices and seasonal drop in food prices». Within food, vegetable prices are estimated to have dropped by 12 per cent month-on-month. However, edible oil prices saw a slight increase during the month. Additionally, manufactured food prices remained stable as the prices of key inputs like sugar and edible oil showed only a mild rise. The report also added that the fuel index, which tracks price changes in petroleum products, is expected to remain in the negative zone in February. This decline follows a slight increase in the past two months.

Subscribe to enjoy similar stories. ON THE battlefield Ukraine has more than once turned looming catastrophe into partial success against Russia. It might have pulled off a similar feat in the diplomatic realm on March 11th, when it agreed in principle to an American proposal for an “immediate" 30-day ceasefire.

U.S. Department of Education said on Tuesday it would lay off nearly half its staff, a possible precursor to closing altogether, as government agencies scrambled to meet President Donald Trump's deadline to submit plans for a second round of mass layoffs. The terminations are part of the department's «final mission,» it said in a press release, alluding to Trump's vow to eliminate the department, which oversees $1.6 trillion in college loans, enforces civil rights laws in schools and provides federal funding for needy districts. Asked on Fox News whether the firings would lead to the department's dismantling, Secretary of Education Linda McMahon said yes, adding that doing so «was the president's mandate.» The layoffs would leave the department with 2,183 workers, down from 4,133 when Trump took office in January. Before announcing the layoffs, the agency ordered offices in the Washington area closed to staff from Tuesday evening through Wednesday, according to an internal notice seen by Reuters. Similar closures served as a precursor to shuttering the headquarters of the U.S. Agency for International Development, the humanitarian aid agency, and the Consumer Financial Protection Bureau, which protects Americans against unscrupulous lenders.

U.S. inflation data later in the day to gauge the Federal Reserve's interest rate path amid trade tensions and economic slowdown fears.

Subscribe to enjoy similar stories. India has long been counted among the world’s top importers of arms. So, any slip in our worldwide rank grabs attention.

Subscribe to enjoy similar stories. Public discontent with inflation and high prices more than anything else weakened support for Kamala Harris and opened the door to Donald Trump’s return. Throughout the campaign, Mr.

House Speaker Mike Johnson, faced a DUI arrest following erratic behavior after former President Donald Trump’s recent speech to Congress. According to a police report, Haynes struggled with basic tasks during the incident, raising questions about his condition that night.

Trump's threat came after Ontario Premier Doug Ford retaliated against the US by imposing 25% tariffs on three American states—Michigan, New York, and Minnesota, and Ford also threatened to «shut the electricity off completely if America continues to escalate,» Daily Mail reported.