Donald Trump News

inflation and President Donald Trump's hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and relentless inflation that haunted the U.S. in the 1970s, even as markets remain upbeat on his pro-growth agenda.

Reserve Bank of India sold foreign currencies worth $35.4 billion on net basis in November and December to prevent excess volatility in rupee movement amid heightened dollar outflows from local equities as foreign investors started seeking safe haven for their investments after Donald Trump's victory in the US presidential election.

Subscribe to enjoy similar stories. With Donald Trump’s return to the White House, global markets are bracing for another wave of ‘America First’ policies. His renewed emphasis on domestic manufacturing and reduced reliance on outsourcing signals a continuation of his first-term agenda.

Subscribe to enjoy similar stories. India and the United States agreed to negotiate the first tranche of a mutually beneficial multi-sector bilateral trade agreement (BTA) by late September after president Donald Trump threatened to impose reciprocal tariffs on goods from India and several other countries. As he did in his first term, Trump continues to pressure India to lower its high and protectionist import duties on several goods, including luxury goods.

Donald Trump denounced Ukrainian President Volodymyr Zelenskyy as a «dictator» on Wednesday and warned he had to move quickly to secure peace or risk losing his country, deepening a feud between the two leaders that has alarmed European officials.

Federal Reserve meeting minutes signaled that it’s in no rush to cut interest rates. Stocks in Japan and Australia dropped while equity index futures for Hong Kong also drifted lower. Contracts for US stocks also slipped in early Asian trading after the S&P 500 climbed 0.2% on Wednesday to set a new high, with defensive sectors outperforming in a sign of investor caution. The yen extended its rally against the greenback on Thursday to trade around 151 per dollar.

«The ongoing indecisiveness in the index is keeping participants on edge, and this volatility may persist on Thursday. We maintain our view of adopting a stock-specific approach, focusing on resilient sectors and themes, particularly those holding strong even during market downturns, and accumulating them gradually,» said Ajit Mishra – SVP, Research, Religare Broking.

Defense Secretary Pete Hegseth has directed the military services to identify $50 billion in programs that could be cut next year in order to redirect those savings to fund President Donald Trump's priorities.

Subscribe to enjoy similar stories. The scimitar of import tariffs wielded by US President Donald Trump has sent investors and markets scurrying for cover across the world and across industries. On Wednesday, it was the turn of the pharmaceutical industry.

European Union would be agreeable to work upon beneficial trade agreements with the United States which could have a mutual advantage. This announcement comes along the lies of the EU willing to discuss about the future of tariffs on motor vehicles and other kinds of goods that are exported to the US.

The Canadian government has pulled the country’s banks into the fight against fentanyl, recruiting them to join a money-laundering intelligence group that aims to cut off the funds that support trafficking of the deadly drug.

Canadian inflation would have accelerated further in January were it not for Ottawa’s tax holiday, putting the Bank of Canada in an awkward position when it comes to its next interest rate decision, some economists said.

In the midst of United States President Donald Trump‘s threat to impose 25 per cent tariffs on steel and aluminum imports from all countries beginning next month, a consensus in Canada is emerging that parts of this country’s trade policy regarding metals are broken.

Donald Trump has sparked a gold rush, literally.

Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact President Donald Trump's tariffs would have in making that happen, according to meeting minutes released Wednesday. Policymakers on the Federal Open Market Committee unanimously decided at the meeting to hold their key policy rate steady after three consecutive cuts totaling a full percentage point in 2024. In reaching the decision, members commented on the potential impacts from the new administration, including chatter about the tariffs as well as the impact from reduced regulations and taxes. The committee noted that current policy is «significantly less restrictive» than it had been before the rate cuts, giving members time to evaluate conditions before making any additional moves. Members said that the current policy provides «time to assess the evolving outlook for economic activity, the labor market, and inflation, with the vast majority pointing to a still-restrictive policy stance.

Narendra Modi is only the third head of government or state, after Israel's Benjamin Netanyahu and Japan's Shigeru Ishiba, to be received in Washington after Donald Trump's second inauguration as president of the US. This reflects the importance the US under Trump continues to attach to its relations with India. It also reflects the affinity, both personal and ideological, that Modi and Trump appear to share.

Joe Rogan Experience podcast in overall downloads and views over the past month, as per a report.

Wall Street's main indexes opened marginally lower on Wednesday on worries over U.S. President Donald Trump's latest tariff threats and head of minutes from the Federal Reserve's January meeting. The Dow Jones Industrial Average fell 78.2 points, or 0.18%, at the open to 44,478.12.