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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.

Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet, as per a report. President Trump's sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequality, AP reported. Which impacts will be felt by consumers and workers first? And what can households do in the face of so much uncertainty? Here's what you need to know: Which consumer goods will be affected? The tariffs announced by Trump Wednesday, on top of other levies that are already in effect, tax imports from nearly all of America's trading partners. And U.S. shoppers currently rely on a lot of goods made abroad, as per a report.

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

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.

N Biren Singh and the National People’s Party (NPP) is getting wider. The NPP President Yumnam Joykumar Singh had blamed the Biren government for letting Meitei radical group Arambai Tenggol attack Kuki people. Several protesters attempted to storm the residence of National People’s Party (NPP) Manipur unit president Yumnam Joykumar Singh on Friday, demanding an apology over his recent remarks on Meitei organisation Arambai Tenggol. The protesters tried to force their way into Joykumar’s home in Naoremthong but were stopped by police deployed in the area. The protests were triggered by a post on X, in which Joykumar had written, “Biren Ji misjudged the Kuki-Meitei conflict’s roots… Why did his government allow massive rallies, withdraw commandos from Churachandpur, and let groups like Arambai Tenggol attack Kukis?” After meeting the women group Joykumar told reporters that the issue stemmed from a “slight misunderstanding” and confirmed that Arambai Tenggol’s name had been removed from the original post. However, he refused to tender a public apology. Former Manipur chief minister N Biren Singh had recently asked Meghalaya chief minister Conrad Sangma not to interfere in the internal matters of Manipur. Biren said that P.A. Sangma, the former Union Minister and Lok Sabha Speaker, had advocated a dangerous idea of breaking the northeast into smaller states along ethnic lines.

Among those ousted were its director, Dr. John Howard, who had been in the job through three previous presidential administrations, AP reported. The layoffs are stalling — and perhaps ending — many programmes, including a firefighter cancer registry and a lab that is key to certifying respirators for many industries, as per the report. The cuts are «a very pointed attack on workers in this country», said Micah Niemeier-Walsh, vice president of the union local representing NIOSH employees in Cincinnati. Unions that represent miners, nurses, flight attendants and other professions have criticized the cuts, saying it will slow the identification and prevention of workplace dangers. Rallies in Cincinnati and other cities drew not only fired CDC employees but also members of unions representing teachers, postal workers and bricklayers, Niemeier-Walsh said.

Trump's move on Wednesday to place stiff new tariffs on imports from nearly all U.S. trading partners marks an all-in bet by the Republican that his once-fringe economic vision will pay off for Americans. It was the realization of his four decades of advocacy for a protectionist foreign policy and the belief that free trade was forcing the United States into decline as its economy shifted from manufacturing to services. The tariff announcement was the latest and perhaps boldest manifestation of Trump's second-term freedom to lead with his instincts after feeling his first turn in the Oval Office was restrained by aides who did not share his worldview. How it shakes out could be a defining judgment on his presidency. The early reviews have been worrisome. Financial markets had their worst week since the onset of the COVID-19 pandemic, foreign trade partners retaliated and economists warned that the import taxes may boost inflation and potentially send the U.S. into a recession. It's now Republican lawmakers who are fretting about their party's future while Democrats feel newly buoyant over what they see as Trump's overreach.

Warren Buffett, the legendary investor and Berkshire Hathaway CEO, complimented Trump's economic policies, as per Fortune.

Subscribe to enjoy similar stories. BACK IN THE White House, President Donald Trump says that he will end the war in Ukraine—although not in a day, as he used to promise. But there is a problem: Vladimir Putin appears to be in no hurry to make concessions and accept a deal that is not on his terms.

The meeting was aimed at enhancing trust and cooperation between the Meiteis and Kukis and finding a roadmap to restore peace and normalcy in Manipur, sources said. The discussions also stressed on maintaining law and order and facilitating reconciliation between the two communities, they said. A six-member Meitei delegation comprising representatives from the All Manipur United Clubs' Organisation (AMUCO) and the Federation of Civil Society Organisations (FOCS) attended the meeting. The Kuki delegation comprised about nine representatives.

Anura Kumara Dissanayake honoured Prime Minister Narendra Modi with the highest award to a foreign head of state, Mitra Vibhushana. Dissanayake said that PM Modi highly deserves this honour. In a joint press statement alongside PM Modi, Dissanayake said, «I am pleased to announce that the Government of Sri Lanka has decided to confer upon him (PM Narendra Modi) the highest Sri Lankan honour to a foreign head of state/head of government- Sri Lanka Mitra Vibhushana. This prestigious honour, which was introduced in 2008, is conferred upon heads of states and government for their friendship, and honourable Prime Minister Modi highly deserves this honour; that is what we firmly believe.» The «Dharma Chakra» demonstrates the shared Buddhist heritage that has shaped the cultural traditions of both nations. The «Pun Kalasa» (a ceremonial pot) adorned with sheaves of rice symbolizes prosperity and renewal. The «Navarathna» (nine precious gems) represents the priceless and enduring friendship between the two countries, depicted within a globe encircled by pure lotus petals. The «Sun and Moon» signify the timeless bond, stretching from the ancient past into the infinite future. Together, these elements beautifully capture the deep cultural and spiritual connection between the two nations.

In 2024, at the India-ASEAN Summit, Modi gifted a vintage brass Buddha statue to Laos President Thongloun Sisoulith, symbolizing shared heritage and India’s commitment to cultural diplomacy. In the same year, India sent several sacred relics of Lord Buddha and his disciples to Thailand. The relics of Lord Buddha and his disciples, Arahant Sariputta and Arahant Maha Moggallana, were taken to Bangkok by an Indian delegation and displayed for 25 days in four cities of Thailand . In 2023, PM Modi and Japanese Prime Minister Fumio Kishida visited the Bal Bodhi Tree at Buddha Jayanti Park in Delhi, reinforcing the deep-rooted Buddhism ties between India and Japan. India also hosted the first-ever Global Buddhist Summit, bringing together scholars and practitioners to discuss contemporary challenges through the lens of Buddhist philosophy, where Modi stressed that Buddha’s teachings provide solutions to global issues. In 2022, PM Modi visited Lumbini, Nepal, on Buddha Purnima and laid the foundation stone for the India International Centre for Buddhist Culture and Heritage, a landmark project promoting Buddhist culture and strengthening Indo-Nepal spiritual ties.

Samajwadi Party chief Akhilesh Yadav on Saturday said it is very important to pay attention to the slump of India's markets as common people are losing their money and this could cause the economy to sink. In a post on X in Hindi, the former Uttar Pradesh chief minister held the central government responsible for this «double vicious circle» of the economy. Indian markets plunged on Friday after US President Donald Trump announced sweeping reciprocal tariffs, including 27 per cent on India, to reduce the trade deficit and boost domestic manufacturing. «It is very important to pay attention to the loss of millions of crores in the country's stock market because the savings and capital of the common people, who have some extra money to invest and with which they buy goods or services and vehicles and land, is being lost. »These are the things that keep the wheel of buying and selling moving in the market and also the economy. If the money of the common people is lost in the stock market, then both the market and the economy sink," Yadav said in his post. Investors' wealth dropped by Rs 10 lakh crore on Friday as the BSE Sensex slumped over 900 points to crash below the 76,000 level due to an across-the-board sell-off, tracking weak global markets amid growing global trade war fears.

Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by President Donald Trump, in a drastic scale-back of its operations at a joint venture plant. The Japanese automaker said it would now maintain two shifts of production of the Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it would end one of the two shifts this month. Nissan will not accept any additional orders of the Infiniti QX50 and QX55 SUVs for the U.S. market produced at the COMPAS plant it has run together with Mercedes-Benz in Mexico. Nissan said production is expected to continue for those models sold in other markets. It remained unclear how much of the production is sold in other markets. The two Infiniti models have only been exported from Mexico to the U.S., according to data from Mexico's national statistics agency. A Japan-based Nissan spokesperson said on Saturday the models are produced for and exported to markets such as Mexico, Panama, the Middle East and Canada, without providing details on its production plans for the vehicles.

Modi landed in Colombo last evening after concluding his trip to Bangkok where he attended a summit of the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation). «PM @narendramodiwas welcomed by President @anuradisanayake with a ceremonial reception at the Independence Square in Colombo,» External Affairs Ministry spokesperson Randhir Jaiswal said on 'X'. «Bilateral discussions to foster a partnership for a shared future & mutual prosperity of our people, lie ahead,» he said. Officials said it was the first time a foreign leader was accorded such a welcome at the Independence Square.

Joel Kaplan, Meta’s chief global affairs officer, shared the news on X, stating, “By Monday afternoon, our fact-checking program in the US will be officially over. That means no new fact checks and no fact checkers.” He added, “In place of fact checks, the first Community Notes will start appearing gradually across Facebook, Threads & Instagram, with no penalties attached.”

Warren Buffett wants the world to know: he’s not cheering Donald Trump’s tariff spree. And he hasn’t said a word about it—despite what viral videos and presidential posts might suggest. Berkshire Hathaway issued a rare public statement on Friday, flatly denying that Buffett ever praised Trump’s recent economic measures. “There are reports currently circulating on social media (including Twitter, Facebook and TikTok) regarding comments allegedly made by Warren E. Buffett. All such reports are false,” the company said. The clarification came hours after US President Donald Trump shared a video on Truth Social claiming Buffett had declared Trump was making “the best economic moves he’s seen in over 50 years.” The video, originally posted by an Instagram user called «AmericanPapaBear,» suggested Trump was “crashing” the stock market on purpose to make equities cheaper for the middle class. Trump’s repost came just as global markets were convulsing in response to his new tariffs.

Global investors have yearned for clarity over U.S. President Donald Trump's tariffs, but now they have it, they don't much like what they see. As part of his «Liberation Day» on April 2, Trump slapped hefty tariffs on major trading partners, plunging markets into turmoil, just as investors parse through the first new quarterly earnings, along with Chinese inflation data, waiting for the rest of the world to respond.

Sri Lankan President Anura Kumara Dissanayake greeted him at the venue, marking the start of a packed diplomatic schedule. Earlier in the day, PM Modi was warmly welcomed at his hotel, where he was seen shaking hands with members of the Indian diaspora and witnessing a puppet show performed in his honour. The vibrant reception reflected the strong cultural and people-to-people ties between the two countries. PM Modi's arrival in Colombo came after his visit to Thailand, where he held a bilateral meeting with Thai Prime Minister Paetongtarn Shinawatra and attended the BIMSTEC Summit. On the sidelines, he engaged in further bilateral discussions, laying the groundwork for this leg of his regional outreach. Despite rainy weather, six senior Sri Lankan ministers personally received PM Modi at the airport. The delegation included Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath; Minister of Health and Mass Media Nalinda Jayatissa; Minister of Labour Anil Jayantha; Minister of Fisheries Ramalingam Chandrasekar; Minister of Women and Child Affairs Saroja Savithri Paulraj; and Minister of Science and Technology Chrishantha Abeysena.

Such units are among the thousands of troops that South Korea's spy agency says Pyongyang has deployed to Russia to support Moscow's war against Ukraine. During the visit to a special operations unit on Friday, Kim said the «actual war capability for guaranteeing victory in the war field is bolstered up through intensive training,» the Korean Central News Agency (KCNA) reported. He added that their training is «the most vivid expression of patriotism and loyalty to the country,» according to the agency. Images released by state media showed Kim peering through the scope of a sniper rifle that KCNA said was going to be «newly supplied to special operation units».