President Financial News

Donald Trump has warned his Russian counterpart of «doing things» if the nation refuses for a ceasefire deal with Ukraine. He suggested that financial measures could be used to pressure Moscow but emphasised his priority was achieving peace. While responding to the question about pressuring Russia, Trump said, «I can do things financially, that would be very bad for Russia. I don't want to do that because I want to get peace.» He has said that a ceasefire in Ukraine would benefit Russia but warned of potential downsides, without providing further details. According to Reuters, Trump confirmed that US officials were set to visit Russia to discuss a proposed 30-day halt in hostilities and the possibility of peace talks. After extensive discussions in Saudi Arabia, Ukraine agreed to a ceasefire, leaving the next move to Russia. «Hopefully we can get a ceasefire from Russia,» Trump told reporters in the Oval Office, adding that he had received positive signals but remained cautious about the situation. The Kremlin, meanwhile, stated that it was awaiting details from Washington before responding to the proposal.

Donald Trump has done more than any of his modern predecessors to hollow out the foundations of an international system that the United States painstakingly erected in the 80 years since it emerged victorious from World War II. Without formally declaring a reversal of course or offering a strategic rationale, he has pushed the United States to switch sides in the Ukraine war, abandoning for a time all talk about helping a nascent, flawed democracy defend its borders against a larger invader. He did not hesitate when he ordered the United States to vote with Russia and North Korea — and against virtually all of America's traditional allies — to defeat a U.N.

Global trade is forecast to grow, albeit less robustly, as the world reacts to U.S. President Donald Trump's tariff policies, Germany's DHL Group CEO Tobias Meyer told Reuters on Wednesday. «That outlook is mainly based on the 75% of global trade that does not touch the U.S.,» said Meyer, who noted that segment is seeing positive momentum. The global goods trade is expected to expand at a compound annual rate of 3.1% from 2024 to 2029, a modestly faster pace than during the preceding decade, according to the DHL Trade Atlas 2025 prepared by delivery firm and New York University's Stern School of Business.

The CPI inflation report overshadowed the latest 'tit for tat' twist in the global trade war — U.S. President Donald Trump said he would slap further tariffs on European Union goods after the EU and other U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president.

dollar rebounded slightly on Thursday thanks to a rise in U.S. Treasury yields, though currencies traded in tight ranges as investors struggled to determine the impact of an escalating global trade war on U.S. inflation and growth. U.S. President Donald Trump on Wednesday threatened further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by him.

It is not clear what exactly Moscow included on its list or whether it is willing to engage in peace talks with Kyiv prior to their acceptance. Russian and American officials discussed the terms during in-person and virtual conversations over the last three weeks, the people said. They described the Kremlin's terms as broad and similar to demands it previously has presented to Ukraine, the U.S. and NATO. Those earlier terms included no NATO membership for Kyiv, an agreement not to deploy foreign troops in Ukraine and international recognition of President Vladimir Putin's claim that Crimea and four provinces belong to Russia. Russia, in recent years, also has demanded the U.S. and NATO address what it has called the «root causes» of the war, including NATO's eastward expansion.

Subscribe to enjoy similar stories. PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors feel otherwise.

Subscribe to enjoy similar stories. A new fear is gripping Wall Street: The economy may go into reverse while tariffs keep consumer prices too hot. Concerns over “stagflation"–a destructive combination of poor growth and rising prices that befuddle policymakers’ attempts to intervene–are dropping the floor from under stocks and sending investors to the safety of U.S.

global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president. Just hours after Trump's 25% duties on all U.S. steel and aluminum imports took effect, Trump said he would impose additional penalties if the EU follows through with its plan to enact counter tariffs on some U.S. goods next month. «Whatever they charge us, we're charging them,» Trump told reporters at the White House. Trump's hyper-focus on tariffs has rattled investor, consumer and business confidence and raised recession fears. He also has frayed relations with Canada, a close ally and major trading partner, by repeatedly threatening to annex the neighboring country. Canada, the biggest foreign supplier of steel and aluminum to the United States, announced 25% retaliatory tariffs on those metals along with computers, sports equipment and other products worth $20 billion in total. Canada has already imposed tariffs worth a similar amount on U.S. goods in response to broader tariffs by Trump. «We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,» Canada's Finance Minister Dominic LeBlanc said.

Asian equities rose Thursday after cooler-than-forecast US inflation helped Wall Street rebound from two days of heavy losses. Australian and Japanese shares rose and equity-index futures for US stocks climbed in early Asian trading, bolstering advances in the prior session. Even after Wednesday’s gains for the S&P 500 and Nasdaq 100, the first since Friday for the US benchmarks, they both remained over 3% lower this week. Hong Kong equity futures fell, tracking declines in an index of US-listed Chinese companies on Wednesday.

MONTREAL — A representative of Canada’s aluminum industry says the Trump administration’s 25 per cent tariffs could destroy demand for the metal in the American market.

U.S. stocks mostly rose after getting some relief from an encouraging inflation update

White House, his approach to the stock market has appeared to change quite radically, particularly as the Dow Jones Industrial Average has dipped considerably, as per a report.

Reports that Elon Musk intended to give $100 million to MAGA super PACs surfaced just hours after Donald Trump declared he would purchase a Tesla, stoking conjecture about their connection, as per a report by The Independent.

The decision followed a warning by Trump that Canada would pay a «historic financial price» for its move, Daily Mail reported. The controversy started at the beginning of the week when Ontario premier Doug Ford introduced the electricity tariff as a response to US tariffs, according to the report. Ford had imposed a 25% tariff on Canadian electricity to Michigan, New York and Minnesota, as per Daily Mail. After Ford suspended the tariffs on the US, Trump agreed not to double tariffs on Canadian steel and aluminium to 50% and claimed it would remain at 25%, according to the report.

US Federal Trade Commission asked a federal court in Seattle on Wednesday to delay a September trial in its case alleging Amazon misled consumers over its Prime subscription service, citing «severe resource shortfalls in terms of both money and personnel.» Jonathan Cohen, an attorney for the FTC, told US District Judge John Chun during a hearing that the agency faces a «dire resource situation» amid cost cutting measures enacted under President Donald Trump's administration. «We have lost employees in the agency, in our division and on our case team,» Cohen said. Cohen's statements are the first clear indication of how large-scale efforts led by Trump advisor and Tesla CEO Elon Musk to shrink government are affecting the FTC, which enforces consumer protection and antitrust laws.

Starlink has partnered with Jio Platforms (JPL) to bring high-speed satellite internet services to customers in India, a day after a similar pact with Bharti Airtel. The tie-ups underscore a surprise turnaround in the stance of India's top two telecom operators, led by billionaires Mukesh Ambani and Sunil Mittal, which had been at odds with the world's leading low-earth orbit satellite constellation operator over spectrum allocation and pricing for the domestic market. Market watchers termed the deals as a win-win for all parties. While Starlink gets a foothold in the world's second-largest telecom market without paying top dollars to buy spectrum in an auction, both telcos get access to more cutting-edge technology while avoiding a bloody battle with a moneyed US giant. Indian consumers will be able to experience the latest technology at potentially affordable rates.

retaliatory tariffs because President Donald Trump had implemented steel and aluminum import restrictions. The ongoing trade war has made economists predict economic slowdown and heightened consumer prices due to recently available inflation data, which shows a mild February increase.

Shell LNG marketing executive said, adding that LNG trade will find ways to adapt to logistical interruptions. Shell, the world's largest trader of LNG, accounts for 15% of global trade and supplies about a tenth of India's LNG imports. The company remains sanguine about India, which imported record volumes of LNG in 2024, and aims to tie up more long-term sale contracts with Indian buyers and expand its import terminal capacity when there is a need for it, Tom Summers, senior vice president for Shell LNG Marketing & Trading, told ET in an interview. Summers defended Shell's India terminal's underutilisation, saying global utilisation average is probably 50% or less and its India terminal is strategically connected to supply and demand centres to serve the growing customer needs. Shell's Indian terminal's utilisation is about 40% while India's average is 55%.

The latest agency directive comes amid concerns over handling of sensitive records under US President Donald Trump's administration amid its efforts to cut down assistance activities overseas, The Washington Post reported.

Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump's tariff policies could stall progress.