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Wall Street keeps shaking because of tariffs. After jumping to a big early gain on an encouraging inflation update, the U.S. stock market lost all of it after other countries announced their retaliations following President Donald Trump's latest escalation in his trade war. The S&P 500 was down 0.3% in midday trading after erasing an initial leap of 1.3%. The unsettled trading comes a day after the index briefly fell more than 10% below its all-time high set last month.

Mitsubishi Chemical Group of Japan has evinced interest in entering the supply chain link in the semiconductor and electric vehicles sectors in India. There are plans to set up a project catering to the supply chain link in the semiconductor and EV sectors in the country, president and CEO of Mitsubishi Chemical Group Manabu Chikumoto, said at an interactive session of Bengal Chamber of Commerce and Industry here on Wednesday. «We are trying to find out some occasions to come to this market to expand our existence, together with some partners. It will be in the supply chain link to the semiconductor and EV sectors», he said. Chikumoto said the group has not identified any place for the proposed project.

US tariffs and the global economy, the stock market has faced significant declines in recent days, leaving many Americans questioning the impact on their 401(k) retirement accounts. While experts urge calm, the situation presents different opportunities and risks depending on one’s age and proximity to retirement, as mentioned in a report by USA Today.

US arms deliveries to Ukraine resumed Wednesday, officials said, a day after the Trump administration lifted its suspension of military aid for Kyiv in its fight against Russia's invasion, and Ukrainian officials signalled that they were open to a 30-day ceasefire backed by Washington. Kremlin spokesperson Dmitry Peskov said Wednesday that it's important not to «get ahead» of the question of responding to the ceasefire proposal. He told reporters that Moscow is awaiting «detailed information» about it from the US and suggested that Russia must get that first before it can take a position. Arms deliveries to Ukraine have already resumed through a Polish logistics centre, the foreign ministers of Ukraine and Poland announced Wednesday. The deliveries go through a NATO and US hub in the eastern Polish city of Rzeszow that's has been used to ferry Western weapons into neighboring Ukraine about 70 km away. The American military 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. US Secretary of State Marco Rubio said Wednesday that Washington will pursue «multiple points of contacts» with Russia to see if President Vladimir Putin is ready to negotiate an end to the war. He declined to give details. «The ball is truly in their court,» Rubio said at a refueling stopover in Shannon, Ireland on his way to talks in Canada with other Group of Seven leading industrialised nations.

Denmark. According to the poll results of the Greenland elections, released on Wednesday, the Demokraatit Party emerged victorious on 10 out of the 31 seats in the Inatsisartut parliament, gaining more than a three-fold increase in its legislative strength.

Chelsea Handler doesn't hold back, especially when it comes to Elon Musk. In a lively SXSW interview, the comedian was asked if she would date the tech billionaire, Elon Musk to "save America." Handler was interviewed at South by Southwest (SXSW) over the weekend by Kara Swisher, contributing editor for New York magazine, for her podcast, «On With Kara Swisher.» Her frank response went viral right away, igniting debate and laughter about Elon Musk's increasing political power.

Introduced as part of broader government cost-cutting efforts, the idea has yet to gain firm ground in Congress, despite initial enthusiasm from some political quarters and the public.

Donald Trump’s administration are watching Canada to get a preview of what happens when you hit back. Canadian officials have gone hostile in their responses to Trump’s trade war. Ontario Premier Doug Ford slapped a 25% charge on electricity exports to make power more expensive for people in New York and two other states — earning the president’s ire. Mark Carney, the incoming prime minister, called the US “a country we can no longer trust,” and said his new government will keep its retaliatory tariffs in place “until the Americans show us respect.” On Tuesday, the brinkmanship seemed to pay off: Trump started the day threatening to double tariffs on Canadian steel and aluminum to 50%, but by day’s end both sides had pulled back. Ford suspended the electricity tax, prompting Trump to say “I respect that” and drop the metals levy back to 25%. Trump’s tariffs on steel and aluminum — which came into force on US imports on Wednesday — drew a swift response from Canada and the European Union. The government in Ottawa announced new 25% counter-tariffs on about C$30 billion ($20.8 billion) of US-made items, while Brussels laid out countermeasures against US goods worth as much as €26 billion ($28.3 billion). But other metals-exporting countries including Japan and South Korea held off on any immediate retaliation. Even before that widening of the trade war, Mélanie Joly, Canada’s foreign minister, had issued a warning to other nations. Watch what Trump is doing to Canada, she said. “You’re next.”

U.S. tariffs and their potential impact on the global economy continued to dampen sentiment. The benchmark BSE Sensex lost 72.56 points or 0.10% to close at 74,029.76, while the broader Nifty 50 index closed at 22,470.50, lower by 27.40 points or 0.12%.

Trump administration has ended $20 billion in funding for greenhouse gas reduction projects in a move that climate advocates and Democrats say illegally seizes money allocated for clean energy and transportation for disadvantaged communities. Environmental Protection Agency Administrator Lee Zeldin had publicized his campaign to claw back money from the Greenhouse Gas Reduction Fund, which Congress appropriated under the Biden administration to kick-start projects aimed at curbing pollution. In a statement late on Tuesday, the EPA said it had clawed back the funds, saying the program did not align with the agency's priorities and citing concerns with potential fraud, waste and abuse, although it gave no details. The U.S. Justice Department and the FBI are reviewing the program, it added. The EPA said it would work to use the funds «with enhanced controls» within the law but did not say specifically what it would do with the money.

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.

The European Union launched countermeasures on Wednesday against new U.S. metals tariffs, with plans to impose its own duties on up to €26 billion (US$28.3 billion) worth of American goods.

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.

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.

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. As the U.S. market downturn continues, the natural question is whether it is a good time to start buying.

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.