Your Pulse On America: Live And Unfiltered
The European Union plans to vote on Wednesday afternoon on its first retaliation measures in response to President Trump’s tariffs, moving closer to placing increased duties on a range of manufactured goods and farm products that would take effect in phases starting next week. The list up for consideration is a slightly trimmed down version…
An important segment of India’s business community woke up Wednesday to a fright: President Trump had again brandished the threat of tariffs on pharmaceutical imports. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” he told guests at a dinner held by the National Republican Congressional Committee. India has spent most of…
Market turmoil extended into Wednesday’s trading session in Asia, as stocks across the region faced renewed downward pressure amid the impending imposition of significantly higher taxes on imports to the United States. Benchmark indexes in Japan and Hong Kong opened down more than 3 percent on Wednesday morning, following a day on Wall Street when…
This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined more than 10 percent in two days last week. It swung wildly on Monday amid news of further tariffs and…
Elon Musk slammed President Trump’s top trade adviser as “dumber than a sack of bricks” on Tuesday as tensions between the two exploded over wide-ranging tariffs that have upended the global economy. Mr. Musk directed the criticism at the trade adviser, Peter Navarro, who on Monday said Mr. Musk was not a “car manufacturer” but…
Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into a recession. The reaction in the oil patch? Silence, mostly. Oil and gas executives, eager to stay in Mr. Trump’s…
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped up by the financial sector and government spending. The remarks by Jamieson Greer, the United States trade representative, came as…
‘Can’t put the toothpaste back in the tube’ Global markets are rebounding on Tuesday even as trade tensions show little signs of cooling. To wit: Beijing vowed that it “will fight to the end” against President Trump’s latest tariff threats. Wall Street analysts have issued a flurry of downgrades for the S&P 500, and billionaire…
Xi Jinping wants you to know that he will not be cowed. Confronted with the latest threat from President Trump of an additional 50 percent tariff on Chinese goods unless Beijing reverses its retaliatory levies on U.S. imports, China’s top leader has remained defiant. His Ministry of Commerce on Tuesday accused the United States of…
Sales in the international art market declined 12 percent in 2024, according to the Art Basel and UBS Global Art Market Report published on Tuesday. The annual report, seen as the most reliable indicator of the art market’s size and health, said that sales had fallen for the second year in a row. “Decline in…