U.S. President Donald Trump’s tariffs and subsequent actions by other nations have cast a shadow over investors’ portfolios. Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday. Trump and his administration has been defiant, with the U.S. president saying “it won’t be easy” and urging Americans to “hang…
The US Supreme Court is allowing President Donald Trump to continue to use a rarely-invoked wartime powers law to carry out rapid mass deportations of alleged gang members – for now. A lower court had temporarily blocked the deportation of alleged Venezuelan gang members to El Salvador on 15 March, ruling that the actions under…
U.S. President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., April 7, 2025. Kevin Mohatt | Reuters The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a…
The US and Iran are holding “direct talks” over a possible nuclear deal on Saturday, Donald Trump has said. Discussions between Washington and Tehran will be at a “very high level”, the US president said on Monday, before warning it would be a “very bad day for Iran” if no agreement was reached. Last month,…
Donald Trump has threatened China with an extra tariff of 50% on goods imported into the US if it does not withdraw a countermeasure and reiterated he would not pause on others tariffs as global markets tumbled for a third day. Speaking at the White House on Monday the US president said that he is…
U.S. President Donald Trump’s advisor Elon Musk reacts on the day of a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, on March 30, 2025. Vincent Alban | Reuters Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping…
Kimbal Musk, co-founder of The Kitchen Community, speaks during the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 3, 2016. Patrick T. Fallon | Bloomberg | Getty Images Elon Musk’s younger brother, Kimbal, took to X on Monday to lambaste President Donald Trump’s tariffs, calling them a “structural, permanent tax…
Getty Images Bill Ackman switched allegiance to Trump before the 2024 presidential election A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs, or risk “a self-induced, economic nuclear winter”. Amid market turmoil, hedge fund manager Bill Ackman said the president should take three months to allow…
JPMorgan Chase CEO Jamie Dimon said Monday that tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing. Dimon, 69, addressed the tariff policy Trump announced on April 2 in his annual shareholder letter, which has become…
“The Japanese yen will be a good — and probably the best — candidate to hide from trade tensions and a U.S. recession, for a whole host of familiar reasons,” said Ebrahim Rahbari, head of rates strategy at Absolute Strategy Research. Zhang Xiaoyu | Xinhua News Agency | Getty Images Investors are flocking to safe…
