The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and

The Trump administration has announced a new measure requiring undocumented immigrants in the U.S. to register with the federal government. The mandatory registry, enforced by the Department of Homeland Security (DHS) and U.S. Citizenship and Immigration Services (USCIS), applies to all individuals aged 14 and older who do not have legal status in the country. Those who fail to comply could face fines, imprisonment, or deportation.This move is part of the administration’s broader crackd

Washington, DC: US President Donald Trump has reaffirmed his decision to impose 25% tariffs on imports from Mexico, Canada, and the European Union, tying them to border security concerns and trade imbalances. The tariffs, initially set for March 4, are now expected to take effect on April 2, giving businesses and trade partners a brief window to prepare.   Trump Links Tariffs to Fentanyl Crisis and Border Security During his first Cabinet mee

Former US President Donald Trump has announced a significant shift in US immigration policy, introducing the ‘Gold Card’ visa program, which allows Indian graduates from US universities to secure jobs and eventually gain citizenship. This move is seen as a major boost for international students, particularly those from India, who have often struggled with restrictive visa policies despite their high qualifications.   The ‘Gold Card’ initiative, un

Washington, US: US President Donald Trump has invited Ukrainian President Volodymyr Zelensky to Washington to sign a critical minerals deal, while also suggesting that the ongoing Russia-Ukraine war could end “within weeks” if the right agreements are reached.Trump made the remarks during an Oval Office press conference on Monday, revealing that negotiations between the US and Ukraine over access to Ukraine’s rare earth minerals were near completion.

The Texas A&M University System Board of Regents is expected to make a pivotal decision regarding the next chancellor to lead its vast network of 11 universities and eight state agencies. The board, which is meeting in Houston, could vote on a sole finalist for the position, initiating a mandatory 21-day waiting period before finalizing the appointment. According to sources familiar with the search process, the board has identified five candidates for c

  President Donald Trump on Sunday announced his decision to name Dan Bongino as the Federal Bureau of Investigation’s deputy director. Bongino, a former television host and conservative commentator known for his strong support of the President, is stepping into a role traditionally held by a career FBI agent. This appointment follows the recent controversial nomination of Kash Patel to lead the agency and represents a marked break from longst

The Trump administration has taken a dramatic step in reshaping U.S. foreign aid by terminating 2,000 employees from the U.S. Agency for International Development while placing thousands more on administrative leave around the globe. Following a ruling by a federal judge, the decision affects both domestic and international USAID staff, leaving only those designated as essential for mission-critical functions, leadership, or specific programs in active service. As of 11:59 p.m. EST on

  The idea of distributing federal savings back to American taxpayers in the form of 'DOGE dividends' has recently gained traction, largely fueled by a social media exchange between Elon Musk and President Trump. This novel concept, which originated from investor James Fishback, suggests using savings from federal government cuts to send checks to taxpayers. However, the policy, as proposed, may leave out low-income Americans who do no

Trump's decision to halt New York City's congestion pricing program has led to a major legal dispute, as the Metropolitan Transportation Authority (MTA) has filed a lawsuit against the federal government. The congestion pricing plan, which went into effect on January 5, 2025, imposed a $9 toll on vehicles entering Manhattan below 60th Street. The policy aimed to curb traffic congestion while generating much-needed funding for the city's public transpor

The social media platform X has agreed to pay 10 million dollars to former President Donald Trump as part of a settlement that brings an end to a legal dispute stemming from the suspension of his account. This resolution marks the conclusion of a contentious legal battle that had its roots in the events following the U.S. Capitol incident. In January 2021, two days after the events at the Capitol, X – formerly known as Twitter – made the decision to su

Prime Minister Narendra Modi arrived at Joint Base Andrews airbase in Maryland, United States, on Wednesday (local time) for a two-day visit at the invitation of President Donald Trump. This visit comes at a crucial time in international affairs, as both nations are looking to strengthen ties and address shared challenges on the global stage. The arrival at a key military and administrative facility underscores the significance of the trip, symbolizing not only a routine diplomatic vis

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

Prime Minister Narendra Modi is scheduled to embark on a two-day visit to the United States starting February 12, where he will engage in extensive talks with US President Donald Trump. The visit will take place shortly after Modi's two-day trip to Paris, marking the prime minister's first bilateral visit to the US since Trump's second term in office. The trip will provide an opportunity to strengthen ties between India and the US and discuss key issues, including trade, security,

The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from

On Monday, the Indian rupee plunged by 67 paise to hit a record low of 87.29 against the US dollar. This sharp depreciation came in the wake of US President Donald Trump's decision to impose tariffs on Canada, Mexico, and China, sparking fears of a global trade war. Trump’s tariffs—25% on Canada and Mexico, and 10% on China—sent shockwaves through the financial markets. As the US dollar gained strength amid risk aversion, the rupee faced mounting pressure due to sustaine

Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con

In his first major act as the 47th President of the United States, Donald Trump signed an executive order aimed at dismantling birthright citizenship, a cornerstone of US immigration law. The order seeks to reinterpret the 14th Amendment of the US Constitution, which has historically granted citizenship to anyone born in the US, to exclude children born to undocumented immigrants. This controversial move has sparked intense debate and is expected to face numerous legal challenges from organiz