#useconomy
Trump criticizes Fed chair Powell over interest rates after FOMC decision
US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli
Trump criticizes Fed chair Powell over interest rates after FOMC decision
US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli
Dollar decline creates double-edged sword for US economy
The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio
Dollar decline creates double-edged sword for US economy
The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio
Trump tells Davos forum US is strongest after first year in office
US President Donald Trump on Wednesday addressed global political and business leaders at the World Economic Forum in Davos, marking the completion of his first year in office with a forceful assessment of his administration’s economic record. Speaking to the annual gathering, Trump said public sentiment toward his leadership remained overwhelmingly positive, while asserting that the country had undergone a dramatic reversal in economic conditions since he assumed office. During h
Trump tells Davos forum US is strongest after first year in office
US President Donald Trump on Wednesday addressed global political and business leaders at the World Economic Forum in Davos, marking the completion of his first year in office with a forceful assessment of his administration’s economic record. Speaking to the annual gathering, Trump said public sentiment toward his leadership remained overwhelmingly positive, while asserting that the country had undergone a dramatic reversal in economic conditions since he assumed office. During h
Asha Jadeja Motwani claims role in Trump’s H-1B shift as debate intensifies
Indian-origin venture capitalist Asha Jadeja Motwani has asserted that she played a role in shaping former President Donald Trump’s recent shift in tone on the H-1B visa program, a move that has triggered debate among his political supporters. The program, which enables United States companies to hire skilled foreign workers, has long been a focal point in policy discussions involving the technology sector. Motwani said she spoke directly with both Trump and Vice President JD Vance about th
Asha Jadeja Motwani claims role in Trump’s H-1B shift as debate intensifies
Indian-origin venture capitalist Asha Jadeja Motwani has asserted that she played a role in shaping former President Donald Trump’s recent shift in tone on the H-1B visa program, a move that has triggered debate among his political supporters. The program, which enables United States companies to hire skilled foreign workers, has long been a focal point in policy discussions involving the technology sector. Motwani said she spoke directly with both Trump and Vice President JD Vance about th
Trump moves to ease grocery costs with food tariff exemptions
US President Donald Trump has issued an executive order removing import tariffs on a broad selection of food products in an effort to curb rising grocery costs and ease pressure on consumers. The decision marks one of the most significant adjustments to his trade policy since tariffs were introduced as a central feature of his economic agenda. The order comes at a moment when Americans have voiced growing frustration over inflation, particularly food prices, following last we
Trump moves to ease grocery costs with food tariff exemptions
US President Donald Trump has issued an executive order removing import tariffs on a broad selection of food products in an effort to curb rising grocery costs and ease pressure on consumers. The decision marks one of the most significant adjustments to his trade policy since tariffs were introduced as a central feature of his economic agenda. The order comes at a moment when Americans have voiced growing frustration over inflation, particularly food prices, following last we
Trump’s H-1B overhaul aims to boost US skills through temporary foreign expertise
Donald Trump defends tariff policy, claims U.S. economy is thriving
United States President Donald Trump has once again defended his administration’s tariff policies, claiming that the strategy has played a major role in strengthening the U.S. economy and boosting the stock market. Since returning to office for his second term, Trump has emphasized a renewed focus on economic nationalism, arguing that countries trading with the United States must pay tariffs determined by the government to protect American interests. In his latest remarks, Trump a
Donald Trump defends tariff policy, claims U.S. economy is thriving
United States President Donald Trump has once again defended his administration’s tariff policies, claiming that the strategy has played a major role in strengthening the U.S. economy and boosting the stock market. Since returning to office for his second term, Trump has emphasized a renewed focus on economic nationalism, arguing that countries trading with the United States must pay tariffs determined by the government to protect American interests. In his latest remarks, Trump a
Trump’s $100,000 H-1B Visa Fee May Hurt US Economy More Than India
US President Donald Trump’s abrupt decision to impose a $100,000 fee on new H-1B visa applications has triggered heated debates across global markets. While the move is designed to discourage foreign workers from entering the United States, economists warn that its long-term impact could weigh more heavily on the US economy than on India, the country supplying the majority of H-1B talent. H-1B visas are critica
Trump’s $100,000 H-1B Visa Fee May Hurt US Economy More Than India
US President Donald Trump’s abrupt decision to impose a $100,000 fee on new H-1B visa applications has triggered heated debates across global markets. While the move is designed to discourage foreign workers from entering the United States, economists warn that its long-term impact could weigh more heavily on the US economy than on India, the country supplying the majority of H-1B talent. H-1B visas are critica
Why Indian tech workers lose billions in US social security without totalisation pact
Every year, thousands of highly skilled Indian professionals move to the United States on temporary work visas such as the H1B and L1. Their contributions to the American technology sector and wider economy are undeniable, powering billion-dollar businesses and playing a crucial role in innovation and growth. Yet while these professionals help build wealth abroad, billions of their own hard-earned dollars vanish into the US system without ever returning to them. The absence of a totalisation
Why Indian tech workers lose billions in US social security without totalisation pact
Every year, thousands of highly skilled Indian professionals move to the United States on temporary work visas such as the H1B and L1. Their contributions to the American technology sector and wider economy are undeniable, powering billion-dollar businesses and playing a crucial role in innovation and growth. Yet while these professionals help build wealth abroad, billions of their own hard-earned dollars vanish into the US system without ever returning to them. The absence of a totalisation
Trump clashes with appeals court over tariffs and US economy
Former United States President Donald Trump issued a stark warning on Sunday, August 31, declaring that America would be completely destroyed without the tariffs he imposed during his time in office. His comments came only days after a federal appeals court ruled that the majority of those tariffs were unlawful, sparking yet another political and legal clash over one of the central elements of his economic policy. Writing on TruthSocial, Trump insisted that wit
Trump clashes with appeals court over tariffs and US economy
Former United States President Donald Trump issued a stark warning on Sunday, August 31, declaring that America would be completely destroyed without the tariffs he imposed during his time in office. His comments came only days after a federal appeals court ruled that the majority of those tariffs were unlawful, sparking yet another political and legal clash over one of the central elements of his economic policy. Writing on TruthSocial, Trump insisted that wit
US H-1B visa debate reignites as tech leaders defend Indian talent in innovation
The debate over the H-1B visa program in the United States has flared up again after Republican congresswoman Marjorie Taylor Greene called for its end, specifically targeting Indian workers. Her remarks came in response to US president Donald Trump’s decision to raise tariffs on Indian oil imports, which were initially increased to 25 percent and have now doubled to 50 percent. Linking the visa issue to trade policy, she posted on X, stating that Indian H-1B visas were replacing American
US H-1B visa debate reignites as tech leaders defend Indian talent in innovation
The debate over the H-1B visa program in the United States has flared up again after Republican congresswoman Marjorie Taylor Greene called for its end, specifically targeting Indian workers. Her remarks came in response to US president Donald Trump’s decision to raise tariffs on Indian oil imports, which were initially increased to 25 percent and have now doubled to 50 percent. Linking the visa issue to trade policy, she posted on X, stating that Indian H-1B visas were replacing American
Tariff Hikes Could Raise Clothing and Shoe Prices by Over 90 Percent
The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly
Tariff Hikes Could Raise Clothing and Shoe Prices by Over 90 Percent
The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly
Raghuram Rajan warns US of economic risks from declining foreign student intake
Former Reserve Bank of India Governor Raghuram Rajan has issued a strong cautionary message about the future of the United States economy, highlighting the dangers posed by continued political interference in the flow of international students to American universities. Speaking in an interview, Rajan warned that recent visa policy changes and administrative tightening could have long-term negative consequences on the country's global innovation leadership, economic vitality, and competiti
Raghuram Rajan warns US of economic risks from declining foreign student intake
Former Reserve Bank of India Governor Raghuram Rajan has issued a strong cautionary message about the future of the United States economy, highlighting the dangers posed by continued political interference in the flow of international students to American universities. Speaking in an interview, Rajan warned that recent visa policy changes and administrative tightening could have long-term negative consequences on the country's global innovation leadership, economic vitality, and competiti









