archiveUS President Donald Trump

The antipodean currencies such as the Australia and New Zealand dollars weakened against other major currencies in the Asian session on Monday, as Asian stock markets traded lower hurt by tumbling technology stocks which mirrored their peers on tech-heavy Nasdaq amid concerns about valuations. Additional weakness came from escalating Middle East conflict after reports that Iran launched missiles at Israel, raising doubts over the durability of the already fragile US-Iran ceasefire. The Iranian attack followed Israeli strikes in Beirut, with Iran warning of further attacks if Israel expands its military...

U.S. President Donald Trump Lists 8 'Non-Tariff Cheating' Tactics. | Image: Donald Trump Tariffs US President Donald Trump has once again highlighted what he calls “non-tariff cheating” in global trade. In a recent post on his social media platform, Truth Social, Trump listed several trade practices that, according to him, harm American businesses and workers. In a recent post on his social media platform, Truth Social, former U.S. President Donald Trump outlined several unfair trade practices he believes harm American businesses and workers. He listed what he called “NON-TARIFF CHEATING,”...

As the U.S. government formalises its involvement in the crypto industry, the future of digital currencies appears increasingly intertwined with national economic strategies. In a stunning reversal that has sent shockwaves through financial markets worldwide, President Donald Trump has transformed from calling crypto a ‘scam’ to championing with his breathtaking establishment of America’s “Digital Fort Knox” – a mammoth strategic reserve of over 200,000 seized Bitcoin worth an $17 billion. This move raises critical questions about the future of crypto worldwide, particularly for developing economies that are still lagging behind...

PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors feel otherwise. Confidence in the prospects for the American economy has been sapped and financial markets are sinking. The S&P 500 index of American stocks has dropped by 9% since its peak in February. Because Mr Trump’s on-again, off-again protectionism defies logic, their faith in his administration’s ability to steer the economy is evaporating. It is the same with the dollar. As Mr Trump has threatened tariff after tariff, it has fallen, dropping...

There is no change in the forex policy of the central bank despite several quarters believing that under the new governor Sanjay Malhotra, RBI would not aggressively defend the rupee, said the official, citing discussions between the government and the RBI on the currency slide. The Indian rupee has weakened about 3.5% against the dollar in the past six months to 86.88 on 7 March, as per data from Bloomberg. By comparison, the Chinese Yuan and the Japanese Yen weakened 1.7% and 0.7%, respectively, during the period. “The government does...