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Page 154 - Donald Trump

Trump sons' employer hoped to gain from Fed grants; later reverses stance

The New America Acquisition I Corp, which had hired Trump's two sons, has backtracked on a statement in its document that said the company hoped to benefit from grants offered by Donald Trump

Trump sons' employer hoped to gain from Fed grants; later reverses stance
Updated On : 05 Aug 2025 | 12:03 PM IST

Rupee at risk of all-time low after Trump ups tariff threat on India

Sentiment on the rupee has been fragile due to the hefty tariffs on Indian goods. On Monday, the pressure intensified, with the rupee falling despite the dollar weakening broadly

Rupee at risk of all-time low after Trump ups tariff threat on India
Updated On : 05 Aug 2025 | 9:05 AM IST

Trump says June jobs data 'rigged', Wall Street and economists disagree

The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it. Trump claimed that June's employment figures were "RIGGED" to make him and other Republicans "look bad". Yet he provided no evidence and even the official Trump had appointed in his first term to oversee the report, William Beach, condemned the firing of Erika McEntarfer, the director of the Bureau of Labour Statistics appointed by former President Joe Biden. The firing followed Friday's jobs report that showed hiring was weak in July and had come to nearly a standstill in May and June, right after Trump rolled out sweeping tariffs. Economists and Wall Street investors have long considered the job figures reliable, with share prices and bond yields often reacting sharply when they are released. Yet Friday's revisions were unusually large -- the largest, outside of a recession, in five decades.

Trump says June jobs data 'rigged', Wall Street and economists disagree
Updated On : 05 Aug 2025 | 8:15 AM IST

DOJ probing alleged 2016 'Russiagate' conspiracy against Donald Trump

Gabbard and her top aides released declassified documents they claim are evidence of an Obama administration conspiracy to subvert Trump's 2016 victory and his presidency

DOJ probing alleged 2016 'Russiagate' conspiracy against Donald Trump
Updated On : 05 Aug 2025 | 7:35 AM IST

Epstein victims oppose Trump-era push to unseal grand jury documents

The request comes amid a controversy sparked by the Trump administration's decision last month not to release documents that could reveal some of Epstein's clients

Epstein victims oppose Trump-era push to unseal grand jury documents
Updated On : 05 Aug 2025 | 7:34 AM IST

Trump to sign order creating task force for 2028 Los Angeles Olympics

Trump has been an enthusiastic booster for major international sporting events scheduled to occur in the US under his watch, boasting about both the Olympics and the 2026 FIFA World Cup

Trump to sign order creating task force for 2028 Los Angeles Olympics
Updated On : 05 Aug 2025 | 7:33 AM IST

Why isn't Trump pressuring China as hard: Expert on India tariff threat

The Global Trade Research Initiative (GTRI) stated that China-not India-is the largest purchaser of Russian oil. In 2024, China imported $62.6 billion worth, compared to India's $52.7 billion

Why isn't Trump pressuring China as hard: Expert on India tariff threat
Updated On : 05 Aug 2025 | 6:48 AM IST

Trump threatens to 'substantially' raise tariffs on India over Russian oil

Trump says New Delhi buying 'massive' amounts of Russian crude and selling it for big profits

Trump threatens to 'substantially' raise tariffs on India over Russian oil
Updated On : 04 Aug 2025 | 11:30 PM IST

'EU, US import Russian goods but target us': India defends oil purchase

India slams Trump's tariff threat, defends Russian oil imports as essential, and calls out US, EU 'hypocrisy' for trading with Russia while unfairly targeting New Delhi

'EU, US import Russian goods but target us': India defends oil purchase
Updated On : 04 Aug 2025 | 11:18 PM IST

Swiss scramble to avert Trump's 39% tariff ahead of looming deadline

Trump administration justified Friday's move by claiming that Switzerland had in essence stolen money from the US and should therefore be hit with a tariff rate commensurate with the trade deficit

Swiss scramble to avert Trump's 39% tariff ahead of looming deadline
Updated On : 04 Aug 2025 | 11:15 PM IST

Trump to replace Fed, labour chief amid row over jobs data, rate policy

After firing Bureau of Labour Statistics chief McEntarfer over weak jobs data and criticising Fed chair Powell, Trump signals new key appointments

Trump to replace Fed, labour chief amid row over jobs data, rate policy
Updated On : 04 Aug 2025 | 10:49 PM IST

US President Trump's envoy Steve Witkofs likely to visit Russia this week

Witkoff was expected to land in the Russian capital on Wednesday or Thursday, according to Trump, following his trip to Israel and Gaza

US President Trump's envoy Steve Witkofs likely to visit Russia this week
Updated On : 04 Aug 2025 | 10:22 PM IST

Tesla's brand loyalty collapsed after Musk backed Trump, shows data

That industry-leading brand loyalty rate started to nosedive in July, that data showed, when Musk endorsed Trump following an assassination attempt in Pennsylvania on the Republican nominee

Tesla's brand loyalty collapsed after Musk backed Trump, shows data
Updated On : 04 Aug 2025 | 10:21 PM IST

Microsoft's denial to Nayara Energy shows India's overlooked weaknesses

We have allowed these vulnerabilities to grow over the decades because of inaction

Microsoft's denial to Nayara Energy shows India's overlooked weaknesses
Updated On : 04 Aug 2025 | 9:57 PM IST

Interview | Raghuram Rajan on US trade deal, state of the Indian economy, declining FDIs, and more

In an exclusive chat with Business Standard, Raghuram breaks down the impact of the tariff wars, the impact of the US tariffs on India

Icon YoutubeInterview | Raghuram Rajan on US trade deal, state of the Indian economy, declining FDIs, and more
Updated On : 04 Aug 2025 | 6:25 PM IST

Govt working on measures to insulate exporters from Trump tariff: Official

The government is working on certain support measures for exporters in sectors like textiles and chemicals to insulate them from the impact of the Trump tariff, an official said on Monday. US President Donald Trump has announced an additional 25 per cent import duty on Indian goods entering America from August 7. The official said that the commerce ministry has held meetings with several export sectors, including steel, food processing, engineering, marine, and agriculture, to understand issues they may face due to high tariffs. Indian exporters from various sectors, including food, marine, and textiles, have sought financial assistance and affordable credit from the government to cope with the 25 per cent Trump tariff. Exporters are requesting the government to extend fiscal incentives such as interest subsidy and extension of RoDTEP scheme (Remission of Duties and Taxes on Exported Products), RoSCTL (Rebate of State and Central Taxes and Levies), timely payment of dues, and a dir

Govt working on measures to insulate exporters from Trump tariff: Official
Updated On : 04 Aug 2025 | 3:03 PM IST

Trump says tariff revenue could fund direct payouts to US citizens

As Trump signals cash benefits from trade tariffs, he fires the labour statistics commissioner after weak jobs data and faces a surprise Fed governor resignation

Trump says tariff revenue could fund direct payouts to US citizens
Updated On : 04 Aug 2025 | 1:26 PM IST

Trump's dead economy remark should not be taken literally: Shashi Tharoor

Congress MP Shashi Tharoor has said US President Donald Trump's remark terming India a dead economy was meant to be an "insult" and must not be taken "literally". Tharoor on Sunday said that when wars are being conducted with the active involvement of some of the biggest powers, and people who are supposed to be upholding world order are contributing to promoting disorder, India needs to be very clear about its national interests. The senior Congress leader, who was in conversation with Crossword CEO Aakash Gupta in Pune, spoke on a wide range of issues, including his latest book, "The Living Constitution". US President Trump last week called India a dead economy just hours after he announced a 25 per cent tariff on the import of Indian goods along with an unspecified penalty for buying vast majority of Russian military equipment and crude oil. Tharoor said that it is a turbulent and unpredictable world, especially with Trump in the White House. "On Trump, let me say, you can't ta

Trump's dead economy remark should not be taken literally: Shashi Tharoor
Updated On : 04 Aug 2025 | 12:23 PM IST

India's IOC buys 7 mn barrels US, Abu Dhabi crude amid Russian oil decline

India's top refiner IOC buys 7 million barrels of crude from US, Canada and Abu Dhabi via tender, as Russian oil imports pause due to narrowing discounts and rising sanctions

India's IOC buys 7 mn barrels US, Abu Dhabi crude amid Russian oil decline
Updated On : 04 Aug 2025 | 12:26 PM IST

Trump fired America's economic data collector. History shows the perils.

Economists say that reliable, independently produced statistics are critical to good decision making in both the public and private sector

Trump fired America's economic data collector. History shows the perils.
Updated On : 04 Aug 2025 | 11:57 AM IST