Page 3 - Us President

Indian firms shifting focus to domestic market because of trade war: Survey

The ongoing tariff wars seem to have triggered a rethink among Indian businesses, and a growing number of entities are shifting focus to prioritize domestic markets, a survey of 250 entities released on Thursday said. "Indian firms are rethinking their trade strategies to adapt to evolving market dynamics, with 87 per cent of firms pivoting their focus toward domestic clients, prioritizing local customer needs to ensure stability," the survey of entities having turnovers between USD 50 million-2 billion, said. Over three-fourths of the respondents said that they are reassessing their long-term business strategies in response to changes in trade policies, as per the survey conducted by foreign lender HSBC. Four-fifths of the respondents said they are exercising greater caution in expansion and investment decisions due to trade-related uncertainties. US President Donald Trump has taken a slew of measures on the trade policies front to protect domestic interests, which are different f

Reagan, Carter and Biden: A history of US presidents diagnosed with cancer

As Joe Biden begins treatment for prostate cancer, here's a look at other US presidents who faced cancer diagnoses and how their cases were managed

Russia-Ukraine conflict: Eliminate root cause of issue, Putin tells Trump

Putin described the call with the US President as "informative and helpful". He also told Trump that the "root cause of the issue" must be addressed to resolve the war

Datanomics: Remittance tax in Donald Trump's 'Big, Beautiful Bill'

A provision in Trump's new 'Beautiful Bill' suggests a 5% excise tax on all outward remittances by non-US citizens, raising the cost of transfers to countries like India

'Deeply concerned': PM Modi wishes Biden speedy recovery from cancer

PM Modi's statement comes after Biden's office revealed that the 82-year-old former president was diagnosed with an "aggressive form of prostate cancer" that spread to the bone

Biden diagnosed with aggressive prostate cancer, reviewing treatment

Former US President Joe Biden's cancer diagnosis appears to be hormone-sensitive, which allows for effective management, a statement from his office read

'Eat the Tariffs': Donald Trump tells Walmart not to charge shoppers more

President Trump criticises Walmart for blaming tariffs on price hikes, urging the retailer to absorb the costs instead. 'Walmart and China should 'eat the tariffs,' he wrote on Truth Social

Donald Trump says US to set tariff rates for other nations in weeks

Trump said Friday that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick 'will be sending letters out essentially telling people'

US President Donald Trump's drug price slash could sting Indian pharma

Up to 80% US price cuts may squeeze margins, push up innovator drug costs

Trump backs full US-UK trade deal in boost for Starmer after weeks of talks

The US President said in a post on his social media platform that Thursday would be an 'exciting day' for the two nations

Will be a two term president: Trump as he dismisses claims for a third term

After fuelling 2028 speculation, Trump confirms he will not seek third term, citing constitutional limits and Republican support for successors

Won't remove Fed Chair Powell before term ends in 2026: US President Trump

Asked if he would remove Powell before his term as chair ends in 2026, Trump issued his most definitive denial

US adds 177,000 jobs in sign of resilience; unemployment steady at 4.2%

American employers added a better-than-expected 1,77,000 jobs in April as the job market showed resilience in the face of President Donald Trump's trade wars. Hiring was down slightly from a revised 1,85,000 in March and came in above economists' expectations for a modest 1,35,000. The unemployment rate remained at a low 4.2 per cent, the Labour Department reported Friday. President Donald Trump's aggressive and unpredictable policies including massive import taxes have clouded the outlook for the economy and the job market and raised fears that the American economy is headed toward recession. But Friday's report showed the damage isn't showing up in the labour market yet. The labour market refuses to buckle in the face of trade war uncertainty, Christopher Rupkey, chief economist at fwdbonds, a financial markets research firm. Politicians can count their lucky stars that companies are holding on to their workers despite the storm clouds forming that could slow the economy further

Trump admin sues Hawaii, Michigan to block planned climate change lawsuits

Neither state has sued yet. Hawaii Governor Josh Green told a local TV station that his state plans to sue fossil fuel companies as soon as Thursday

Trump's NSA Mike Waltz, deputy Alex Wong set to exit US administration

Donald Trump aide Mike Waltz set to exit US administration weeks after accidentally leaking military strike details in a Signal chat

Russia declares a ceasefire in Ukraine on May 8-10 for WWII Victory Day

It comes as US President Donald Trump's scaled up efforts to broker a peace deal in Ukraine

Trump says he's being 'inundated' with requests to seek third term

President Donald Trump has said that he is being "inundated" with requests to seek a third term. However, he insisted there are some loopholes to the constitutional bar preventing presidents from seeking a third term. During a recent interview with Time magazine, Trump was asked about saying he was not joking about seeking a third term previously. He responded, There are some loopholes. But, he added, I don't believe in using loopholes. The 22nd Amendment states, No person shall be elected to the office of the President more than twice. A possible way around that would be for Vice President JD Vance to be elected president in 2028, then step aside in favour of Trump. Trump said he didn't know anything about that possibility, but also noted, I am being inundated with requests.

Trump open to Iran talks, threatens military action over nuclear threat

The last known face-to-face negotiations between the two countries took place under former US President Barack Obama during diplomacy that led to the 2015 nuclear accord

Trump warns of economic slowdown unless US Fed cuts interest rates

U.S. stocks slid further after the president's social media post. The benchmark S&P 500 Index was down 2% on the day

Iran open to new nuclear pact, but demands guarantees Trump won't exit it

Former US President Joe Biden, whose administration unsuccessfully tried to reinstate the 2015 pact, was not able to meet Tehran's demand for guarantees