Page 4 - Us President

ECB cuts rates again to help economy weather erratic US trade policy

The ECB has been lowering borrowing costs as post-pandemic price pressures retreat, and recent trade-related turmoil on global markets is adding to the case for further policy easing

Wall Street drops as Nvidia slumps on fresh US chip export curbs to China

The export controls are the newest attempt from the Trump administration to keep advanced semiconductors from being sold to China

India much better placed to deal with Trump tariffs: ITC Chairman

India is much better placed to deal with disruptions emanating from Trump tariffs as there is a possibility of signing an FTA with the US for which discussions are happening at fast pace, ITC Chairman Sanjiv Puri said. US President Donald Trump imposed reciprocal tariffs on many countries, including India, which he later postponed by three months with the exception of China on whom a 125 per cent tariff has been slapped. However, a 10 per cent additional duty on exports to the US will continue. The reciprocal tariffs will now kick in from July 9. When asked about the impact of such tariffs on the domestic industry, Puri said it will be difficult to say how it will evolve, but India will be much better placed in this. "It's difficult to say how it will evolve, but my own sense is that at the end of it, I think India is going to be much better placed, because we do see the possibility of several FTAs being inked, which industry has been looking forward to for some time, hopefully ...

US Vice President Vance, NSA Waltz expected to visit India from Apr 21

US Vice President J D Vance and National Security Adviser Michael Waltz are expected to be in New Delhi on April 21, reflecting Washington's focus on its relationship with India amid concerns across the globe over President Donald Trump's policy on tariffs. Both the US vice president and national security advisor are likely to embark on separate visits to India from April 21, top sources told PTI on Friday night. Vance's visit is likely to be more of a private trip, even though it will have official components. Waltz's visit will be a purely business trip as he will hold wide-ranging talks with his Indian interlocutors on a range of key issues including the security situation in the Indo-Pacific, the sources said. Both Vance and Waltz are expected to meet Prime Minister Narendra Modi before he travels to Saudi Arabia for a two-day visit from April 22. The visits of Vance and Waltz are taking place against the backdrop of Trump's policy on tariffs that triggered massive trade ...

Trump tells Russia to end 'terrible and senseless' war in Ukraine

In a post on Truth Social, the former US president said Russia must 'get moving' from the war, as US envoy Steve Witkoff met Vladimir Putin for ceasefire talks

House GOP okays Trump's big bill framework after intense internal wrangling

Donald Trump, at a black-tie fundraising dinner this week, had admonished Republicans to 'stop grandstanding' on the budget

Wall Street opens lower after sharp rally on Trump tariff reversal

The Dow Jones Industrial Average fell 611.5 points, or 1.51 per cent, at the open to 39,996.93

Trump to sign executive orders to boost US coal industry: Report

US power demand is rising for the first time in two decades as energy-intensive data centers for artificial intelligence, electric cars, and crypto currencies increase consumption

They have no idea why they are even there: Musk slams 'Hands Off' protests

Thousands of people across all the states of the US have staged protests against Donald Trump and Elon Musk on Saturday (local time)

After Trump, EU seeks zero tariff from India on car imports: Report

The European Commission declined to comment on specifics but shared a readout of its last round of talks with India in March

US President Trump tariffs push markets down rabbit hole of uncertainty

They suggest that the announcement of tariffs by US President Donald Trump has trapped markets in a bottomless pit for now, forecasting further declines in the near future

Officials cautious as US Prez Trump warns of secondary levy on Russian oil

Recently, Trump announced a 25 per cent blanket tariff on any nation purchasing oil and gas from Venezuela, effective April 2

Considering ways to serve third term as president, says Donald Trump

President Donald Trump said Sunday that I'm not joking about trying to serve a third term, the clearest indication he is considering ways to breach a constitutional barrier against continuing to lead the country after his second term ends in early 2029. There are methods which you could do it, Trump said in a telephone interview with NBC News. He also said it is far too early to think about it. The 22nd Amendment, which was added to the Constitution in 1951 after President Franklin D. Roosevelt was elected four times in a row, says no person shall be elected to the office of the President more than twice. NBC's Kristen Welker asked Trump if one potential avenue to a third term was having Vice President JD Vance run for the top job and then pass the baton to you. Well, that's one, Trump responded. But there are others too. There are others. Can you tell me another? she asked. No, Trump replied. Trump has mused before about serving longer than two terms before, generally with jok

Trump Media & Tech Group lists on NYSE Texas, handing early win to exchange

The company, which operates Truth Social and is primarily owned by US President Donald Trump, said it will also list its warrants on the Texas exchange

BlackRock's CEO Larry Fink warns of protectionism amid private market push

Fink wrote in his annual chairman's letter that too many people are currently missing out on prosperity in twin-speed economies

Donald Trump eyeing a third term as US President: Is it really possible?

US President Donald Trump said he is 'not joking' about seeking a third term, indicating that he may be exploring ways to challenge the constitutional limit

Trump's new election order creates confusion before midterms in 2026

President Donald Trump's executive order seeking to change how US elections are run is creating uncertainty for state and local election officials and worries about voter confusion before the next federal election, the 2026 midterms. Election officials were already dealing with the loss of some cybersecurity assistance from the federal government and now face the potential for major changes that include a new voter registration requirement, decertification of certain voting systems and stricter ballot deadlines for many states. In Connecticut, Secretary of the State Stephanie Thomas is hopeful that ballot scanners the state just bought for USD 20 million will be acceptable under the executive order, but she worries about other states. It's not like states have millions and millions of dollars that they can just upgrade their election equipment every couple of years, said Thomas, a Democrat. Imagine people purchased new equipment and now it no longer can be used. There is no remedy f

Reliance pauses buying of Venezuelan oil after Trump authorises 25% tariff

Reliance secured waivers from the US last year to resume importing crude from Venezuela, and Kpler estimates the refiner has taken 6.5 million barrels since the start of the year

Trump's portrait to be removed from Colorado Capitol after distorted claim

A portrait of Donald hanging at the Colorado state Capitol will be taken down after the US president claimed it was "purposefully distorted", state officials said on Monday. House Democrats said in a statement that the oil painting would be taken down at the request of Republican leaders in the Legislature. If the GOP wants to spend time and money on which portrait of Trump hangs in the Capitol, that's up to them, the Democrats said. The portrait was painted by artist Sarah Boardman during Trump's first term and unveiled in 2019. Colorado Republicans raised more than USD 10,000 through a GoFundMe account to commission the oil painting. In a Sunday night post on his Truth Social platform, Trump said he would prefer no picture at all over the one that hangs in the Colorado Capitol. The Republican lauded a nearby portrait of former president Barack Obama -- also by Boardman -- saying he looks wonderful". The portraits are under the purview of the Colorado Building Advisory ...

Will soon announce tariffs on autos, aluminum, pharmaceuticals: Trump

Speaking to reporters at the White House, Trump said the United States would need all those products if there were problems including wars