WASHINGTON: The US Supreme Court on Friday struck down President Donald Trump sweeping import tariffs, prompting a muted rally in global stock markets while stoking concerns among investors about government finances and rising bond yields. Read More: US Supreme Court questions Trump’s global tariff powers The court upheld a lower court ruling that Trump exceeded his authority under a 1977 […]
tariffs
House votes to overturn Trump’s Canada tariffs
WASHINGTON: The US House of Representatives votes Wednesday to overturn President Donald Trump’s tariffs on Canada, with six Republicans joining nearly all Democrats in opposing a key part of the president’s trade agenda. The measure passed 219–211. Read More: Trump warns Canada over China trade ties While largely symbolic, the resolution signals congressional resistance to Trump’s unilateral trade […]
US India interim trade agreement reshapes regional economic landscape
ISLAMABAD: Last week’s interim trade agreement between the United States (US) and India marks a significant shift in global trade dynamics, with potential repercussions extending beyond the two countries. Read More: US, India unveil interim trade framework to cut tariffs and deepen ties Under the joint statement issued on February 6, 2026, the United States agreed to reduce […]
US, India unveil interim trade framework to cut tariffs and deepen ties
The United States (US) and India moved closer to a comprehensive trade agreement on Friday, unveiling an interim framework aimed at lowering tariffs, reshaping energy ties and strengthening economic cooperation as both countries seek to realign global supply chains. In a joint statement, the two governments said the framework reaffirmed their commitment to negotiations toward […]
Trump says US negotiating with Cuba amid heightened pressure over oil supplies
WASHINGTON/HAVANA: US President Donald Trump said Sunday that Washington is in talks with Cuba leadership to “make a deal,” even as his administration ramps up pressure on the island’s struggling economy by targeting its oil supplies. Read More: Cuba defiant after Trump says no more Venezuelan oil or money Speaking to reporters at his Mar‑a‑Lago estate in Florida, Trump said […]
Kristen Stewart may leave US over Trump’s film industry policies
LOS ANGELES: Actress and filmmaker Kristen Stewart has indicated that she may move out of the United States due to her opposition to President Donald Trump’s policies, particularly those affecting the film industry. Read More: Kristen Stewart dismantles Hollywood’s ‘Genius Male Star’ illusion In a recent interview with The Times, Stewart said, “I can’t work freely […]
Trump threatens French wine tariffs over ‘Board of Peace’ snub
WASHINGTON: Former US President Donald Trump on Monday threatened to impose 200 percent tariffs on French wine and champagne after France indicated it would decline his invitation to join his “Board of Peace.” Read More: US invites global powers to join Gaza ‘Board of Peace‘ The Board of Peace, conceived by Trump to oversee the […]
Gold and silver hit record highs amid tariff fears
BENGALURU: Gold and silver surged to record highs on Monday as investors sought safe-haven assets amid fresh geopolitical tensions and uncertainty over US trade policy. Read More: Gold surges Rs7,500 per tola in Pakistan – Daily Times Spot gold jumped 1.7 per cent to $4,672.49 per ounce by 12:05pm ET, after briefly touching an all-time […]
Gold and silver reach record highs on tariff fears
Global markets witnessed strong safe‑haven demand on Monday as gold and silver prices climbed to record levels amid renewed trade tensions after U.S. President Donald Trump threatened tariffs on several European nations in a dispute over Greenland. Spot gold rose sharply, peaking near all‑time highs above $4,680 an ounce, while spot silver also surged, touching […]
World markets jitter as US threatens tariffs over Greenland
LONDON: Global markets faced fresh volatility on Sunday after US President Donald Trump threatened tariffs on eight European nations over Greenland. The proposed measures include a 10% import tariff starting February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain, rising to 25% on June 1 if a deal is […]