India

Trump puts on brave faces as economic risks grow, global stocks take beating, says US will be ‘whipping post’ no longer | World News

insidetrack IndiaApril 5, 2025

511 1 minute read

US President Donald Trump has imposed sweeping new tariffs on foreign-made cars and other imported goods. (File Photo)Donald Trump Tariffs news live updates: US President Donald Trump on Saturday reinforced his sweeping global tariff policy, cautioning Americans about upcoming economic hardship while assuring “the outcome will be horic”. The US President asked US citizens to “hang tough”. “We have been the dumb and helpless ‘whipping post,’ but not any longer. We are bringing back jobs and businesses like never before,” Trump posted on his Truth Social platform.
‘Liberation Day’ decree: Donald Trump imposed sweeping new tariffs on all trading partners causing global market turmoil and swift condemnation from allies and adversaries and tit-for-tat retaliation from China. All countries have been slapped with a 10 per cent ‘baseline’ tariff, with several others hit with varying levels of ‘retaliatory’ tariffs. Trump inss the policy will deliver “horic” results — but global businesses are already feeling the pressure.
Market in turmoil: Trump’s announcement on Wednesday sent shockwaves through global stock markets. Wall Street plunged on Friday, erasing $5 trillion in market value from S&P 500 companies the close of trading on Friday — marking a record two-day loss. Oil and commodity prices also tumbled as investors rushed toward the relative safety of government bonds. This came after steep losses in Asian and European markets.
© IE Online Media Services Pvt Ltd

insidetrack IndiaApril 5, 2025

511 1 minute read

insidetrack India

Barnet release four players following title win May 7, 2025
Barnet's release four players as their plans for their return to League Two next season continue to take shape.
Injured Maddison could miss start of pre-season May 7, 2025
Tottenham Hotspur midfielder James Maddison is a doubt for the start of pre-season after suffering a serious knee injury against Bodo/Glimt last week.
Kings visits Thames Tideway Tunnel 'super sewer' May 7, 2025
The tunnel - fully connected since August - prevents half a million tonnes of sewage entering the river.
Cup wins for Hampshire, Warwickshire and Lancashire May 7, 2025
Somerset see off Warwickshire, Hampshire cruise past Durham and Lancashire beat Surrey in the Women's One-Day Cup.
Gloucester sign Harlequins forward Trenholm May 7, 2025
Gloucester sign forward Will Trenholm from fellow Premiership side Harlequins for the 2025-26 season.

Operation name and two women send powerful message May 8, 2025
India's response to the Pahalgam killings was multifaceted, employing both military action and symbolic messaging. Operation Sindoor, named after the Hindu symbol of marriage, avenged the loss of Hindu women targeted by terrorists. The briefing was led by Colonel Sofiya Qureshi, a Muslim, and Wing Commander Vyomika Singh, a Hindu, showcasing India's unity against divisive […]
TNN
PM to Cabinet: Moment of pride, a unique op, it's only the beginning May 8, 2025
Prime Minister Narendra Modi commended the security forces on Wednesday for their successful strikes against terror facilities in Pakistan and POK, stating the nation is "proud" of their efforts. Sources indicate Modi emphasized the operation's necessity and the importance of continued preparedness for future security challenges.
DIPAK K DASH
Be on alert, secure vulnerable points: Amit Shah to border states May 8, 2025
Home Minister Amit Shah has directed states and Union Territories bordering Pakistan and Nepal to heighten security measures at vulnerable points, including vital installations, to counter potential threats. This directive follows a security assessment indicating possible retaliation from Pakistan, focusing on critical infrastructure.
BHARTI JAIN
HAL on high alert for IAF fighter fleet care May 8, 2025
Following India's Op Sindoor, Hindustan Aeronautics Limited (HAL) has heightened its alert status, mandating overtime for staff to ensure the readiness of IAF's fighter planes. Engineers and technicians are prepared for immediate deployment for repair work, with additional shifts implemented and a willingness to operate around the clock. HAL, the fourth line of service, is […]
CHETHAN KUMAR
Husbands killed by terrorists, justice delivered by Operation Sindoor May 8, 2025
Families of victims killed in a recent terrorist attack express solace and gratitude following India's retaliatory airstrikes, dubbed 'Operation Sindoor.' They believe justice has been served and that the action brings peace to the souls of their loved ones. Many implore the government to continue its offensive against terrorists to ensure the safety and security […]
TNN
Muslim clerics, netas back operation against Pakistan terror infra May 8, 2025
Prominent Muslim figures across India have voiced their strong support for the nation's military action against terror camps inside Pakistan, following the Pahalgam massacre. Clerics and political leaders alike emphasized the need for national unity and communal harmony in the fight against terrorism. They hailed the operation as a necessary step to protect citizens and […]
TNN
INDIA bloc leaders back operation, laud valour of defence forces May 7, 2025
Key INDIA bloc leaders have voiced their strong support for the Indian armed forces' precision strikes against terror infrastructure in Pakistan and POK, following the Pahalgam attack. Leaders like M.K. Stalin, Mamata Banerjee, Sharad Pawar, and Akhilesh Yadav emphasized national unity and the necessity of a firm response to terrorism, setting aside political differences to […]
TNN
Congress hails strikes against Pakistan, reiterates support to Centre May 7, 2025
Following retaliatory attacks, Congress has voiced its support for the Indian armed forces' decisive response to terror emanating from Pakistan, reiterating backing for the government's decisions in avenging the Pahalgam killings. The Congress Working Committee convened to display political unity, suspending political programs indefinitely. The party lauded the courage of soldiers involved in 'Operation Sindoor' […]
TNN
Supreme Court favours audit of defence land grants May 7, 2025
The Supreme Court voiced serious worries about private individuals receiving defence land within cantonments and the alleged encroachment of nearly 10,000 acres. The court questioned the Defence Ministry's transparency regarding encroachment details and proposed an audit involving revenue department officials and the CAG. The progress of digitizing defence land records was also requested by the […]
TNN
Congress seeks to ensure messaging aligned with public mood May 7, 2025
Congress is strategically aligning its messaging on the Pahalgam situation and conflict with Pakistan to project a united front and avoid internal discord. The party aims to reinforce its unconditional support for the government, preventing any deviations from the official stance. This approach seeks to solidify Congress's position and repair past missteps, particularly concerning national […]
TNN