United States President Donald Trump has confirmed his administration is set to enforce 25 per cent tariffs on goods from Mexico and Canada, stoking concerns of a North American trade war and sending local financial markets into a spin.
Mr Trump said during an address at the White House on Monday local time that there was “no room left”
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A trade war between US and China seems closer than ever before.
A large number of Tesla customers were previously affluent, liberal, and environmentally conscious professionals.
They were drawn to Elon Musk’s claims that his electric vehicles could prevent the planet from being destroyed by fossil fuels.
But that’s not the case anymore.
The backlash against the company is growing.
» Read more about: Why Tesla owners are pasting ‘Elon ate my cat’ stickers on their cars »
Indian new-age tech stocks, known for their premium valuations, have become less appealing to investors as risk-off sentiment grows amid global uncertainty following Donald Trump’s tariff announcement, which could potentially trigger a new trade war.
The entire domestic market has been under severe stress in recent months,
Stock indices Sensex and Nifty fell sharply in Tuesday’s trade, as the tit-for-tat tariff war begins, with Asian markets nervously assessing its impact on exports, global inflation and economic growth.
Mirroring the selloff on Wall Street overnight, most Asian markets slumped up to 2 per cent today as tariff threats are turning into action,
» Read more about: Stock market today: Sensex, Nifty tank as Trump tariffs trigger global selloff »
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Bitcoin price tumbled nearly 10 per cent on Monday (March 3) as concerns over an escalating trade war and uncertainty surrounding a potential US cryptocurrency reserve sent investors fleeing from risk.
» Read more about: Bitcoin price drops below $85,000 amid trade war, US crypto reserve uncertainty »
KEY POINTS
» Read more about: Is Gov. Cox’s promise to kill the Social Security tax dead in the water? »
Kaitlyn “Amouranth” Siragusa posted about the violent Houston robbery on social media.
HOUSTON — A popular streamer was attacked in her Houston home over the weekend, according to police.
Kaitlyn “Amouranth” Siragusa, 31, told investigators she was asleep when three men broke into her home and attacked her in her bed just before 11 p.m.
NEW YORK :Cryptocurrency exchange Kraken said on Monday that the U.S. Securities and Exchange Commission had agreed in principle to dismiss a civil lawsuit accusing it of illegally operating as an unregistered securities exchange.
In a statement on its blog, Kraken said the dismissal is with prejudice, with no admission of wrongdoing,
» Read more about: Cryptocurrency exchange Kraken says US SEC will dismiss lawsuit »
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The timing surrounding your investing and savings choices is always important to get right, but particularly in recent years. With inflation surging and interest rates rising alongside it,