Inflation is stuck. Can Trump unstick it?

“I won on groceries,” the president-elect said in an interview Sunday on “Meet the Press.” In his nomination-acceptance speech at the Republican National Convention in July, Trump said he would “end the devastating inflation crisis immediately.” Despite his pledge to lower inflation, if Trump follows through on some of his tariff and immigration plans , … Read more

Dollar gains after Trump vows tariffs against Mexico and Canada

The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada. The dollar rose over 2% against the Mexican peso and 1% against its Canadian counterpart. The dollar … Read more

India gets Trump-ready, draws up new policy briefs

Senior Indian government officials are preparing fresh policy briefs, especially on trade and investment, following the election of Donald Trump as the next US president, two officials told ET. During his campaign, Trump had threatened to impose tariffs on imports to protect US jobs.While the government hopes Trump’s second stint will further bolster India-US relations, … Read more

Former US President Donald Trump indicted in classified documents probe

Donald Trump said Thursday he has been indicted over his handling of classified documents after leaving office, the US ex-president’s most serious legal threat yet as a firestorm of criminal investigations imperil his bid for a second White House term. “The corrupt Biden Administration has informed my attorneys that I have been Indicted, seemingly over … Read more