BUSINESS

Trump's Trade Math Baffles Economists

The numbers presented on the chart Trump used in his presentation differ from actual tariff figures
Trade economists were scratching their heads on Thursday at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners.
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US President Donald Trump said in announcing new tariffs that Indian Prime Minister Narendra Modi was a "great friend" but that he had not been "treating us right"

India Eyes Opportunity Despite Trump Tariffs Hit

India reacted cautiously on Thursday to US President Donald Trump's sweeping tariffs, with the government saying it was examining both "implications" and "opportunities" from the duty hikes.
Markets have been hammered by Donald Trump's decision to impose sweeping tariffs on all trading partners

Stocks Tank, Havens Rally As Trump Tariffs Fan Trade War

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a "haymaker" blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation.

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