Yashwi Thakur

[ad_1] Trump escalated his trade war against China with 104% tariff. As President Donald Trump threatened China with more tariffs on Mondayt, the White House confirmed that the new tariffs would take the total tariff of China to 104 per cent if China does not back down. Trump announced a 34 per cent tariff on China on 'Liberation Day' which took the total tariff to 54 per cent. With another 50 per cent added to it, the total tariff would reach 104 per cent. After his meeting with Israel Prime Minister Benjamin Netanyahu, Trump said China is a massive surplus and they invest that extra money to te military which Trump does not want. "China is a massive surplus. That they take and they spend on their military. We don't want that. I don't want them to take $500 billion, […]

[ad_1] Austin Metcalf (left) was stabbed by Karmelo Anthony at track meet following an altercation over a seat. Karmelo Anthony, who was arrested on charges of murdering Austin Metcalf, a 17-year-old Frisco Memorial High School student following an altercation over a seat, raised $160,000 for legal fund -- as the shocking incident remains at the center of major debate, conspiracy theories and fake news. Anthony claimed he acted in self-defense when he stabbed Metcalf as Metcalf pushed him first. The accident was given a racial color on social media as Anthony is black but Austin Metcalf's father claimed that it was not a racial or political incident but he questioned the upbringing on Anthony.Anthony's father claimed Anthony is a good kid, works two jobs and has no temperamental issue. Amid debate over the stabbing and what prompted it, the fundraiser […]

[ad_1] Meghan McCain condemned Donald Trump's tariffs and said it affects everyone. Conservative voice Meghan McCain, daughter of Republican leader late John McCain, expressed her disapproval of Trump's tariffs that she claimed pushed Americans to struggle. She said she's not a financial expert but neither are those who are going to television channel and claiming that they don't care for the financial pain for while. "Most of you are married to finance bros, come from rich families or have huge media contracts. You have a cushion if s**t goes south". "One of my best friends buys her groceries for her family based on what coupons each store has. I assure you a possible recession or huge rise in prices everywhere will be a different experience for her family than you."Calling herself the "emperorts new clothes", she said she had to […]

[ad_1] Tesla shares dropped to a record low on Monday. As Tesla's stock reached a new low Monday, investors revisited what Donald Trump's commerce secretary Howard Lutnick commented about Tesla stock a month ago. Last month, Tesla stock plummeted owing to the global protest against Elon Musk because of his influence in the Trump administration. Thousands of Tesla vehicles were set on fire in a global Tesla Takedown program. At that time, Lutnock said Tesla shares would not go down below this point and hence everyone should buy Tesla shares. But on Monday Tesla shares dropped to $214.80 down from $235.86 when Lutnick made his remarks. “I think if you want to learn something on this show tonight, it’s buy Tesla,” Lutnick told on Fox in March, urging viewers to put their money in the company of a Trump administration […]

[ad_1] Ackman now says he was wrong to blame Howard Lutnick for the tariffs. Donald Trump-backer hedge fund manager Bill Ackman said Monday it was unfair of him to lash out at Donald Trump's commerce secretary Howard Lutnick. The comment came after Ackman created a meltdown almost equal to the market meltdown -- criticizing the Trump tariffs in a series of caustic social media posts. On Sunday, Ackman said he just figured out why Lutnick was indifferent to the stock market and the economy crashing. "He profits when ou economy implodes. It's a bad idea to pick a Secretary of Commerce whose firm is levered long fixed income. It's an irreconcilable conflict of interest," Ackman wrote.Hours later on Monday, Ackman changed his tack and said he does not think Lutnick is pursuing self-interest."I am sure he is doing the best […]

[ad_1] Markets turned green riding on rumors that Trump would consider a 90-day pause on tariffs. Stock markets turned green for a brief moment Monday morning after reports claimed that President Donald Trump is not ruling out a pause on the tariffs. To be more specific, it was reported that a 90-day pause is what the bleeding markets can expect. But moments later, the White House denied the reports and markets tanked again. "This looks a lot like a pump and dump scheme," an X user commented as Trump aide Kevin Hassett came under fire. What did Kevin Hassett say on Fox? Kevin Hassett went to Fox, where he was asked if Trump would consider a 90-day pause in tariffs. Hassett did not say 'yes'; he did not say 'no'. "I think the president is gonna decide what the president […]

[ad_1] US storms, 'devastating' flooding death toll climbs to 17 (AFP Image) Violent storms battering the central-eastern United States have killed at least 17 people, officials said Sunday, with the National Weather Service warning of "devastating" flash flooding.Flood warnings remain in effect, particularly in Kentucky, Tennessee, and Alabama, according to forecasters. Tennessee has been the hardest hit, with 10 deaths recorded in the western part of the state. Kentucky and Missouri each report two deaths, while Arkansas, Indiana, and Mississippi each count one, with tolls that could still rise.In Jeffersontown, Kentucky, buildings were left destroyed by a reported tornado, an AFP correspondent saw.Photos shared on social and local media showed widespread damage from the storm across several states, with homes torn apart, toppled trees, downed power lines and overturned cars.The National Weather Service said Sunday that "there is still some […]

[ad_1] Howard Lutnick clarified why penguin islands have been taxed. Donald Trump's commerce secretary Howard Lutnick clarified that a 10% baseline tax on the Heard and McDonald islands -- which are literally inhabited by only penguins -- was not a mistake and not an AI thing. As Lutnick appeared on CBS' Face the Nation, host Margater Brennan asked him why those Penguin-inhabited islands, which do not export anything to the Unites States, were featured on the list. "Did you use AI to generate this?"Lutnick said the idea was that there should be no countries left off. "If you leave anything off the list, the countries that try to basically arbitrage America go through those countries to us. Any country- like we had tariffs, the President put tariffs on China, right, in 2018, and then what China started doing is they […]

[ad_1] Billionaire hedge fund manager Bill Ackman is pleading with President Trump to hit the brakes on sweeping new tariffs, warning that the global economy is teetering on the edge of a “self-induced economic nuclear winter.”In a lengthy post on X Sunday night, Ackman—once a vocal Trump backer—urged the president to call a temporary timeout.“The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system,” Ackman wrote. “Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down. May cooler heads prevail.”Ackman’s remarks come as Trump pushes ahead with a 10% across-the-board tariff on imports, despite mounting concern from global markets and corporate leaders. While Ackman acknowledged the need to reform a global system that has disadvantaged US industries, he said the […]

[ad_1] On April 5, Saturday Night Live opened with James Austin Johnson’s Donald Trump standing at a podium, selling the American public on his latest economic strategy: tariffs, or as he calls them, “short for terrific idea.” The sketch was inspired by Trump’s real-life April 2 press conference, where he used a baffling chart to explain how his tariff plan was going to save the US economy — and possibly defeat China using the power of geometric confusion.Standing next to a chart that looked like it was pulled from a group project gone wrong, Johnson’s Trump attempted to decode its symbols. “That’s a triangle,” he said. “I don’t know what that is, but up here, that’s Xi from China, and that’s me stabbing him with the sword. And then down here, that’s some sideways b****— anyway, you get it, your […]