Donald Trump is proving disastrous for big tech

Donald Trump is proving disastrous for big tech

In the weeks after the re-election of Donald Trump, the bosses of America’s tech giants worked hard to ingratiate themselves withthe returning president, congratulating him publicly and dutifullyturning up to his inauguration. Mark Zuckerberg, the bossof Meta, gushed that it was nice to have an administration that was “proud” of America’s tech champions.

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Explainer: Why Donald Trump has slapped up to 245% tariff on China

Explainer: Why Donald Trump has slapped up to 245% tariff on China

Donald Trump has placed high tariffs on Chinese goods. This is in response to China’s control over minerals. These minerals are important for many industries. The US relies on China for these resources. Trump’s move aims to protect US security. China says it will take action. The US is working to build its own mineral industry.

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Donald Trump levies reciprocal tariffs: Gold, silver bullion among top 50 exempt items. Full list here

Donald Trump levies reciprocal tariffs: Gold, silver bullion among top 50 exempt items. Full list here

US President Donald Trump announced reciprocal tariffs on India, China, and several other countries in the wee hours of Thursday morning, sending the global markets into a tizzy. While announcing the tariffs, the White House said that the non-tariff barriers also deprive the American manufacturers of reciprocal access to markets globally. 

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Donald Trump announces 25% tariff on steel, aluminium imports into US

Donald Trump announces 25% tariff on steel, aluminium imports into US

US President Donald Trump announced new 25% tariffs on all steel and aluminium imports into the country, marking a significant escalation in his trade policy. Speaking to reporters aboard Air Force One en route to the NFL Super Bowl, Trump revealed that the official announcement will come on Monday. 

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Trump does dirty business again

Trump does dirty business again

Just when the global markets were coming to terms with Trump’s disruptive trade policies, the US President announced his paln to impose reciprocal tariffs on countries, instead of a blanket tariff. This has further muddied the trade waters and increased volatility in markets.

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