Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
From Trump's Tariff Tantrums
The New Indian Express Dharmapuri
|August 03, 2025
In November 2024, Donald J. Trump's fans in Delhi conducted prayers and a 'havan' for his success in the US presidential elections.
The prayers worked well for Trump, as he recorded a historic victory, but not quite so for his Indian groupies.
Less than a year later, following diatribes and the imposition of tariffs, Trump is the subject of much disdain and memes on social media. It is not just Indians—more than half the adults in 19 of the 24 countries polled by Pew Research Center lack confidence in Trump's leadership of world affairs.
Context changes everything—definitions, expectations, and perceptions. This week, Trump's tortuous tariff tantrums reached a new milestone as he signed executive orders. Predictably, stock markets tanked across the world—the Nifty50 slid by 200 points, Hang Seng by 265 points, and Nikkei225 by 270 points. The US benchmark S&P 500, which has been hovering at record highs, dipped 101 points, and Nasdaq slid 472 points, leaving many tech barons poorer. Even Bitcoin tumbled to $115,000.
The tariffs rattled currency markets, fueling a rise in the stock markets' 'fear index,' aka VIX.
In India, the tariff shock and Trump's tirade triggered a parade of rhetoric. There has been much lather about Trump describing India as a 'dead economy'. Opposition leaders are required to calibrate their commentary. Rahul Gandhi displayed astonishingly poor judgment as he agreed with Trump and failed to make the distinction between his critique of the regime and the nation.
Denne historien er fra August 03, 2025-utgaven av The New Indian Express Dharmapuri.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Dharmapuri
The New Indian Express Dharmapuri
More foodgrain godowns built in 52 months by DMK than 10 yrs of AIADMK rule, says minister
IN the last 52 months of DMK rule, paddy godowns with a storage capacity totalling to 7.37 lakh tonnes were built, which is higher than what was set up during the 10 years of AIADMK rule, said Minister for Food and Civil Supplies R Sakkarapani on Wednesday.
2 mins
October 23, 2025
The New Indian Express Dharmapuri
Asia Cup to be handed over in official ceremony: Naqvi
REFUSING to budge from his previous stance, Mohsin Naqvi, Pakistan Cricket Board (PCB) chairman and also president of Asian Cricket Council (ACC), reiterated that the Asia Cup will be personally handed to the victorious Indian team by him in his capacity as the head of the continental cricket board.
1 mins
October 23, 2025
The New Indian Express Dharmapuri
PSG score seven, Barca hit six on a goal-filled night
PARIS Saint-Germain scored seven, Barcelona hit six and Erling Haaland struck his 24th goal of the season on an actionpacked night in the Champions League.
1 min
October 23, 2025
The New Indian Express Dharmapuri
Rain puts a dampener on NZ’s best laid plans
IN the last week or so, New Zealand captain Sophie Devine was seen playing with a mosquito bat in the dressing room at the RS Premadasa Stadium in Colombo and a sparkler, a type of firecracker, during Deepavali celebrations here in the city. But not so much with the bat.
1 mins
October 23, 2025
The New Indian Express Dharmapuri
Coach Srinath backs Praggnanandhaa, Erigaisi at chess World Cup
GRANDMASTER Srinath Narayanan, who was the coach of the India team that won gold at the 2024 Chess Olympiad, felt both R Praggnanandhaa and Arjun Erigaisi would have a great chance to lift the title.
1 mins
October 23, 2025
The New Indian Express Dharmapuri
Egypt, EU hold first summit on Gaza, trade and security talks
EGYPT and the European Union will hold their first summit on Wednesday in Brussels where leaders will discuss security, trade and migration as well as stability in Gaza.
1 min
October 23, 2025
The New Indian Express Dharmapuri
EC initiates talks with states for nationwide SIR rollout
THE Election Commission of India (ECI) on Wednesday began a two-day meeting with Chief Electoral Officers (CEOs) from all the states and the Union Territories (UTs) to review preparations for the nationwide Special Intensive Revision (SIR) of electoral rolls.
1 mins
October 23, 2025
The New Indian Express Dharmapuri
Vance, Bibi stress cooperation as ceasefire efforts continue
AS top US officials and envoys visit Israel this week to try to bolster the Gaza ceasefire agreement, Vice President JD Vance sought on Wednesday to publicly ease concerns within Israel that the Trump administration was dictating terms to its closest ally in the region.
1 min
October 23, 2025
The New Indian Express Dharmapuri
Two buses, other vehicles collide in western Uganda leaving 46 people dead
TWO buses and two other vehicles crashed early Wednesday on a highway in western Uganda, killing at least 46 people, police said, in one of the worst motor accidents in the East African country in recent years.
1 mins
October 23, 2025
The New Indian Express Dharmapuri
Rural women's participation in workforce high
25 Bhairav Light Combat Battalions likely to get ready within six months
1 mins
October 23, 2025
Listen
Translate
Change font size