US President Donald Trump’s administration on Saturday imposed new restrictions on flights from Mexico. It also warned of ending the long-standing partnership between Delta Air Lines and Aeromexico, in retaliation to limits imposed by the Mexican government on passenger and cargo flights into Mexico City in recent years.“Joe Biden and Pete Buttigieg deliberately allowed Mexico to break our bilateral aviation …
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Micron raises US chip investment to $200 billion, adds new Idaho plant, aims to capture 10% global share with Trump backing – Times of India
US semiconductor giant Micron Technology on Thursday announced it is expanding its domestic investment to $200 billion, supported by the Trump administration, in a major push to strengthen America’s chip manufacturing and supply chain resilience.The revised plan includes an additional $30 billion over previous commitments and features the construction of a second cutting-edge memory chip fabrication facility in Boise, Idaho. …
Read More »Higher steel tariffs to dent exports as companies look at other markets – Times of India
Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have gone slow on fresh orders as costs went up significantly after the imposition of 25 per cent duty, although India was not seen to be worse …
Read More »Elon Musk Leaves Trump Administration, Marking End to Stormy Alliance – SUCH TV
Billionaire Tesla CEO Elon Musk is leaving the Trump administration after leading a tumultuous efficiency drive, during which he upended several federal agencies, but ultimately failed to deliver the generational savings he had sought. His “off-boarding will begin tonight,” a White House official told Reuters late Wednesday, confirming Musk’s departure from government. Musk earlier on Wednesday took to his social …
Read More »Adani Group stocks surge up to 14% on reports of Gautam Adani’s representatives meeting Trump officials – Times of India
Adani Group stocks rally (AI image) Adani Group stocks today: Adani Group stocks on Monday saw significant gains of up to 14% after reports emerged of meetings between Gautam Adani representatives and US President Donald Trump‘s administration officials. The discussions centred on seeking dismissal of criminal charges in a bribery investigation, as reported by Bloomberg News.The market response saw Adani …
Read More »‘Unsustainable’: US treasury sec calls Chinese export-driven model harmful – The Times of India
The United States on Wednesday launched a fresh attack on China’s economic approach, calling its export driven model “unsustainable,” which harms not only China but also the rest of the world. Speaking at the IIF Global Outlook Forum in Washington, US treasury secretary Scott Bessent stressed rising concerns around trade imbalances that US President Donald Trump hopes to address through …
Read More »Trump administration asks Supreme Court to intervene in case of Maryland man deported to El Salvador
Washington — The Trump administration asked the Supreme Court on Monday to intervene in an ongoing legal battle over a Maryland man who was mistakenly arrested and removed to El Salvador last month. The Justice Department’s request for emergency relief from the high court comes as it faces a court-ordered 11:59 p.m. deadline to return the man, Kilmar Armando Abrego …
Read More »Asian stock markets plunge, U.S. futures tumble as tariff turmoil continues
Overseas financial markets plunged in early trading Monday, while U.S. stock futures came under renewed selling pressure after leading indexes crumbled last week amid investor fears over the economic fallout from the Trump administration’s latest tariff salvo. Japan’s Nikkei 225 index tumbled nearly 8% shortly after the market opened in Tokyo though by midday, it was down 6%. Australia’s S&P/ASX 200 …
Read More »Trump administration argues judge can’t order the return of man mistakenly deported to El Salvador
A federal judge did not have the authority to order the Trump administration to broker the return of a Maryland man who was mistakenly deported from the U.S. to a notorious El Salvador prison, government attorneys argued Saturday as they urged an appeals court to suspend the ruling. U.S. District Judge Paula Xinis on Friday ordered the administration to “facilitate and …
Read More »“Hands Off!” demonstrations protest Trump, Musk across U.S.
Opponents of President Donald Trump and billionaire Elon Musk rallied across the U.S. on Saturday to protest the administration’s actions on government downsizing, the economy, human rights and other issues. More than 1,200 “Hands Off!” demonstrations were planned by more than 150 groups, including civil rights organizations, labor unions, LBGTQ+ advocates, veterans and elections activists. The protests were taking place at …
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