The US stock market saw a sharp decline as the Dow Jones Industrial Average fell by 1,400 points, or 3.3%, following President Trump’s new tariffs on imports. The S&P 500 and Nasdaq Composite also dropped, reflecting a global market sell-off. Economists warn these tariffs could lower US economic growth and increase inflation, potentially leading to a recession.
Related Posts
V Narayanan appointed new Isro chairman
V Narayanan has been appointed as the new Chairman of ISRO, succeeding S Somanath. Narayanan, currently Director of the Liquid Propulsion Systems Centre, will begin […]
‘Akin to foreign interference’: India on Canada’s visa denial charge
India has rejected Canadian media reports accusing it of using visa denials to interfere in Canada’s internal affairs. The Indian government asserts its right to […]
Biden ‘discussing’ possible Israeli strikes on Iran oil facilities
US President Joe Biden is discussing potential Israeli strikes on Iranian oil facilities, leading to a five per cent surge in oil prices. He stressed […]