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Here's why Trump thinks tariffs are good for the U.S.

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2 views 9 mins

President-elect Donald Trump, an avowed fan of tariffs, is pledging to enact stiff import duties as soon as he’s inaugurated in January. For Trump, these new levies would both supercharge the trade policies pursued during his first administration and, more broadly, help the U.S. achieve key economic and social goals.  On his Truth Social site Monday evening, […]

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Siberia to Rajasthan, crane sets a flight record – 3,676 km

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J AIPUR: A tagged Siberian Demoiselle crane has soared further in the pecking order of long flights, taking a detour to wing over 3,676km to Rajasthan and setting a new distance record for migratory birds arriving in the state.Nicknamed Sukpak, the crane swooped down to Khichan in Phalodi district. It was clicked by an Australian […]

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Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes

Business
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Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department store and its off-price chain. Yet despite its better-than-expected quarter, the Seattle-based retailer gave only a slightly rosier full-year sales forecast — taking a conservative […]

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Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

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Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. The meeting summary contained multiple statements indicating that officials are comfortable with the pace of inflation, even though by most […]

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Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Business
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A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs […]

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King Charles ‘amazing’ monarchy lauded despite cancer

Entertainment
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King Charles III has been lauded for his valour and strength as he keeps on working for the monarchy. His Majesty, who is actively serving the public despite his cancer diagnosis at the age of 76, has shown commendable will power. Former Royal photographer, Arthur Edwards, tells The Sun: “He’s just amazing, the amount of […]

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UK to water down electric car making rules as Vauxhall closes factory, putting 1,100 jobs at risk

Business
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Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting […]

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Scientists find new formula that could help detect killer asteroids

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This is an AI-generated image, used for representational purposes only. Scientists in Spain may have taken a giant leap in safeguarding Earth from potential asteroid collisions. A study published in the ‘Monthly Notices of the Royal Astronomical Society’ highlights a new formula that uses the gravitational bending of light to pinpoint the precise locations of […]