Fani Willis, the district attorney handling Donald Trump's election racketeering case, has been disqualified from the proceedings due to conflict of interest concerns.



Fani Willis Disqualified as DA in Donald Trump's Election Racketeering Case

The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown. Watch this report for more details!

USA News: House Rejects Trump-backed Plan On U.S. Government Shutdown | Race To Power | WION

Former President Donald Trump's new demands have put immense pressure on Congress as they work to avert a potential government shutdown. Lawmakers are scrambling to reach an agreement amid growing concerns over funding and political negotiations. Watch in for more details!

US Government Shutdown: Trump's Rejection Adds A Wrinkle Of A Prolonged Shutdown Risk

New Delhi
Don't mistake a dealmaker's bluster for a sword-fighter's jab.
That could well be a guiding principle for those trying to decipher the planned increases in import tariffs announced by US President-elect Donald Trump especially on China, Mexico, and Canada -- though his loud words extend to India.
You have to read not just the fine print but also separate the rhetoric from ground realities on an issue that is not as open-and-shut as it seems from headline statements.
Also read | <a href="https://www.wionews.com/world/they-tax-us-we-tax-them-trump-issues-fresh-threat-to-india-over-high-tariff-784819">‘They tax us, we tax them,’ Trump issues fresh threat to India over ‘high tariffs’</a>
It can certainly be said that Trump is trying to change the global trade game as the US struggles with a trade deficit mountain that harms its overall economic well-being (the federal budget deficit is a bigger problem). But global trade as well as American consumerism are joined at the hip. A good swing here could mean a bad swing there. Furthermore, Trump's bravado is not just about merchandise trade.
It involves positions and outcomes on illegal immigration, supply chain linkages between products compositely manufactured in various parts of the planet, and macroeconomic factors such as foreign exchange rates and interest rates. No one is going to suffer this disruption alone -- though indications are that the whole tariff game contains more gain than pain for India.
However, China's toolkit as well as its famous ability to show some shrewd gestures make it more complicated.
What we can expect is a slow-grinding set of adjustments after an initial round of fireworks that would indicate where the game is going.
We also need to do some trade calculations specific to industries. It is all up in the air. Trump, being a real estate tycoon more than a militarist nationalist, is likely to use power to cut better deals than take wounds on the economy he is steering.
I do think one factor that is not being discussed loudly but needs to be is the strange business of high technology that actually gives the US a pivotal economic strength.
Also read | <a href="https://www.wionews.com/autonews/trumps-proposed-25-import-tariffs-loom-large-over-us-automotive-sector-780174">Trump's proposed 25% import tariffs loom large over US automotive sector</a>
My assessment is that industries such as computers, software, the Internet, and the emerging spectre of artificial intelligence cannot be subject to Trump's simplistic approach. Imagine Trump cracking down on the manufacturing industry of a country but instead facing retaliation that could hurt Google, Microsoft, Netflix, Facebook, or Amazon!
Republican Trump's Make America Great Again (MAGA) campaign may boomerang on the very giants of US dominance in global trade if he is not careful enough.
The President-elect has said he would sign an executive order imposing a 25 per cent tariff on all Mexican and Canadian imports and an extra 10 per cent on Chinese goods as soon as he takes over at the White House in January. But his swipes at Mexico and Canada are perhaps less about the US trade deficit and more about illegal immigration.
That is a classic apple-and-orange conflict in which Trump may want to extract security-linked gains in exchange for elbow room in trade. But there are also aspects linked to the North American Free Trade Agreement (NAFTA), which is where the Trump tariffs might hurt Mexico and Canada.
We just have to wait and watch as this is not subject to conventional trade dynamics. Leaders of both Mexico and Canada have already indicated a mood of reconciliation. It would be wiser to expect a deal than a war.
The general belief that US inflation rates may surge if cheap Chinese (or other) imports are restricted will certainly be a factor. Trump may not be in a hurry to spite US consumers even as he tries to keep his promise to strengthen the American economy. The US economy is doing pretty well in terms of jobs with the current unemployment rate well below the long-term average.
Also watch | World Business Watch: China steps up stimulus to recharge growth ahead Of US tariffs
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://cdn.thepublive.com/wion/static/kaltura_player/wion_video_player_iframe.html?thumbnail=wion/media/post_attachments/files/2024/12/13/1312_wion_CHINA_930AM-1734071426-00000003.jpg&videourl=https://vodakm.zeenews.com/vod/WION/1312_wion_CHINA_930AM.mp4/index.m3u8&duration=131&tags=China,US,World News,WION" style="width:100%;max-width:560px;" width="560"></iframe></div>
The tangle with China is more intriguing and interesting. The US had an overall trade deficit of $773 billion in 2023 of which China accounted for the lion's share of $279 billion. But then, China's foreign exchange reserves at $3.265 trillion are more than 10 times the deficit figure. In plain language, Beijing has deep pockets to fight a trade war if needed.
It is now warming up to a BRICS alliance of Brazil, Russia, India, China and South Africa to dig its heels. China also has the option of strategically devaluing its currency -- long overdue after decades of strengthening its reserves with a state-controlled overvaluation.
From toys and furniture to nuclear reactors, China's dragon grip on US consumerism is strong. If America's consumers show withdrawal symptoms after decades of cheaper imports to aid profits and lifestyles, Trump may have to show some patience.
India is a potential gainer with a "China Plus One" strategy under which the US as an importer would systematically reduce the Chinese grip, but this would be a lot slower as India needs to build capacities and prove its capabilities on a large scale in which China is decidedly a leader of sorts.
Speaking earlier this week, Trump appeared to target India as well, though his words seemed rhetorical, as he talked of a "reciprocal" tit-for-tat tariff action.
"If they tax us, we tax them the same amount. They tax us. We tax them...Almost in all cases, they're taxing us, and we haven't been taxing them.”
Is that a warning shot? On paper, India stands to gain as a long-term alternative to China in industries such as textiles, pharmaceuticals and electronics, but some token action that hurts some Indian industries cannot be ruled out. On the other hand, if China withdraws some export rebates in solar panel components as part of a trade adjustment with the US, India could get caught in the middle with higher component costs. China is also a dominant supplier of laptops and smartphones worldwide, and they have both business and consumer value that makes targeted trade attacks difficult to enforce.
My guess is that Republican Trump will have his hands full in addressing some key domestic issues that target rival Democrats and an alleged "deep state" to please supporters and aides who include arch-conservatists on the loony fringe.
Whatever the details, it is going to be an uncertain 2025 for all. Whether Trump acts fast, slow or with gingerly strides, there is no denying that the US is an influential economic superpower. Few would be in the mood to do business as usual without looking over their shoulders as Trump weighs in with his tariff strategy.

Republican Trump's Make America Great Again (MAGA) campaign may boomerang on the very giants of US dominance in global trade if he is not careful enough.



New Delhi Don't mistake a dealmaker's bluster for a sword-fighter's jab. That could well be a guiding principle for those trying to decipher the planned increases in import tariffs announced by US President-elect Donald Trump especially on China, Mexico, and Canada -- though his loud words extend to India. You have to read not just the fine print but also separate the rhetoric from ground realities on an issue that is not as open-and-shut as it seems from headline statements. Also read | ‘They tax us, we tax them,’ Trump issues fresh threat to India over ‘high tariffs’ It can certainly be said that Trump is trying to change the global trade game as the US struggles with a trade deficit mountain that harms its overall economic well-being (the federal budget deficit is a bigger problem). But global trade as well as American consumerism are joined at the hip. A good swing here could mean a bad swing there. Furthermore, Trump's bravado is not just about merchandise trade. It involves positions and outcomes on illegal immigration, supply chain linkages between products compositely manufactured in various parts of the planet, and macroeconomic factors such as foreign exchange rates and interest rates. No one is going to suffer this disruption alone -- though indications are that the whole tariff game contains more gain than pain for India. However, China's toolkit as well as its famous ability to show some shrewd gestures make it more complicated. What we can expect is a slow-grinding set of adjustments after an initial round of fireworks that would indicate where the game is going. We also need to do some trade calculations specific to industries. It is all up in the air. Trump, being a real estate tycoon more than a militarist nationalist, is likely to use power to cut better deals than take wounds on the economy he is steering. I do think one factor that is not being discussed loudly but needs to be is the strange business of high technology that actually gives the US a pivotal economic strength. Also read | Trump's proposed 25% import tariffs loom large over US automotive sector My assessment is that industries such as computers, software, the Internet, and the emerging spectre of artificial intelligence cannot be subject to Trump's simplistic approach. Imagine Trump cracking down on the manufacturing industry of a country but instead facing retaliation that could hurt Google, Microsoft, Netflix, Facebook, or Amazon! Republican Trump's Make America Great Again (MAGA) campaign may boomerang on the very giants of US dominance in global trade if he is not careful enough. The President-elect has said he would sign an executive order imposing a 25 per cent tariff on all Mexican and Canadian imports and an extra 10 per cent on Chinese goods as soon as he takes over at the White House in January. But his swipes at Mexico and Canada are perhaps less about the US trade deficit and more about illegal immigration. That is a classic apple-and-orange conflict in which Trump may want to extract security-linked gains in exchange for elbow room in trade. But there are also aspects linked to the North American Free Trade Agreement (NAFTA), which is where the Trump tariffs might hurt Mexico and Canada. We just have to wait and watch as this is not subject to conventional trade dynamics. Leaders of both Mexico and Canada have already indicated a mood of reconciliation. It would be wiser to expect a deal than a war. The general belief that US inflation rates may surge if cheap Chinese (or other) imports are restricted will certainly be a factor. Trump may not be in a hurry to spite US consumers even as he tries to keep his promise to strengthen the American economy. The US economy is doing pretty well in terms of jobs with the current unemployment rate well below the long-term average. Also watch | World Business Watch: China steps up stimulus to recharge growth ahead Of US tariffs The tangle with China is more intriguing and interesting. The US had an overall trade deficit of $773 billion in 2023 of which China accounted for the lion's share of $279 billion. But then, China's foreign exchange reserves at $3.265 trillion are more than 10 times the deficit figure. In plain language, Beijing has deep pockets to fight a trade war if needed. It is now warming up to a BRICS alliance of Brazil, Russia, India, China and South Africa to dig its heels. China also has the option of strategically devaluing its currency -- long overdue after decades of strengthening its reserves with a state-controlled overvaluation. From toys and furniture to nuclear reactors, China's dragon grip on US consumerism is strong. If America's consumers show withdrawal symptoms after decades of cheaper imports to aid profits and lifestyles, Trump may have to show some patience. India is a potential gainer with a "China Plus One" strategy under which the US as an importer would systematically reduce the Chinese grip, but this would be a lot slower as India needs to build capacities and prove its capabilities on a large scale in which China is decidedly a leader of sorts. Speaking earlier this week, Trump appeared to target India as well, though his words seemed rhetorical, as he talked of a "reciprocal" tit-for-tat tariff action. "If they tax us, we tax them the same amount. They tax us. We tax them...Almost in all cases, they're taxing us, and we haven't been taxing them.” Is that a warning shot? On paper, India stands to gain as a long-term alternative to China in industries such as textiles, pharmaceuticals and electronics, but some token action that hurts some Indian industries cannot be ruled out. On the other hand, if China withdraws some export rebates in solar panel components as part of a trade adjustment with the US, India could get caught in the middle with higher component costs. China is also a dominant supplier of laptops and smartphones worldwide, and they have both business and consumer value that makes targeted trade attacks difficult to enforce. My guess is that Republican Trump will have his hands full in addressing some key domestic issues that target rival Democrats and an alleged "deep state" to please supporters and aides who include arch-conservatists on the loony fringe. Whatever the details, it is going to be an uncertain 2025 for all. Whether Trump acts fast, slow or with gingerly strides, there is no denying that the US is an influential economic superpower. Few would be in the mood to do business as usual without looking over their shoulders as Trump weighs in with his tariff strategy.

Trump's tough talk on tariffs needs a reality check but it's going to be a year of living dangerously

President-elect Donald Trump's inauguration on January 20th approaches, his influence continues to grow. The US president-elect is fully embracing the power that comes with the upcoming rule, relishing the peak perks. He has sparked renewed tensions with Canada, mocking its prime minister and leadership in a social media post. This as Justin Trudeau himself is trying to keep his political boat afloat as crisis deepens within his own cabinet. Watch in for more details!

Will Trudeau Survive The Mounting Pressure?

Donald Trump has warned India of imposing reciprocal tariffs if the country continues to levy taxes on U.S. goods, escalating trade tensions between the two nations.



Donald Trump Threatens Reciprocal Tariffs On India, 'If They Tax Us, We Tax Them'

New Delhi, India 
Luigi Mangione has been charged in the killing of UnitedHealthcare CEO Brian Thompson, including first-degree murder and an "act of terrorism." 
President-elect Donald Trump criticised India for charging high import taxes, some as much as 100 per cent. He said he would respond with similar measures and take a tough stance on trade with India, China and Brazil.
Meanwhile, some sad news for Indian cinema: Laapata Ladies failed to make the Oscars shortlist for Best International Feature. Despite high hopes, the Academy revealed 15 contenders, but India’s official entry didn’t make the cut, leaving fans with broken hearts.
Click on the headlines to read more:
<a href="https://www.wionews.com/world/alleged-unitedhealthcare-ceo-killer-luigi-mangione-charged-with-murder-terrorism-for-brian-thompson-murder-784812">Alleged CEO killer Luigi Mangione charged with murder, terrorism for Brian Thompson's murder</a>
<img alt="main img" src="https://img-cdn.thepublive.com/filters:format(webp)/wion/media/post_attachments/files/2024/12/18/471759-new-wion-2024-12-18t061757542.jpg"/>
US prosecutors on Tuesday (Dec 17) charged Luigi Mangione, with the murder of UnitedHealthcare CEO Brian Thompson, including a second-degree murder charge "as an act of terrorism."  

<a href="https://www.wionews.com/world/they-tax-us-we-tax-them-trump-issues-fresh-threat-to-india-over-high-tariff-784819">‘They tax us, we tax them,’ Trump issues fresh threat to India over ‘high tariff’</a>
<img alt="main img" src="https://img-cdn.thepublive.com/filters:format(webp)/wion/media/post_attachments/files/2024/11/26/467973-trump-16.png"/>
US President-elect Donald Trump has vowed to follow a tit-for-tat approach regarding India’s ‘high tax’ policy, criticising towering tariffs on imports from America, as high as 100 per cent on some products. Speaking at his Mar-a-Lago resort Monday (Dec 16), Trump told reporters, "If they tax us, we tax them the same amount." 
<a href="https://www.wionews.com/world/us-congressman-claims-unidentified-aircraft-in-new-jersey-new-york-are-chinese-spy-drones-784814">US congressman claims unidentified aircraft in New Jersey, New York are Chinese 'spy drones'</a>
<img alt="main img" src="https://img-cdn.thepublive.com/filters:format(webp)/wion/media/post_attachments/files/2024/12/18/471760-new-wion-2024-12-18t065304682.jpg"/>
US House Foreign Affairs Committee chairperson Michael McCaul on Tuesday (Dec 17) alleged that the unidentified drones recently spotted over New Jersey and New York are "spy drones" from China. McCaul's claim comes after the Biden administration downplayed the sightings as largely commercial in nature.
<a href="https://www.wionews.com/entertainment/bollywood/news-laapataa-ladies-out-of-oscars-race-netizens-upset-with-film-federation-of-india-784834">Laapataa Ladies out of Oscars race; netizens upset with Film Federation of India</a>
<img alt="main img" src="https://img-cdn.thepublive.com/filters:format(webp)/wion/media/post_attachments/files/2024/09/23/456289-horizons-2024-09-23t144943951.jpg"/>
 Sad news for Indian fans as Laapata Ladies failed to make it to the shortlisted names. In the category for Best International Feature, a total of 15 names was announced and India’s official entry failed to make the cut.
Watch | Bangladesh: Sheikh Hasina Accused Of Mass Killings and Crime Against Humanity
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://cdn.thepublive.com/wion/static/kaltura_player/wion_video_player_iframe.html?thumbnail=wion/media/post_attachments/files/2024/12/18/1802_wion_hasina_8am-1734494717-00000003.jpg&videourl=https://vodakm.zeenews.com/vod/WION/1802_wion_hasina_8am.mp4/index.m3u8&duration=67&tags=Bangladesh,Sheikh Hasina,Move,money,Yunus" style="width:100%;max-width:560px;" width="560"></iframe></div>

Good morning! Start your day with WIONs daily news brief.



New Delhi, India Luigi Mangione has been charged in the killing of UnitedHealthcare CEO Brian Thompson, including first-degree murder and an "act of terrorism." President-elect Donald Trump criticised India for charging high import taxes, some as much as 100 per cent. He said he would respond with similar measures and take a tough stance on trade with India, China and Brazil. Meanwhile, some sad news for Indian cinema: Laapata Ladies failed to make the Oscars shortlist for Best International Feature. Despite high hopes, the Academy revealed 15 contenders, but India’s official entry didn’t make the cut, leaving fans with broken hearts. Click on the headlines to read more: Alleged CEO killer Luigi Mangione charged with murder, terrorism for Brian Thompson's murder US prosecutors on Tuesday (Dec 17) charged Luigi Mangione, with the murder of UnitedHealthcare CEO Brian Thompson, including a second-degree murder charge "as an act of terrorism." ‘They tax us, we tax them,’ Trump issues fresh threat to India over ‘high tariff’ US President-elect Donald Trump has vowed to follow a tit-for-tat approach regarding India’s ‘high tax’ policy, criticising towering tariffs on imports from America, as high as 100 per cent on some products. Speaking at his Mar-a-Lago resort Monday (Dec 16), Trump told reporters, "If they tax us, we tax them the same amount." US congressman claims unidentified aircraft in New Jersey, New York are Chinese 'spy drones' US House Foreign Affairs Committee chairperson Michael McCaul on Tuesday (Dec 17) alleged that the unidentified drones recently spotted over New Jersey and New York are "spy drones" from China. McCaul's claim comes after the Biden administration downplayed the sightings as largely commercial in nature. Laapataa Ladies out of Oscars race; netizens upset with Film Federation of India Sad news for Indian fans as Laapata Ladies failed to make it to the shortlisted names. In the category for Best International Feature, a total of 15 names was announced and India’s official entry failed to make the cut. Watch | Bangladesh: Sheikh Hasina Accused Of Mass Killings and Crime Against Humanity

Morning news brief: Luigi Mangione charged in murder of US CEO; Trump slams India's import tariffs, and more

Donald Trump has filed a lawsuit against the Des Moines Register and its pollster, Ann Selzer, claiming election interference following the publication of a poll he believes is biased against him.

Donald Trump Sues Des Moines Register and Selzer, Alleging ‘Election Interference’

Donald Trump has filed a lawsuit against the Des Moines Register and its pollster, Ann Selzer, claiming election interference following the publication of a poll he believes is biased against him.



Don't mistake a dealmaker's bluster for a sword-fighter's jab.

That could well be a guiding principle for those trying to decipher the planned increases in import tariffs announced by US President-elect Donald Trump especially on China, Mexico, and Canada -- though his loud words extend to India.

You have to read not just the fine print but also separate the rhetoric from ground realities on an issue that is not as open-and-shut as it seems from headline statements.

Also read |&nbsp;<a href="https://www.wionews.com/world/they-tax-us-we-tax-them-trump-issues-fresh-threat-to-india-over-high-tariff-784819">‘They tax us, we tax them,’ Trump issues fresh threat to India over ‘high tariffs’</a>

It can certainly be said that Trump is trying to change the global trade game as the US struggles with a trade deficit mountain that harms its overall economic well-being (the federal budget deficit is a bigger problem). But global trade as well as American consumerism are joined at the hip. A good swing here could mean a bad swing there. Furthermore, Trump's bravado is not just about merchandise trade.

It involves positions and outcomes on illegal immigration, supply chain linkages between products compositely manufactured in various parts of the planet, and macroeconomic factors such as foreign exchange rates and interest rates. No one is going to suffer this disruption alone -- though indications are that the whole tariff game contains more gain than pain for India.

However, China's toolkit as well as its famous ability to show some shrewd gestures make it more complicated.

What we can expect is a slow-grinding set of adjustments after an initial round of fireworks that would indicate where the game is going.

We also need to do some trade calculations specific to industries. It is all up in the air. Trump, being a real estate tycoon more than a militarist nationalist, is likely to use power to cut better deals than take wounds on the economy he is steering.

I do think one factor that is not being discussed loudly but needs to be is the strange business of high technology that actually gives the US a pivotal economic strength.

Also read |&nbsp;<a href="https://www.wionews.com/autonews/trumps-proposed-25-import-tariffs-loom-large-over-us-automotive-sector-780174">Trump's proposed 25% import tariffs loom large over US automotive sector</a>

My assessment is that industries such as computers, software, the Internet, and the emerging spectre of artificial intelligence cannot be subject to Trump's simplistic approach. Imagine Trump cracking down on the manufacturing industry of a country but instead facing retaliation that could hurt Google, Microsoft, Netflix, Facebook, or Amazon!

Republican Trump's Make America Great Again (MAGA) campaign may boomerang on the very giants of US dominance in global trade if he is not careful enough.

The President-elect has said he would sign an executive order imposing a 25 per cent tariff on all Mexican and Canadian imports and an extra 10 per cent on Chinese goods as soon as he takes over at the White House in January. But his swipes at Mexico and Canada are perhaps less about the US trade deficit and more about illegal immigration.

That is a classic apple-and-orange conflict in which Trump may want to extract security-linked gains in exchange for elbow room in trade. But there are also aspects linked to the North American Free Trade Agreement (NAFTA), which is where the Trump tariffs might hurt Mexico and Canada.

We just have to wait and watch as this is not subject to conventional trade dynamics. Leaders of both Mexico and Canada have already indicated a mood of reconciliation. It would be wiser to expect a deal than a war.

The general belief that US inflation rates may surge if cheap Chinese (or other) imports are restricted will certainly be a factor. Trump may not be in a hurry to spite US consumers even as he tries to keep his promise to strengthen the American economy. The US economy is doing pretty well in terms of jobs with the current unemployment rate well below the long-term average.

Also watch | World Business Watch:&nbsp;China steps up stimulus to recharge growth ahead Of US tariffs

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/china-steps-up-stimulus-to-recharge-growth-ahead-of-us-tariffs-783652/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

The tangle with China is more intriguing and interesting. The US had an overall trade deficit of $773 billion in 2023 of which China accounted for the lion's share of $279 billion. But then, China's foreign exchange reserves at $3.265 trillion are more than 10 times the deficit figure. In plain language, Beijing has deep pockets to fight a trade war if needed.

It is now warming up to a BRICS alliance of Brazil, Russia, India, China and South Africa to dig its heels. China also has the option of strategically devaluing its currency -- long overdue after decades of strengthening its reserves with a state-controlled overvaluation.

From toys and furniture to nuclear reactors, China's dragon grip on US consumerism is strong. If America's consumers show withdrawal symptoms after decades of cheaper imports to aid profits and lifestyles, Trump may have to show some patience.

India is a potential gainer with a "China Plus One" strategy under which the US as an importer would systematically reduce the Chinese grip, but this would be a lot slower as India needs to build capacities and prove its capabilities on a large scale in which China is decidedly a leader of sorts.

Speaking earlier this week, Trump appeared to target India as well, though his words seemed rhetorical, as he talked of a "reciprocal" tit-for-tat tariff action.

"If they tax us, we tax them the same amount. They tax us. We tax them...Almost in all cases, they're taxing us, and we haven't been taxing them.”

Is that a warning shot? On paper, India stands to gain as a long-term alternative to China in industries such as textiles, pharmaceuticals and electronics, but some token action that hurts some Indian industries cannot be ruled out. On the other hand, if&nbsp;China withdraws some export rebates in solar panel components as part of a trade adjustment with the US, India could get caught in the middle with higher component costs. China is also a dominant supplier of laptops and smartphones worldwide, and they have both business and consumer value that makes targeted trade attacks difficult to enforce.

My guess is that Republican Trump will have his hands full in addressing some key domestic issues that target rival Democrats and an alleged "deep state" to please supporters and aides who include arch-conservatists on the loony fringe.

Whatever the details, it is going to be an uncertain 2025 for all. Whether Trump acts fast, slow or with gingerly strides, there is no denying that the US is an influential economic superpower. Few would be in the mood to do business as usual without looking over their shoulders as Trump weighs in with his tariff strategy.

Don't mistake a dealmaker's bluster for a sword-fighter's jab. That could well be a guiding principle for those trying to decipher the planned increases in import tariffs announced by US President-elect Donald Trump especially on China, Mexico, and Canada -- though his loud words extend to India.

Don't mistake a dealmaker's bluster for a sword-fighter's jab. That could well be a guiding principle for those trying to decipher the planned increases in import tariffs announced by US President-elect Donald Trump especially on China, Mexico, and Canada -- though his loud words extend to India. You have to read not just the fine print but also separate the rhetoric from ground realities on an issue that is not as open-and-shut as it seems from headline statements. Also read | ‘They tax us, we tax them,’ Trump issues fresh threat to India over ‘high tariffs’ It can certainly be said that Trump is trying to change the global trade game as the US struggles with a trade deficit mountain that harms its overall economic well-being (the federal budget deficit is a bigger problem). But global trade as well as American consumerism are joined at the hip. A good swing here could mean a bad swing there. Furthermore, Trump's bravado is not just about merchandise trade. It involves positions and outcomes on illegal immigration, supply chain linkages between products compositely manufactured in various parts of the planet, and macroeconomic factors such as foreign exchange rates and interest rates. No one is going to suffer this disruption alone -- though indications are that the whole tariff game contains more gain than pain for India. However, China's toolkit as well as its famous ability to show some shrewd gestures make it more complicated. What we can expect is a slow-grinding set of adjustments after an initial round of fireworks that would indicate where the game is going. We also need to do some trade calculations specific to industries. It is all up in the air. Trump, being a real estate tycoon more than a militarist nationalist, is likely to use power to cut better deals than take wounds on the economy he is steering. I do think one factor that is not being discussed loudly but needs to be is the strange business of high technology that actually gives the US a pivotal economic strength. Also read | Trump's proposed 25% import tariffs loom large over US automotive sector My assessment is that industries such as computers, software, the Internet, and the emerging spectre of artificial intelligence cannot be subject to Trump's simplistic approach. Imagine Trump cracking down on the manufacturing industry of a country but instead facing retaliation that could hurt Google, Microsoft, Netflix, Facebook, or Amazon! Republican Trump's Make America Great Again (MAGA) campaign may boomerang on the very giants of US dominance in global trade if he is not careful enough. The President-elect has said he would sign an executive order imposing a 25 per cent tariff on all Mexican and Canadian imports and an extra 10 per cent on Chinese goods as soon as he takes over at the White House in January. But his swipes at Mexico and Canada are perhaps less about the US trade deficit and more about illegal immigration. That is a classic apple-and-orange conflict in which Trump may want to extract security-linked gains in exchange for elbow room in trade. But there are also aspects linked to the North American Free Trade Agreement (NAFTA), which is where the Trump tariffs might hurt Mexico and Canada. We just have to wait and watch as this is not subject to conventional trade dynamics. Leaders of both Mexico and Canada have already indicated a mood of reconciliation. It would be wiser to expect a deal than a war. The general belief that US inflation rates may surge if cheap Chinese (or other) imports are restricted will certainly be a factor. Trump may not be in a hurry to spite US consumers even as he tries to keep his promise to strengthen the American economy. The US economy is doing pretty well in terms of jobs with the current unemployment rate well below the long-term average. Also watch | World Business Watch: China steps up stimulus to recharge growth ahead Of US tariffs The tangle with China is more intriguing and interesting. The US had an overall trade deficit of $773 billion in 2023 of which China accounted for the lion's share of $279 billion. But then, China's foreign exchange reserves at $3.265 trillion are more than 10 times the deficit figure. In plain language, Beijing has deep pockets to fight a trade war if needed. It is now warming up to a BRICS alliance of Brazil, Russia, India, China and South Africa to dig its heels. China also has the option of strategically devaluing its currency -- long overdue after decades of strengthening its reserves with a state-controlled overvaluation. From toys and furniture to nuclear reactors, China's dragon grip on US consumerism is strong. If America's consumers show withdrawal symptoms after decades of cheaper imports to aid profits and lifestyles, Trump may have to show some patience. India is a potential gainer with a "China Plus One" strategy under which the US as an importer would systematically reduce the Chinese grip, but this would be a lot slower as India needs to build capacities and prove its capabilities on a large scale in which China is decidedly a leader of sorts. Speaking earlier this week, Trump appeared to target India as well, though his words seemed rhetorical, as he talked of a "reciprocal" tit-for-tat tariff action. "If they tax us, we tax them the same amount. They tax us. We tax them...Almost in all cases, they're taxing us, and we haven't been taxing them.” Is that a warning shot? On paper, India stands to gain as a long-term alternative to China in industries such as textiles, pharmaceuticals and electronics, but some token action that hurts some Indian industries cannot be ruled out. On the other hand, if China withdraws some export rebates in solar panel components as part of a trade adjustment with the US, India could get caught in the middle with higher component costs. China is also a dominant supplier of laptops and smartphones worldwide, and they have both business and consumer value that makes targeted trade attacks difficult to enforce. My guess is that Republican Trump will have his hands full in addressing some key domestic issues that target rival Democrats and an alleged "deep state" to please supporters and aides who include arch-conservatists on the loony fringe. Whatever the details, it is going to be an uncertain 2025 for all. Whether Trump acts fast, slow or with gingerly strides, there is no denying that the US is an influential economic superpower. Few would be in the mood to do business as usual without looking over their shoulders as Trump weighs in with his tariff strategy.

Former President Donald Trump has criticized Turkey's actions in Syria, describing them as an "unfriendly takeover" amid ongoing tensions in the region. His remarks add to the complexity of US-Turkey relations.

USA: Trump Calls Rebellion In Syria 'Unfriendly Takeover' By Turkiye

Former President Donald Trump has criticized Turkey's actions in Syria, describing them as an "unfriendly takeover" amid ongoing tensions in the region. His remarks add to the complexity of US-Turkey relations.



Donald Trump has warned India of imposing reciprocal tariffs if the country continues to levy taxes on U.S. goods, escalating trade tensions between the two nations.

The American president-elect Donald Trump appears to be operating in overdrive as he prepares for his January inauguration. Following his appointments of family members and also close associates to key positions, a move that some are calling the march of the Trump family, he is now fully embracing the power that comes with his new role, enjoying the perks without yet facing the responsibilities. In fact, some say that Donald Trump at this moment is running a parallel White House in the United States. Watch in for more details!

USA News: President-Elect Warns Hamas To Release Hostages Soon

US President-elect Donald Trump has said that the US military should detail about the nature of drone sightings to the American people amid a series of drone sightings being reported across the country. Watch in for more details!

Mystery Drone Sightings In USA: White House Releases Statement, Says 'No Reason For Alarm Found'

Palm beach, florida 
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Before taking office, US President-elect Donald Trump announced that Ukrainian President Volodymyr Zelensky had not been invited to his inauguration ceremony. The statement, made during Trump’s first formal press conference after winning the election, surprised many and hinted at a major foreign policy shift.
While Trump’s team is reportedly working to ease tensions with Russia, maintaining communication with President Vladimir Putin’s office. In addition, Trump confirmed that he had extended an invitation to Chinese President Xi Jinping. However, Xi’s acceptance remains unclear at this stage.
<h2>Trump plans federal changes</h2>
Addressing the media in a sweeping 70-minute news conference, the president-elect outlined plans for a clear break from the Biden administration. Trump criticised the current state of federal governance and promised action to ensure efficiency.
“If federal workers don’t return to the office, they will be fired,” Trump declared firmly. He also revealed that he is “looking at” the possibility of privatising the United States Postal Service.
Trump appeared confident and relaxed, showcasing a greater sense of readiness compared to his transition eight years ago.
Also read:<a href="https://www.wionews.com/trending/i-cried-for-30-minutes-straight-michelle-obama-on-day-of-donald-trumps-inauguration-in-2017-569923"> I cried for 30 minutes straight: Michelle Obama on day of Donald Trump’s inauguration in 2017</a>
<h2>Shift in foreign alliances?</h2>
Trump’s decision to exclude Zelensky while reaching out to Putin and Xi marks a notable shift in US diplomacy. Zelensky, a key ally of the Biden administration, had received strong support during his presidency amid the ongoing Russia-Ukraine war.
While Trump avoided further elaboration on Zelensky’s absence, analysts suggest the move is part of his strategy to rebalance US foreign policy. “We are working to stabilise international relations,” Trump stated at the press conference held at his Mar-a-Lago estate in Florida.
(With inputs from agencies)

In a 70-minute press conference, President-elect Trump outlined plans to break from the Biden administration, criticising federal governance and promising greater efficiency.



Palm beach, florida Before taking office, US President-elect Donald Trump announced that Ukrainian President Volodymyr Zelensky had not been invited to his inauguration ceremony. The statement, made during Trump’s first formal press conference after winning the election, surprised many and hinted at a major foreign policy shift. While Trump’s team is reportedly working to ease tensions with Russia, maintaining communication with President Vladimir Putin’s office. In addition, Trump confirmed that he had extended an invitation to Chinese President Xi Jinping. However, Xi’s acceptance remains unclear at this stage. Trump plans federal changes Addressing the media in a sweeping 70-minute news conference, the president-elect outlined plans for a clear break from the Biden administration. Trump criticised the current state of federal governance and promised action to ensure efficiency. “If federal workers don’t return to the office, they will be fired,” Trump declared firmly. He also revealed that he is “looking at” the possibility of privatising the United States Postal Service. Trump appeared confident and relaxed, showcasing a greater sense of readiness compared to his transition eight years ago. Also read: I cried for 30 minutes straight: Michelle Obama on day of Donald Trump’s inauguration in 2017 Shift in foreign alliances? Trump’s decision to exclude Zelensky while reaching out to Putin and Xi marks a notable shift in US diplomacy. Zelensky, a key ally of the Biden administration, had received strong support during his presidency amid the ongoing Russia-Ukraine war. While Trump avoided further elaboration on Zelensky’s absence, analysts suggest the move is part of his strategy to rebalance US foreign policy. “We are working to stabilise international relations,” Trump stated at the press conference held at his Mar-a-Lago estate in Florida. (With inputs from agencies)

Trump inauguration: Zelensky not invited, but US president-elect says 'would love to have' Xi Jinping

Donald Trump has labeled Syrian President Bashar al-Assad a "butcher," intensifying tensions in the region. Meanwhile, the Syrian government has called on Russia to reconsider its military presence, signaling potential shifts in the dynamics of the ongoing Syrian conflict.

Trump Labels Assad a 'Butcher' as Syrian Govt Urges Russia To Reconsider Its Presence

Donald Trump has labeled Syrian President Bashar al-Assad a "butcher," intensifying tensions in the region. Meanwhile, the Syrian government has called on Russia to reconsider its military presence, signaling potential shifts in the dynamics of the ongoing Syrian conflict.



#GRAVITAS | In the US there is a growing concern over a series of mysterious drone sightings the Biden administration is saying it is probing the sightings... But from mystery, these drones are now becoming a national security issue...Now lawmakers from Biden's party too want clear answers from white house...While trump team wants an iron dome to protect American skies from the drone menace...Watch in for more details!

GRAVITAS: Are US Skies Safe From Drone Threats?

Former U.S. President Donald Trump has once again warned Hamas to release hostages, stating that failure to do so will result in severe consequences. His statement comes amid ongoing tensions and calls for the safe return of captives held by the militant group.

Trump Issues New Warning To Hamas: Release Hostages Soon or 'All Hell Will Break Out'

Former U.S. President Donald Trump has once again warned Hamas to release hostages, stating that failure to do so will result in severe consequences. His statement comes amid ongoing tensions and calls for the safe return of captives held by the militant group.



Before taking office, US President-elect Donald Trump announced that Ukrainian President Volodymyr Zelensky had not been invited to his inauguration ceremony. The statement, made during Trump’s first formal press conference after winning the election, surprised many and hinted at a major foreign policy shift.

Before taking office, US President-elect Donald Trump announced that Ukrainian President Volodymyr Zelensky had not been invited to his inauguration ceremony. The statement, made during Trump’s first formal press conference after winning the election, surprised many and hinted at a major foreign policy shift. While Trump’s team is reportedly working to ease tensions with Russia, maintaining communication with President Vladimir Putin’s office. In addition, Trump confirmed that he had extended an invitation to Chinese President Xi Jinping. However, Xi’s acceptance remains unclear at this stage. Trump plans federal changes Addressing the media in a sweeping 70-minute news conference, the president-elect outlined plans for a clear break from the Biden administration. Trump criticised the current state of federal governance and promised action to ensure efficiency. “If federal workers don’t return to the office, they will be fired,” Trump declared firmly. He also revealed that he is “looking at” the possibility of privatising the United States Postal Service. Trump appeared confident and relaxed, showcasing a greater sense of readiness compared to his transition eight years ago. Also read: I cried for 30 minutes straight: Michelle Obama on day of Donald Trump’s inauguration in 2017 Shift in foreign alliances? Trump’s decision to exclude Zelensky while reaching out to Putin and Xi marks a notable shift in US diplomacy. Zelensky, a key ally of the Biden administration, had received strong support during his presidency amid the ongoing Russia-Ukraine war. While Trump avoided further elaboration on Zelensky’s absence, analysts suggest the move is part of his strategy to rebalance US foreign policy. “We are working to stabilise international relations,” Trump stated at the press conference held at his Mar-a-Lago estate in Florida. (With inputs from agencies)

In US there is a growing concern over a series of mysterious drone sightings the Biden administration is saying it is probing the sightings... But from mystery, these drones are now becoming a national security issue...Now lawmakers from Biden's party too want clear answers from white house...While trump team wants an iron dome to protect American skies from the drone menace...

USA News: Trump Team Wants Iron Dome Against Drones

New Jersey, United States 

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Podcast icon Joe Rogan has expressed his growing worry over the mysterious drone sightings in New Jersey and parts of the Empire State, following a disturbing new theory. The podcast host made these comments on Sunday, December 15, after watching a video that shared an unsettling and unverified claim about the drones.
<h2 dir="ltr">Drone theory raises alarm</h2>
The video, which quickly went viral, features John Ferguson, CEO of a remote aircraft system company in Kansas. He suggests the drones may be searching for something on the ground, like a gas leak or radioactive material. “The only reason you would fly an unmanned aircraft at night is if you’re looking for something,” Ferguson explained, adding that he doesn’t believe the drones are harmful.
Ferguson clarified that this theory is just his best guess based on his expertise and hasn’t been confirmed by others. He cautioned viewers not to jump to conclusions, saying, “If you think it’s nonsense, that’s fine. I don’t want to spread misinformation.”
Also Read:<a href="https://www.wionews.com/world/trump-slams-biden-government-over-mystery-drone-sightings-says-shoot-them-down-783863"> Trump slams Biden government over mystery drone sightings, says 'shoot them down'</a>
<h2 dir="ltr">Rogan’s growing concern</h2>
Rogan’s response to Ferguson’s theory was quick. The podcast host took to social media platform X (formerly Twitter), saying, “This is the first video about these drones that has got me genuinely concerned.” His concern grew, particularly after earlier comments from government officials downplaying the situation.
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This is the first video about these drones that has got me genuinely concerned. <a href="https://t.co/yzRoie2lUn">https://t.co/yzRoie2lUn</a>
— Joe Rogan (@joerogan) <a href="https://twitter.com/joerogan/status/1868328609687171282?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
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<h2 dir="ltr">Govt dismisses threat amid growing speculation</h2>
White House spokesperson John Kirby reassured the public that the drones posed no threat, but Rogan questioned this, calling it “sus.” Homeland Security Secretary Alejandro Mayorkas stated that while some sightings were drones, others were manned aircraft misidentified as drones.
Despite official dismissals, theories persist. Some experts suspect a foreign power may be involved, using the drones to distract from other activities. President-elect Donald Trump also suggested the government knows more and called for the drones to be shot down.
Watch: Mystery Drone Sightings Continue in New Jersey: Here's What We Know
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<h2 dir="ltr">A growing mystery</h2>
The mystery of the drone sightings is sparking fear and rumours despite dismissal from the government. With so many questions and few answers, people are left wondering what these strange drones are really up to.
(With inputs from agencies)

Rogan quickly reacted to Ferguson’s theory, sharing his concern on X (formerly Twitter). He wrote, “This is the first video about these drones that has got me genuinely worried.” His concern grew even more after government officials dismissed the issue.



New Jersey, United States Podcast icon Joe Rogan has expressed his growing worry over the mysterious drone sightings in New Jersey and parts of the Empire State, following a disturbing new theory. The podcast host made these comments on Sunday, December 15, after watching a video that shared an unsettling and unverified claim about the drones. Drone theory raises alarm The video, which quickly went viral, features John Ferguson, CEO of a remote aircraft system company in Kansas. He suggests the drones may be searching for something on the ground, like a gas leak or radioactive material. “The only reason you would fly an unmanned aircraft at night is if you’re looking for something,” Ferguson explained, adding that he doesn’t believe the drones are harmful. Ferguson clarified that this theory is just his best guess based on his expertise and hasn’t been confirmed by others. He cautioned viewers not to jump to conclusions, saying, “If you think it’s nonsense, that’s fine. I don’t want to spread misinformation.” Also Read: Trump slams Biden government over mystery drone sightings, says 'shoot them down' Rogan’s growing concern Rogan’s response to Ferguson’s theory was quick. The podcast host took to social media platform X (formerly Twitter), saying, “This is the first video about these drones that has got me genuinely concerned.” His concern grew, particularly after earlier comments from government officials downplaying the situation. This is the first video about these drones that has got me genuinely concerned. https://t.co/yzRoie2lUn — Joe Rogan (@joerogan) December 15, 2024 × Govt dismisses threat amid growing speculation White House spokesperson John Kirby reassured the public that the drones posed no threat, but Rogan questioned this, calling it “sus.” Homeland Security Secretary Alejandro Mayorkas stated that while some sightings were drones, others were manned aircraft misidentified as drones. Despite official dismissals, theories persist. Some experts suspect a foreign power may be involved, using the drones to distract from other activities. President-elect Donald Trump also suggested the government knows more and called for the drones to be shot down. Watch: Mystery Drone Sightings Continue in New Jersey: Here's What We Know A growing mystery The mystery of the drone sightings is sparking fear and rumours despite dismissal from the government. With so many questions and few answers, people are left wondering what these strange drones are really up to. (With inputs from agencies)

'Growing worry': Joe Rogan on mysterious drone sightings after new theory emerges

President-elect Donald Trump is eyeing the privatization of the U.S. Postal service as the agency struggles with mounting losses. The USPS reported a 9.5 billion dollar net loss for the fiscal year ending September 30th, up by 3 billion dollars from the previous year. Since 2007, the postal service has accumulated over 100 billion dollars in losses.

Trump Eyes Privatizing U.S. Postal Services Amid Growing Losses

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