[ad_1] US President Donald Trump’s worldwide tariff salvo could lead to an overall contraction of around 1 percent in global merchandise trade volumes this year, the WTO chief warned Thursday. After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures would “have substantial implications…
[ad_1] New York: Tesla reported a 13 percent drop in first-quarter auto sales Wednesday amid lower production during factory upgrades and blowback over CEO Elon Musk’s work for the Trump administration. Musk’s electric vehicle company delivered 336,681 autos in the quarter ending March 31, missing analyst expectations, as it pointed to the “loss of several…
[ad_1] Washington, DC: Stocks of Elon Musk’s Tesla plummeted by more than 15 per cent on Monday, its largest single-day decline in several years amid a broad-based market sell-off sparked by potential recession concerns and uncertainty over President Donald Trump’s tariff plans. Shares registered their worst day since September 2020, closing more than 50 per…
