TRUMP TALKS TRADE
'Trump has cost us': After midterm losses, MAGA asks if it's over
MAGA supporters are reflecting on the recent midterm election losses and their implications for the movement. Many are questioning Trump's role in the party's electoral failures and expressing frustration with party leaders. The elections have raised concerns about the future direction of the MAGA movement, prompting some to call for a re-evaluation of its goals. Discontent over economic issues like living costs has contributed to this disillusionment among supporters.
Muhurat Trading 2026: Sensex falls 29 points, Nifty below 25,000 as market snaps 6-day explosive rally on Diwali. What lies ahead in Samvat 2083?
The Indian stock market experienced sharp gains during the Muhurat Trading session on Diwali. Sensex increased by 350 points, surpassing 81,380, indicating strong investor interest. Nifty 50 rose over 80 points, crossing 23,100 as well. Tata Steel, Sun Pharma, BEL, and HDFC Bank contributed to these gains, while some stocks faced losses. Overall, the market breadth remained positive, with more advances than declines.
The high price of being King Trump: How tariffs and war fuelled voter anger
Inflation has significantly impacted the political careers of Biden and Trump. Rising costs have led to voter discontent against both administrations in recent elections. Trump's tariff policies and military actions have contributed to increasing economic burdens on citizens. Democrats now have an opportunity to implement policies that address voter concerns about inflation and foreign conflict. Improving these areas could help position them competitively for the 2028 presidential election.
China confirms discussions are underway on a historic Xi-Trump-Putin meeting
Beijing has officially indicated it is coordinating a meeting between the leaders of China, the U.S., and Russia. This historic gathering may take place in Shenzhen later this month during a regional summit. Experts suggest the discussions will likely be superficial and primarily focused on optics rather than substantive issues. Both the U.S. and China are dealing with ongoing trade tensions and disagreements over multiple topics.
Trump discusses West Asia de-escalation with Qatar's emir; at least 30 killed in airstrikes in Yemen
US President Trump spoke with Qatar's Emir Sheikh Tamim about reducing tensions in West Asia. They focused on Qatar's mediation efforts to achieve security and stability in the region. In Yemen, airstrikes on a market resulted in the deaths of at least 30 people amidst ongoing conflict. Meanwhile, Italy's Foreign Ministry is seeking the release of detained Italians in the West Bank.
US tariff relief unlikely for Indian auto parts makers despite Democrats’ Congress sweep
Indian auto component makers see little prospect of near-term relief from steep US tariffs despite Democrats gaining control of Congress. President Donald Trump can veto legislation seeking to challenge his trade policies, while overturning that veto requires a two-thirds majority in both chambers. Industry executives see progress in bilateral trade talks as key.
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US tariffs squeeze Canadian cabinet makers facing doubling of Trump duty
As US tariffs on Canadian kitchen cabinets are set to double to 50%, the industry faces significant challenges. Companies like Cabico are considering relocating production to the US to mitigate costs. Many cabinet manufacturers have experienced reduced shipment volumes and workforce cuts due to tariffs. The Canadian government has proposed a provisional 25% surtax, but manufacturers want stronger measures.
World leaders who sparred with Trump express relief mixed with caution at Republican election rout
World leaders welcomed the Democrats' gains in the US midterm elections, hoping the setback for Donald Trump's Republicans could ease tensions over Washington's foreign policy. However, European and other allies cautioned that the results may not change Trump's approach to Iran, Ukraine, tariffs or NATO, as the president retains considerable freedom in foreign affairs.
US Vice President JD Vance says Iran war is 'the reason we lost' midterms 2026; Trump responds
Vice President JD Vance has blamed the Iran war for the Republicans' defeat in the recent midterm elections. Many Democrats have celebrated their victory, eager to implement changes for voters concerned about the economy. Iranians reacted positively to the election results but are cautious about potential impacts on the ongoing conflict. Ayatollah Mojtaba Khamenei dismissed hopes for a shift in the US approach towards Iran.
Donald Trump's political humbling after US midterms signals short-term gain, long-term pain for China
Donald Trump's US midterm election defeat could strengthen China's hand in upcoming US-China trade negotiations, giving Beijing leverage to push for tariff reductions and other concessions. However, Beijing remains wary of a potentially more hawkish US administration after Trump. China's concerns include Taiwan arms sales, a possible Iran war escalation, energy security and the future of its fragile trade truce with Washington.
Trump's midterm defeat dims hopes of North Korea meeting
A meeting between Donald Trump and Kim Jong Un seems less likely following Trump's midterm election defeat. Analysts believe Kim has less incentive to engage with Trump in the current political environment. North Korea's leadership expresses reluctance to resume dialogue, citing distrust toward the US government. The ongoing nuclear ambitions of North Korea add complexity to potential negotiations between the two leaders.
Iran's leaders say midterm results show US voters have rejected Trump's war
Iranians expressed defiance following the US midterm elections, celebrating the Democrats' victory over Donald Trump. Supreme leader Ayatollah Mojtaba Khamenei indicated no expectation of changes in US policy toward Iran. Politicians and officials warned of severe consequences if the US disregards the election results. Demonstrators in Tehran commemorated the 1979 US Embassy takeover, showcasing ongoing hostility. Recent military actions have intensified, raising concerns about potential renewed conflict in the region.
What the midterms elections mean for US-China ties
A recent victory for Democrats in the US midterm elections may reshape relationships with China in several ways. Control of Congress allows them to limit President Donald Trump's tariffs on Chinese products, which may influence ongoing trade negotiations. Taiwan could become a critical issue, especially if Democrats push for arms sales to support the island. Beijing might perceive Trump’s weakened political status as an opportunity to apply pressure on him.
India takes calm view of US midterm results, sees bipartisan support anchoring ties
India is observing the results of the recent US midterm elections with a sense of calmness and stability. The Democrat victory is seen as a move to limit the influence of the Trump administration. India has maintained strong relations with both parties in Congress since 2000 through various sectors.
Canada says US midterms won't change trade stance, sees talks with American officials
A senior Canadian cabinet minister stated that the US midterm election results will not affect trade negotiations. Dominic LeBlanc mentioned he would soon communicate with US officials regarding trade matters. President Trump suggested that a trade deal with Canada is close, but significant work remains. Canadian Prime Minister Mark Carney confirmed that certain US demands have been scaled back.
From Iran to trade, how the US midterms impact the rest of the world
US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.
US midterm election results: What Trump & Republicans' loss means for India
US midterms result: Indian industry and economy watchers were keenly looking at the polls to try and find out what direction US policy will take. In recent months, India's trade/export fortunes have swayed in lockstep with Trump's tantrums, making policymakers jittery over any new development in the US.
Is Donald Trump just a 'lame duck' president as Democrats sweep US midterm elections and take control of the House of Representatives?
With midterm election results coming out, President Trump finds himself in the challenging position of being labeled a "lame duck". Indicating a readiness to counter Democratic probes, he may unleash a more combative strategy during this period. Despite the hurdles ahead, Trump's substantial impact on foreign affairs and trade remains. His relentless ambition ensures he will stay in the spotlight, refusing to let others dominate the narrative.
Oil edges down as investors await US midterm election results
Oil prices decreased due to investor caution ahead of the US midterm elections and ongoing peace negotiations. Brent futures and West Texas Intermediate crude both saw declines despite an unexpected drop in US crude stocks. Vote counting for the midterm elections continues, which may influence the Republican party's control of Congress. Peace talks in the Middle East were also impacted, especially involving the US and Iran.
Dollar dips with US midterm results in focus
The dollar lost ground against key international currencies as investors anticipated Democratic victories in the upcoming US midterm elections. With Democratic Senator Jon Ossoff's reelection in Georgia as a noteworthy milestone, analysts suggest a potential Democratic majority in both the House and Senate could alter future government spending policies. Meanwhile, oil prices are stable amid ongoing geopolitical issues, particularly those concerning Iran and Ukraine.
Election Day bombshells by Donald Trump: US President reveals strikes in Iran, Strait of Hormuz, major military message to Israel, trade deal with Canada
Election Day 2026 announcements by Donald Trump: Republican President has made some blockbuster announcements regarding Iran, Strait of Hormuz, military relationship with Israel and trade deal with Canada.
India bonds wipe out early gains as oil rebounds
Indian government bond yields have seen a slight uptick, predominantly influenced by the volatile crude oil market and geopolitical tensions. The market reacted sharply to recent US-Iran conflict reports. Traders are now closely watching the upcoming US midterm elections, which could impact Congressional dominance. As economic conditions evolve, the demand for state-debt auctions remains a key focus, with investors showing caution amid global uncertainties.
Trump set for midterm test: What's in store for India, Iran, Ukraine after November 4?
US midterm election 2026: American voters' sentiments about rising prices could affect Trump's standing in trade discussions. Congressional control will determine the scrutiny over Trump's actions regarding Iran and Ukraine. India will, however, continue navigating uncertainties in trade relations regardless of the election results.
Oil rises after report of US strike on Iran's Qeshm Island
Oil prices have surged in reaction to reports of a US strike on Iran's Qeshm Island, sparking fears of significant supply interruptions. Previous drops in prices on Monday have been overshadowed by this escalation, reinstating a risk premium in the market. Diplomatic negotiations between Iran and the US, facilitated by Qatar, ended without notable advancement, while looming midterm elections exacerbate tensions in the Middle East, affecting global oil costs.
What happens if Democrats win the 2026 Midterms? How Trump could lose control of Congress without leaving the White House
US midterms 2026: A Democratic victory in the November 3 midterm elections would not remove Donald Trump from the White House. But it could make the next two years much harder for his administration.
Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms
Canadian Prime Minister Mark Carney reported a productive discussion regarding a potential trade deal with U.S. President Donald Trump. The conversation aimed to create jobs, lower family costs, and protect Canadian sovereignty. Negotiators from both sides will continue working over the coming weeks toward an agreement. Trade relations remain tense as discussions include U.S. tariffs on Canadian steel and automobiles.
Trump discusses Iran with Netanyahu as US weighs fresh strikes: Report
In a recent discussion, US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu reviewed the evolving situation with Iran, considering various military strategies. Secretary of State Marco Rubio acknowledged ongoing diplomatic engagement with Iran, highlighting the goal of achieving a peaceful resolution while protecting US security. In contrast, Iranian Supreme Leader Mojtaba Khamenei has issued stern warnings, asserting military repercussions for any provocation from the US or Israel.
G20 foreign ministers end Atlanta meeting without consensus on key issue, group photo cancelled
Top diplomats from the G20 met in Atlanta, but they could not agree on important global security issues. Tensions, particularly regarding Russia's war in Ukraine, overshadowed the talks and affected the outcomes. The meeting concluded without a joint communique, only a chairman's statement summarizing their discussions. Despite the lack of consensus, efforts were made to strengthen cooperation on supply chains and mineral resources.
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