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Moody’s has downgraded the US’ credit rating months after US President Donald Trump was sworn in for a second term. It comes as the United States has been witnessing financial and economic uncertainty over Trump’s trade policies. It also comes in the backdrop of the US Congress attempting to pass a bill that makes Trump’s 2017 tax cuts permanent But why did the ratings agency make this move? What does it mean?| Firstpost
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It’s like a complicated relationship — on again, off again. We are talking about Donald Trump’s tariff policy. The US president has confounded world stock markets and allies with the imposition of harsh levies and then suspending them. He announced an exemption on electronic devices such as smartphones and computers, only to later say it will be short-lived. Now he plans to slap new duties on semiconductors in a month or so| Firstpost
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Donald Trump’s ‘it’s a good time to buy’ post on social media on Wednesday, hours before he paused tariffs, has come under scrutiny. Many Democrats claim the US president manipulated the stock market. His administration disagrees. What exactly happened?| Firstpost
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Donald Trump is unpredictable. After urging Americans to ‘be cool’ amid markets slumping over his tariff policy, he made a shocking pivot on Wednesday. He announced a 90-day pause for all countries except China. But what led the US president to change his mind? Was it the rapid rise in government bond yields or the rising criticism from billionaires and business leaders?| Firstpost
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Japan’s Prime Minister Shigeru Ishiba raised eyebrows on Monday by saying that his country’s fiscal situation was worse than that of Greece – which has witnessed a decade-long financial crisis that has seen it borrow tens of billions of dollars from the EU and IMF. But what happened? And is Japan going down the same path as Greece?| Firstpost