Budget expectations 2026: Recycling industry seeks open scrap trade; flags tariff risks to circular economy

Budget expectations 2026: Recycling industry seeks open scrap trade; flags tariff risks to circular economy

As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…

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Wall Street tumbles! Dow sheds 850 points, S&P 500 slips 2% — Here's how Trump's Greenland bid impacted US stocks

Wall Street tumbles! Dow sheds 850 points, S&P 500 slips 2% — Here’s how Trump’s Greenland bid impacted US stocks

Wall street took a sharp hit on Tuesday, plunging to their steepest single-day losses in three months, as investors reacted to US President Donald Trump’s fresh tariff threats targeting Europe. The move sparked a widespread risk-off selloff across asset classes, triggering concerns about another round of market volatility. All three major US indices posted their…

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'Economic golden age': Donald Trump hails Q3 GDP beat as proof of tariffs push; inflation and jobs data add caution

‘Economic golden age’: Donald Trump hails Q3 GDP beat as proof of tariffs push; inflation and jobs data add caution

US President Donald Trump on Tuesday seized on stronger-than-expected third-quarter growth to claim an “economic golden age,” arguing that tariffs and his tax policies were driving a sharp acceleration in activity even as official data pointed to lingering inflation pressures and a softening labour market.In a post on Truth Social, Trump said the US economy’s…

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Tariffs to put 'America first': Is Donald Trump spelling doom for US? Economics explained

Tariffs to put ‘America first’: Is Donald Trump spelling doom for US? Economics explained

US President Donald Trump has framed his sweeping tariff policy as essential for protecting American workers and manufacturing, promoting it as a cornerstone of his “America First” agenda.Since returning to office this year, the Trump administration has overseen a historic surge in tariff collections. According to Fox Business, total duty revenue reached $215.2 billion in…

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