US President Donald Trump geared up to unveil sweeping new "Liberation Day" tariffs on Wednesday in a move that threatens to ignite a devastating global trade war. Key US trading partners including the European Union and Britain said they were preparing their responses to Trump's escalation, as nervous markets fell in Europe and America. Trump will unveil the levies in a grand ceremony with his cabinet members in the White House Rose Garden -- just as Wall Street stocks close at 4:00 pm (2000 GMT). "IT'S LIBERATION DAY IN AMERICA!" Trump posted a one-liner on his Truth Social platform early Wednesday. The 78-year-old has promised so-called reciprocal tariffs on friends and foes alike if they target the world's largest economy, saying the levies will stop the United States being "ripped off." But Trump has kept the world guessing until the last minute about the scale and scope, with the White House saying he was still "perfecting"...
The coming by-polls in West Bengal are expected to be bellwether for which way the political winds are blowing in Mamata Banerjee's West Bengal after the massive protests over the rape-murder of a Kolkata doctor. The protest, strongly backed by the urban middle class, has shaken the state and despite protesters' claims that it was apolitical, it had received significant support from the opposition. By-polls are due in six seats in various parts of the state - their geography and demography are expected to be strong indicators of the political trend. The seats include Naihati, the urban centre close to Kolkata, the minority dominated Haroa, Taldangra with a significant tribal population, Sitai with a chunk of minority and Rajbanshi vote, the tea garden seat of north Bengal. Madiahat and Medinipur. Many believe that the results now could throw light on whether the RG Kar protests will impact future elections. The Opposition BJP, which has been trying to dislodge Mamata Banerje...