World

'Boys will be boys': White House on Elon Musk-Peter Navarro tariff tiff

Apr 10, 2025

Washington [US], April 9: As Elon Musk called one of President Donald Trump's top economic aides a "moron," the White House on Tuesday declared that "boys will be boys."Musk and long-time Trump trade adviser Peter Navarro have been squabbling publicly over Trump's decision to impose sweeping tariffs on most of its trading partners.The move has triggered a market sell-off and prompted analysts to wonder if the United States is headed into a recession.Navarro on Monday on CNBC had dismissed a push by billionaire and Tesla (TSLA.O), opens new tab CEO Musk for "zero tariffs" between the United States and Europe, calling him a "car assembler" reliant on imported parts, and said he wanted the parts to be manufactured locally in the U.S.Navarro is widely seen as the architect of Trump's wide-ranging tariff plans. The policy is intended to revive U.S. manufacturing and shore up national security but has hammered markets and thrown global supply chains into uncertainty.Asked about the dust-up between the advisers, Leavitt said the public nature of the spat was evidence of the Trump administration's transparency and Trump's willingness to listen to diverse opinions.Source: Fijian Broadcasting Cooperation

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HSBC India commits INR 200 crore to advance financial literacy

Mumbai (Maharashtra)/New Delhi [India], October 15: HSBC India today announced a INR 200 crore, four-year flagship philanthropy programme to strengthen financial literacy across India. The initiative will help communities move from access to active and informed participation in the formal financial system. The programme will build the knowledge, confidence and practical skills people need to use formal and digital financial services safely, make informed decisions, protect themselves from fraud and strengthen their livelihoods and financial resilience.

Oct 15, 2026