President Trump signed an executive order earlier this week imposing new tariffs on imports from BRICS nations.

Trump threatened 100% tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia is the top supplier to India.

President Trump says India buys military equipment and oil from Russia, which enables Moscow’s war in Ukraine.

President Donald Trump fired an official in charge of compiling basic statistics about the U.S. economy on Friday after revised data showed higher unemployment in May and June, falsely claiming the numbers were “faked.

U.S. job growth stalled in July, with just 73,000 jobs added. Also, employment numbers for May and June were lowered, prompting President Trump to fire the commissioner overseeing the agency that reports unemployment data.

Friday, a day after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs report worsened investor jitters, revealing a slowdown of hiring over recent months as Trump's previous tariffs took hold.