Despite economic contraction, Trump insists US will have ‘greatest boom in history’

Coffee bags are displayed on shelves at the Summer Moon Coffee roastery on May 02, 2025 in Austin, Texas. Coffee prices, already high as severe drought continues straining coffee production globally, are expected to rise because of President Donald Trump's 10% tariffs. (Getty Images via AFP)
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Updated 03 May 2025
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Despite economic contraction, Trump insists US will have ‘greatest boom in history’

  • Economy was down in first three months of the year as Trump began his plans for sweeping tariffs

WASHINGTON: President Donald Trump insisted Friday that his policies will bring a boom in the US economy even as he acknowledged the possibility of a recession.
The US economy, the world’s largest, unexpectedly contracted in the first three months of the year as Trump began his plans for sweeping tariffs.
“This is a transition period. I think we’re going to do fantastically,” Trump told NBC News show “Meet the Press with Kristen Welker.”
Pressed on whether the United States could dip into recession, Trump said, “Anything can happen.”
“But I think we’re going to have the greatest economy in the history of our country. I think we’re going have the greatest economic boom in history,” Trump said in excerpts of the interview, which will be aired in full on Sunday.
Financial markets have been in tumult since Trump took office and moved to revamp the global economic order with a return to sweeping tariffs on imports.
Share prices rose on Friday, however, after a solid jobs report in the United States.
 

 

 


Cross-border clash breaks out between Pakistan and Afghanistan amid rising tensions

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Cross-border clash breaks out between Pakistan and Afghanistan amid rising tensions

  • Border residents say exchange of fire in the Chaman border sector lasted nearly two hours

ISLAMABAD: Pakistan and Afghanistan witnessed yet another border clash, according to officials in both countries who spoke in the early hours of Saturday, with each side accusing the other of launching “unprovoked” attacks.

Fighting erupted in Pakistan’s southwestern Chaman border sector, with an AFP report saying that residents on the Afghan side of the frontier reported the exchange of fire began at around 10:30 p.m. (1800 GMT) and continued for roughly two hours.

The incident underscored how tensions remain high between the neighbors, who have seen deadly clashes in recent months despite several rounds of negotiations mediated by Qatar and Türkiye that resulted in a tenuous truce in October.

“There has been unprovoked firing by Afghan Taliban elements in the Chaman Sector which is a reckless act that undermines border stability and regional peace,” said a Pakistani security official on condition of anonymity.

“Pakistani troops responded with precision, reinforcing that any violation of our territorial integrity will be met with immediate and decisive action,” he continued.

The official described Pakistan’s response as “proportionate and calibrated” that showed “professionalism even in the face of aggression.”

“The Chaman Sector exchange once again highlights the need for Kabul to rein in undisciplined border elements whose actions are destabilizing Afghanistan’s own international standing,” he added.

Relations between Pakistan and Afghanistan have grown increasingly bitter since the Taliban seized power in Kabul following the withdrawal of international forces in August 2021.

Islamabad accuses the Taliban administration of sheltering anti-Pakistan militant groups such as the Baloch Liberation Army (BLA) and Tehreek-e-Taliban Pakistan (TTP), which have carried out deadly attacks in its western provinces bordering Afghanistan, targeting civilians and security forces.

The Taliban deny the charge, saying Pakistan’s internal security challenges are its own responsibility.

The Pakistani security official said his country remained “committed to peaceful coexistence, but peace cannot be one-sided.”

“Attempts to pressure Pakistan through kinetic adventurism have repeatedly failed and will continue to fail,” he said. “The Chaman response has reaffirmed that message unmistakably.”

He added that Pakistan’s security forces were fully vigilant and that responsibility for any escalation “would solely rest with those who initiated unprovoked fire.”

Mosharraf Zaidi, spokesman for Pakistan’s prime minister, also commented on the clashes in a social media post, saying the Afghan Taliban had “resorted to unprovoked firing along the border.”

“An immediate, befitting and intense response has been given by our armed forces,” he wrote.

Afghan authorities, however, blamed Pakistan for the hostilities.

Border clashes that began in October have killed dozens of people on both sides.

The latest incident comes amid reports of back-channel discussions between the two governments, although neither has publicly acknowledged such talks.