42 m. ago Trump gives stunning response to Wall Street bloodbath caused by his tariffs

Stock markets plunged Thursday after President Donald Trump's historic tariff announcement, sparking fears of a US  and global recession. 

Politics

66 m. ago Trump finally goes all in on tariffs. Free traders on the right and left are furious

ANALYSIS: The immediate anger and fallout from Trump’s tariff plan illustrates how a poor U.S. economy could politically isolate the president, writes John Bowden

Politics

69 m. ago US stock market plunges after Trump tariffs with S&P 500 losing more than 4%

Trump slapped a 10% tariff on most US imports and much higher levies on dozens of other countries

Politics

1 hour ago Trump ‘is not going to back off’ from tariff policies, US commerce secretary says – live

Howard Lutnick tells CNN that US president stands by decision to impose sweeping tariffs on nations around the worldUS stock markets tumble as investors shaken by Trump tariffsIn the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee. Continue reading...

Politics

3 h. ago US President Donald Trump's tariff bombshell wipes £2TRILLION off global stock markets

Financial markets have been rocked by fears President Trump's trade tariffs could lead to recessions around the world, as one expert warned of "full-scale economic warfare

Economics

3 h. ago Sir Keir Starmer says trade war with Trump would be 'bad for working people'

President Donald Trump slapped a 10% tariff on exports to the US during his 'liberation day' announcement

Politics

4 h. ago Tiny landlocked country will be destroyed by Trump’s highest tariff, analyst warns

The kingdom is one of the world's poorest nations with a gross domestic product of just over $2 billion

Events

5 h. ago Why does Trump’s tariff explainer reference a paper it doesn't cite?

Yes, we checked the references

Politics

5 h. ago Wall Street is rocked as major stocks immediately plummet at open... with TRILLIONS wiped off economy and 401(K)s

Stock markets plunged Thursday after President Donald Trump's historic tariff announcement, sparking fears of a US  and global recession. 

Politics

5 h. ago Trump tariff reaction live: Dow Jones plunges at market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

5 h. ago The simple math behind Trump’s tariffs: How the White House calculated the new rates and why it’s not reciprocal at all

With the help of a large chart, the president unveiled his latest wave of tariffs on Wednesday, on what he called ‘Liberation Day’

Politics

5 h. ago Stocks tumble on Wall Street as Donald Trump’s sweeping tariffs send shockwaves through global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

6 h. ago Trump’s ‘idiotic’ and flawed tariff calculations stun economists

‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarrayUS politics live – latest updatesUK politics live –latest updatesEurope live – latest updatesWaving a big chart as a prop in the White House Rose Garden, Donald Trump suggested his new tariff plan was simple: “Reciprocal – that means they do it to us, and we do it to them. Very simple. Can’t get simpler than that.”Perhaps a bit too simple. The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.Goods trade deficit: $291.9bnTotal goods imports: $438.9bnThose figures divided = 0.67, or 67%And halved = 34%Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the US and each of our trading partners. This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent trade from balanc...

Politics

6 h. ago Trump tariff reaction live: Wall Street braces for stock market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

7 h. ago Stock markets ready to react to Trump’s tariff announcement after fears stoke overnight drop

The U.S. stock markets are expected to dip one day after Trump promised to ‘make America wealthy again’ with new across-the-board tariffs

Politics

7 h. ago US commerce secretary slams EU beef ban: ‘their beef is weak, ours is beautiful’

US commerce secretary Howard Lutnick has labeled European beef ‘weak’, claiming the EU ban imports on American meat ‘because it’s beautiful’.

Politics

8 h. ago Trump tariff reaction live: Wall Street braces for stock markets open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

8 h. ago Trump closes China tariff loophole used by fast fashion retailers like Shein and Temu

Imported goods under $800 will now be subject to duties of either 30% of their value or $25 per item

Politics

9 h. ago Trump live: Apple and Tesla stocks drop in wake of ‘Liberation Day’ as Republicans defy president over tariffs

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

9 h. ago Donald Trump's tariff speech almost breaks the internet over bizarre fixation on common word

The US president became visibly gripped by a word that most Americans use without a second thought: "groceries." "Likewise, an old-fashioned term that we use: groceries," Trump mused

Politics