52 m. ago Trump tears into China for retaliating against him and vows that tariffs 'will never change' despite markets tanking

President Donald Trump remained bullish about the effects of his his newly enacted tariffs on Friday, despite retaliatory actions announced by China.

Economics

52 m. ago ‘My policies will never change’: Trump doubles down on trade war after China announces retaliatory tariffs – live

US president says on Truth Social that ‘this is a great time to get rich’ despite China issuing a 34% tariff on all US goods The Trump administration is taking aim at Brown University with threats to freeze $510m in grants, widening its promise to withhold federal funding from schools it accuses of allowing antisemitism on campus, according to multiple media outlets including Reuters and the New York Times.University officials said they had not yet been formally notified, but the school was among dozens warned last month that enforcement actions could be coming as the administration seeks to crack down on academic institutions . Continue reading...

Events

73 m. ago US trade war with China is 'single stupidest thing you’ll ever see’ says expert

Political expert Ian Dunt has issued a scathing attack on Donald Trump after the US President announced a sweeping range of import tariffs on territories around the world

Events

1 hour ago US economy adds 228,000 jobs in March ahead of Trump’s trade war

Comes as Trump’s announcement of tariffs send the market into free fall

Politics

2 h. ago MIKEY SMITH: 6 insane things Donald Trump did while global stock markets crashed

On Wednesday he announced a string of stinging tariffs on goods from around the world - targeting every country, even the ones only populated by penguins - here's what he was doing while the global economy burned

Events

2 h. ago ‘Only job I know’: tiny Lesotho’s garment workers reel from Trump’s tariffs

Impoverished African country is hit with highest tariff rate at 50%, overturning decades of global trade policyThe day after Donald Trump announced sweeping global tariffs, Lesotho’s garment workers feared for their jobs.Last year, Lesotho sent about 20% of its $1.1bn (£845m) of exports to the US, most of it clothing, as well as diamonds, under a continent-wide trade agreement meant to help African countries’ development via tariff-free exports. Continue reading...

Politics

2 h. ago ‘Only job I know’: tiny Lesotho’s garment workers reel from Trump’s 50% tariffs

Impoverished African country is hit with highest tariff rate, overturning decades of global trade policyThe day after Donald Trump announced sweeping global tariffs, Lesotho’s garment workers feared for their jobs.Last year, Lesotho sent about 20% of its $1.1bn (£845m) of exports to the US, most of it clothing under a continent-wide trade agreement meant to help African countries’ development via tariff-free exports, as well as diamonds. Continue reading...

Politics

3 h. ago Stock markets plunge as China announces retaliatory 34% tariffs on US goods – business live

Global trade war escalate as Beijing hits back against Donald Trump with new tariffs on US goodsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to contro...

Economics

4 h. ago How could Donald Trump’s tariffs affect UK households and their finances?

Households could see their money affected in various ways following the US president’s announcement on tariffs

Politics

4 h. ago China imposes a 34% tariff on imports of all U.S. products starting April 10

China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10

Politics

4 h. ago How could Donald Trump’s tariffs affect households and their finances?

Households could see their money affected in various ways following the US president’s announcement on tariffs.

Politics

6 h. ago 'I think it's going very well', says Trump as tariff announcement sparks biggest shares collapse since Covid with trillions of dollars wiped from US stock market

The US President claimed the markets and the country are going to 'boom' despite American stocks leading a worldwide selloff yesterday.

Politics

7 h. ago FTSE 100 hits lowest level since January as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcementGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to control tariffs, and upset the Constitution’s ...

Events

11 h. ago The far right has seemed unstoppable in Europe. Here’s how Trump’s tariffs could change that | Nathalie Tocci

With populist leaders on the back foot and EU support at its highest in years, the US trade war could be an opportunity for the unionDonald Trump has unleashed a trade war on the world, and Europe, considered by Washington to be among the “worst offenders”, is a major target. After hitting European steel, aluminium and cars, this week Trump announced sweeping 20% tariffs on almost all EU imports. Europeans have seen this coming for a long time. Well before his re-election, officials in Brussels were drawing up plans on how the EU might respond to Trump 2.0 and a possible transatlantic trade war.What might the political fallout in Europe be? The good news is that Trump’s trade war puts Trump-friendly far-right forces in Europe in a terribly uncomfortable position. It’s one thing for the European far right to support Trump in principle, or to support the administration’s tyranny over peoples it doesn’t care about, be it Ukrainians, Canadians, Mexicans or Palestinians. It’s quite anoth...

Politics

11 h. ago ‘We’re feeling good’: Vance insists market implosion could have been worse after shock Trump tariff announcement

‘We’re going to have a booming stock market for a long time because we’re reinvesting in the United States of America,’ vice president claims after market loses $3.1 trillion

Politics

12 h. ago Asian markets drop further as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcementFull report: Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsSenior senators introduced new bipartisan legislation on Thursday seeking to claw back some of Congress’s power over tariffs after Donald Trump unveiled sweeping new import taxes and rattled the global economy with sweeping new import taxes.The Trade Review Act of 2025, co-sponsored by Senator Chuck Grassley, a top Republican lawmaker from Iowa, a state heavily reliant on farm exports, and Senator Maria Cantwell, a Democrat from Washington, whose state shares a border with Canada, would require the president to notify Congress of new tariffs, and provide a justification for the action and an analysis on the potential impact on US businesses and consumers. Continue reading...

Events

15 h. ago Tech moguls who grinned behind Trump at inauguration lose billions in wake of his tariffs announcement

Tech executives had argued that backing Trump might improve U.S. regulatory reform and expand investments in AI

Politics

17 h. ago Sweeping Trump tariffs shock global economy, drawing threats and calls for talks

Tariff hikes announced by U.S. President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer

Events

18 h. ago Donald Trump's tariffs hit major brands including Nike and H&M

Major brands have been feeling the impact of Donald Trump's newly announced 'Liberation Day' tariffs, with Nike, Adidas and Puma among the big names to suffer huge losses already

Politics

18 h. ago US stock markets see worst day since Covid pandemic after investors shaken by Trump tariffs

All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bnUS stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump’s announcement of a barrage of tariffs on the country’s trading partners.All three major US stock markets closed down in their worst day since June 2020, during the Covid pandemic. The tech-heavy Nasdaq fell 6%, while the S&P 500 and the Dow dropped 4.8% and 3.9%, respectively. Apple and Nvidia, two of the US’s largest companies by market value, had lost a combined $470bn in value by midday. Continue reading...

Economics