22 h. ago FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again – business live

Global trade war escalates as Beijing hits back against Donald Trump with new tariffs on US goodsChina retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US importsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideAnalysis: 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 ...

Economics

27 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

31 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

35 h. ago Asian stocks slid after Wall Street surrendered to a hit by Trump's tariffs

Asian markets are retreating after Wall Street led the biggest loss among world's markets over worries about U.S. President Donald Trump's tariffs

Politics

36 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

59 h. ago Asian stock markets plummet in aftermath of Trump tariffs announcement

Analysts call it ‘worst case scenario’ amid recession fears

Politics

62 h. ago Stock market today: Asian markets slip following Trump's announcements of big tariff hikes

Asian markets and U.S. futures have tumbled following U.S. President Donald Trump's announcement of big increases in tariffs on imports of goods from around the world

Politics

68 h. ago Asian stocks fall as investors move into ‘safe haven’ assets

President reveals plans to impose 10% universal levies and higher duties on major partners

Economics

3 d. ago Trump tariffs latest: Asian stock markets tumble as investors nervously await US president’s ‘Liberation Day’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ today

Economics

3 d. ago Trump tariffs latest: Asian stock markets tumble at start of US president’s ‘Liberation Day’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ today

Politics

3 d. ago Stock market today: Asian shares mostly decline ahead of Trump's latest tariffs

Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day

Politics

4 d. ago Asian shares recover after Wall St gains, as markets waver under the threat of more tariffs

Asian shares are mostly higher after U.S. stocks swayed higher

Economics

9 d. ago Stock market today: Asian shares sag after Trump raises tariffs on auto imports

Shares have sagged in Asia after President Donald Trump announced he will raise tariffs on imported cars

Politics

1 week ago Stock market today: Asian shares are mixed, Chinese markets decline, after rally on Wall St

Shares are mixed in Asia, with Chinese markets retreating, following a broad rally on Wall Street

Politics

1 week ago Stock market today: Asian shares are mostly lower after tech

Asian shares are mostly lower after gains in technology stocks snapped Wall Street’s four-week losing streak

Politics

2 w. ago Stock market today: Asian shares are mostly higher after advance on Wall Street

Asian shares are mostly higher following an advance on Wall Street after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

Politics

2 w. ago Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision

Asian shares are mixed ahead of a decision on interest rates by the U.S. Federal Reserve

Politics

2 w. ago Stock market today: Asian shares mostly rise, cheered by another Wall Street rally

Asian shares have advanced as investor sentiment was buoyed by another rally on Wall Street

Politics

3 w. ago Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs

Asian stocks have had a mixed start to the week as uncertainty over what President Donald Trump will do with tariffs persists

Economics

last month Stock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors

Asian shares are mostly higher, tracking a rebound on Wall Street after President Donald Trump pulled back on some of his tariffs

Economics