6 h. ago China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-offBusiness live – latest updatesUS politics live – latest updatesChina has hit back hard against Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.Beijing retaliated on Friday with punitive 34% additional tariffs on all goods imported from the US – mirroring the US decision and exacerbating a sell-off on global stock markets. Continue reading...

Politics

12 h. ago China launches major trade war response with 34% additional tariffs on US goods in retaliation for Trump's 34% levy

Beijing announced the measure today, igniting a major trade war between the two global economies. The latest wave of tariffs are in addition to the existing tariffs already imposed on US goods.

Politics

12 h. ago China responds to Trump tariffs with its own 34% levy on all US goods

China says it will impose restrictions on the export of certain rare-earth elements to the US

Politics

12 h. ago The first UK victim of Trump's Tariff: Firm lost £350,000 order from US customer at last minute because of new levy

A businessman has lost a £350,000 deal with a US customer following President Trump's decision to hit the UK with tariffs on exports.

Economics

18 h. ago The tariffs are bad, but Britain should remember this: Trump will probably be gone in four years | Simon Jenkins

The UK is among those least hit by the US president’s war on the world economy. Retaliation at this point makes no senseThe tirade was astonishing. On Wednesday afternoon the world watched as the leader of its most powerful nation accused friends and foes alike of having “looted, pillaged, raped, plundered”, and simultaneously waved a bogus list of tariff imbalances. The playground paranoia was cringeworthy. What on earth was going on?The answer can only be that Donald Trump is America’s elected president for the next four years. He says he wants to end the military conflicts the US has fought or sponsored round the globe for a quarter of a century. We are waiting for that. Meanwhile, he is waging an economic war on world trade, a response that his biographer and ghostwriter, Tony Schwartz, blames on his childhood: “a life spent feeling like a victim any time he does not totally dominate he feels ripped off”. Continue reading...

Politics

18 h. ago The tariffs are bad, but Britain should remember this: Trump will be gone in four years | Simon Jenkins

The UK is among those least hit by the US president’s war on the world economy. Retaliation at this point makes no senseThe tirade was astonishing. On Wednesday afternoon the world watched as the leader of its most powerful nation accused friends and foes alike of having “looted, pillaged, raped, plundered”, and simultaneously waved a bogus list of tariff imbalances. The playground paranoia was cringeworthy. What on earth was going on?The answer can only be that Donald Trump is America’s elected president for the next four years. He says he wants to end the military conflicts the US has fought or sponsored round the globe for a quarter of a century. We are waiting for that. Meanwhile, he is waging an economic war on world trade, a response that his biographer and ghostwriter, Tony Schwartz, blames on his childhood: “a life spent feeling like a victim any time he does not totally dominate he feels ripped off”. Continue reading...

Politics

51 h. ago Trump confirms 25% levy on all foreign automakers and vows to impose ‘reciprocal’ tariffs worldwide – live

US president says new tariffs will become effective at midnight ETDonald Trump’s planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, the European Central Bank head, Christine Lagarde, said on Wednesday.The Trump administration on Wednesday is set to announce “reciprocal tariffs” targeting nations that have duties on US goods. That move would come after it slapped new import levies on products from Mexico, China and Canada – the top US trading partners – as well as on goods including steel and autos.Wisconsin beat the billionaire.Wisconsin cannot be bought. Our democracy is not for sale. And when we fight, we win. Congratulations, @CrawfordForWI Continue reading...

Politics

8 d. ago Trump’s car tariffs pile pressure on Reeves’ new economic plan

Office for Budget Responsibility warns a global trade war risks eliminating UK chancellor’s fiscal headroom

Economics

9 d. ago Trump announces 25% tariffs on vehicle imports in fresh blow to Reeves

The US president announced that cars and light trucks imported into the US would be subject to the levy in the latest escalation of the Trump administration’s far-reaching trade war

Politics

9 d. ago Donald Trump's demands to 'charge Europe for missile strikes' exposed in leaked texts

A member of Donald Trump's team revealed the White House's plans to 'levy' its allies after Vice President JD Vance said the US strikes on Houthi rebels could 'bail out' Europe and raise oil prices

Events

3 w. ago Spanish city makes major change by launching driverless buses seen in US and China

A self-driving mini bus has hit the streets of a popular Spanish destination and will allow residents and tourists to travels to some of the city's top destinations

Transport

3 w. ago Trump news live updates: Canada and EU strike back at tariffs as trade war escalates

The European Commission and Canada have both issued retaliatory tariffs in response to Trump’s trade war

Events

3 w. ago Trump live updates: Government shutdown looms as Democrats say they won’t back GOP spending bill

The European Commission and Canada have both issued retaliatory tariffs in response to Trump’s trade war

Politics

3 w. ago Putin threatens to treat Ukrainian soldiers in Kursk as ‘terrorists’ ahead of US envoy’s Moscow visit – live

Russian president makes threats in first visit since Ukrainian incursion as world waits for Kremlin’s reaction to ceasefire proposalTrump hints at financial repercussions if Russia rejects Ukraine ceasefireFrench European Affairs minister, Benjamin Haddad, said the European Union could go further in its response to US tariffs, though a trade war was in no-one’s interest, Reuters reported.“We have the means to go further, if we want,” Haddad told TF1 TV. Continue reading...

Events

3 w. ago ‘We have people going to Russia right now,’ says Trump as Zelenskyy hopes for ‘strong steps’ if Russia rejects ceasefire – Europe live

Ukraine president says Kyiv will not ‘recognise any territory occupied by Russians’Ukraine agrees to 30-day ceasefireFrench European Affairs minister, Benjamin Haddad, said the European Union could go further in its response to US tariffs, though a trade war was in no-one’s interest, Reuters reported.“We have the means to go further, if we want,” Haddad told TF1 TV. Continue reading...

Politics

3 w. ago US to ‘have contact’ with Russia today, says Rubio, after Ukraine agrees to 30

US secretary of state says he ‘strong urges Russia to end all hostilities’Ukraine agrees to 30-day ceasefireFrench European Affairs minister, Benjamin Haddad, said the European Union could go further in its response to US tariffs, though a trade war was in no-one’s interest, Reuters reported.“We have the means to go further, if we want,” Haddad told TF1 TV. Continue reading...

Politics

3 w. ago Now Trump targets Britain and EU with tariffs in transatlantic trade war: Starmer's pleas to spare UK fail as Europe hits back

Donald Trump has pushed ahead with the 25 per cent levy on steel and aluminium imports despite desperate pleas for an exemption.

Events

3 w. ago US aid deliveries to Ukraine back to previous levels, Polish foreign minister confirms, as Kyiv agrees to 30

US aid deliveries arriving through Polish logistics hub back to previous levels after US-Ukraine talks towards peaceUkraine agrees to 30-day ceasefireFrench European Affairs minister, Benjamin Haddad, said the European Union could go further in its response to US tariffs, though a trade war was in no-one’s interest, Reuters reported.“We have the means to go further, if we want,” Haddad told TF1 TV. Continue reading...

Politics

3 w. ago EU goes on the attack in trade war with Trump: Brussels announces tariffs on US products in response to 25% import duties, risking further anger from White House

The world's biggest trading bloc was expecting the US tariffs and prepared in advance, but the measures still place great strain on already tense transatlantic relations

Events

3 w. ago Trump hopes to speak to Putin this week as Ukraine agrees to 30

Donald Trump says he would welcome Volodymyr Zelenskyy back to White House and hopes for ‘great conversations’ Ukraine agrees to 30-day ceasefireFrench European Affairs minister, Benjamin Haddad, said the European Union could go further in its response to US tariffs, though a trade war was in no-one’s interest, Reuters reported.“We have the means to go further, if we want,” Haddad told TF1 TV. Continue reading...

Politics