12 h. ago Trump tariffs live: US stocks plunge on opening after EU warns it is ready to retaliate in trade war

US president describes sweeping tariffs as ‘medicine’ as billionaire Trump backer calls for pause to avert ‘economic nuclear winter’

Events

22 h. ago China metals tumble after trade war retaliation; London metals rebound on arbitrage trading

China metals tumble after trade war retaliation; London metals rebound on arbitrage trading  TradingView

Events

58 h. ago Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession

Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plungeTed Cruz, the US senator from Texas, has warned that his fellow Republicans risk a “bloodbath” in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs cause a recession.Cruz also warned that the president’s tariffs, if they stay in place for long and are met by global retaliation on American goods, could trigger a full-blown trade war that “would destroy jobs here at home, and do real damage to the US economy”. Continue reading...

Events

3 d. ago FTSE 100 suffers worst day in FIVE YEARS as global markets go into meltdown over Donald Trump's trade war

Wall Street opened sharply lower as fears of a global recession mounted in the wake of the US President's extraordinary assault on allies and foes alike.

Politics

3 d. ago US markets tumble further as global meltdown continues over Donald Trump's trade war

Wall Street opened sharply lower as fears of a global recession mounted in the wake of the US President's extraordinary assault on allies and foes alike.

Politics

3 d. 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

3 d. ago 'There will be blood': Trump's trade war 'means 60% chance of global recession' as China hits back at the US and shares keep plunging

The FTSE 100 fell another 140 points this morning after the US president's extraordinary assault on allies and foes alike wiped £2trillion off company values internationally.

Events

3 d. 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

3 d. ago 'There will be blood': Trump's trade war 'means 60% chance of global recession' as shares keep plunging

The FTSE 100 fell another 140 points this morning after the US president's extraordinary assault on allies and foes alike wiped £2trillion off company values internationally.

Events

3 d. ago Global shares keep plunging after US stocks' worst day since Covid: Body blow for Starmer as Trump says UK should be 'happy' with 10% tariffs and aides 'pour cold water on hopes of deal'

The FTSE 100 fell another 60 points this morning after the US president's trade war  sparked a global rout - wiping £2trillion off company values.

Economics

3 d. ago IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade warBusiness live – latest updatesThe International Monetary Fund (IMF) has warned that Donald Trump’s implementation of swingeing tariffs poses a “significant risk” to the global economy, as stock markets were hit by a punishing worldwide sell-off by investors.Kristalina Georgieva, the managing director of the IMF, said it was important that the US and its trading partners avoided further escalating Trump’s trade war, while stock markets plunged on Friday as China retaliated against the tariffs. Continue reading...

Events

4 d. ago Trump tariffs: How could Europe retaliate as trade war breaks out

The sweeping round of ‘Liberation Day’ tariffs was unveiled by Donald Trump in the White House on Wednesday - but how will the EU react?

Politics

5 d. ago Trump's 'Liberation Day' tariffs carnage will hammer UK exports like cars and whisky worth £60billion and could cost tens of thousands of jobs

The tariffs - up to 20 per cent across the board - could knock up to 1 per cent off the size of the UK economy if there is a full-blown trade war with the UK retaliating to Trump's measures.

Economics

7 d. ago Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears

President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade warAs Donald Trump prepared to unveil a swathe of reciprocal tariffs, global markets braced and some Republican senators voiced their opposition to a strategy that critics warn risks a global trade war, provoking retaliation by major trading partners such as China, Canada and the European Union.The US president said on Monday he would be “very kind” to trading partners when he unveils further tariffs this week, potentially as early as Tuesday night. Continue reading...

Politics

3 w. ago Tesla tells US government Trump trade war could ‘harm’ EV companies

Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffsBusiness live – latest updatesElon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that would also affect other automotive manufacturers in the US.In an unsigned letter to Jamieson Greer, the US trade representative, Tesla said it “supports fair trade” but that the US administration should ensure it did not “inadvertently harm US companies”. Continue reading...

Politics

3 w. ago Trump live updates: Trump threatens 200 percent retaliatory tariff on European wine and spirits as trade war escalates

President threatens 200 percent tariffs on European wines and champagnes if tax is upped on U.S. whiskey

Events

3 w. ago Trump live updates: Trump threatens 200 percent retaliatory tariff on European alcohol as trade war escalates

President threatens 200 percent tariffs on European wines and champagnes if tax is upped on U.S. whiskey

Events

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 Jobs warning after Trump tariffs hit UK steel and aluminium exports

The UK Government said Donald Trump’s actions were disappointing but did not retaliate, while Brussels threatened a trade war with Washington.

Events