7 d. ago Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lendersIMF warns of ‘major negative shock’ from Trump’s tariffsEditorial: Donald Trump could cost the world $1tnThe global financial system is coming under increasing strain as Donald Trump’s trade war rocks markets, the International Monetary Fund has warned.“Global financial stability risks have increased significantly,” the IMF said in its regular snapshot of the system, urging regulators to be on the alert for potential crises. Continue reading...

Events

2 w. ago Trump hints at new tariffs for major industry that could send Wall Street reeling as he rips into China

DAILYMAIL.COM LIVE BLOG: President Donald Trump is hinting that new tariffs on a massive industry that could soon go into effect as he rips into China.

Politics

2 w. ago Germany to send ‘clear signal’ of ‘strong, effective government’ under new coalition, says Friedrich Merz – Europe live

Presumed future chancellor says coalition has ‘strong plan’ after negotiations as polling shows popularity of far-right AfDEarlier today I brought you Donald Trump’s comments overnight on “major” tariffs to be announced “very shortly” on pharmaceuticals (9:20).My colleague Lisa O’Carroll looked at the risks such measures could pose for Europe:Pharmaceutical companies in the EU have warned of a “risk of exodus” to the US as stocks in the sector slid around the world on the back of Donald Trump’s renewed threat to impose tariffs on US drugs imports.Drugmakers’ shares across Europe and India, another foreign drugs hub, slipped on Wednesday after Trump indicated further carnage was on the way in addition to the 20% “reciprocal tariffs” on imports that kicked in overnight. Continue reading...

Politics

3 w. ago Donald Trump to feel the burn of his own tariffs as fake tan set to soar in price

Donald Trump has slapped huge tariffs on major fake tan brands - meaning he faces a steep price rise on the very products which give him his distinctive 'orange' hue

Politics

3 w. ago Trump trade chief says US 'running up the score' on Australia as senator slams tariff – video

During a US Senate finance committee hearing, senator from Virginia Mark Warner slams Donald Trump's 10% tariff on Australian imports, referencing the free trade agreement between the two countries and the US trade surplus with Australia. Warner labels the new tariff policy 'insulting' and 'ridiculous', calling Australia 'one of our strongest allies'. Trump's trade chief Jamieson Greer replies that 'we should be running up the score against Australia'► Subscribe to Guardian Australia on YouTubeDonald Trump flags ‘major tariff on pharmaceuticals’ as US senator criticises ‘whack’ on AustraliaAustralian stock market bounces back despite tariff threats after worst session in five yearsDonald Trump hits Australian exporters with 10% tariffs in ‘liberation day’ speech Continue reading...

Politics

3 w. ago BREAKING: Keir Starmer to give major speech today as Trump tariffs spark global bloodbath fears

Keir Starmer will give an address in the West Midlands this afternoon as panic grows over Donald Trump's tariffs, which experts fear will cause a global recession

Politics

3 w. ago Bitcoin plunges as President Trump’s tariffs take effect across global stock markets

The turmoil in the cryptocurrency market comes after US President Trump announced major global tariffs on April 1 which included a 10% tariff on all imports and additional taxes on about 60 countries

Politics

3 w. ago Keir Starmer issues urgent 'world as we knew it has gone' warning as he makes major change

The Prime Minister has declared "the world as we knew it has gone" ahead of a major speech tomorrow in the wake of Donald Trump's tariff announcements.

Events

3 w. ago Keir Starmer issues urgent 'world as we knew it has gone' warning ahead of major speech

The Prime Minister has declared "the world as we knew it has gone" ahead of a major speech tomorrow in the wake of Donald Trump's tariff announcements.

Events

3 w. ago Blair tells Starmer NOT to hit back at Trump's tariffs as US stocks see biggest 2

Blair was speaking to students at King's College University in London on Friday, just days after President Trump unveiled major tariffs in possibly the biggest shake-up of world economics on record.

Politics

3 w. ago ‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates sayUS politics live – latest updatesThe sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say.Trump’s new 10% universal tariffs – which are higher for many major economies – are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will not apply to many fossil fuel products, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals. Continue reading...

Politics

3 w. 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 w. 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

3 w. ago Scottish businesses say Trump tariffs 'major blow' as UK Government considers retaliation

The Prime Minister sought to assure business on Thursday morning

Politics

3 w. ago Keir Starmer to give major speech today after Donald Trump's tariff bombshell

Prime Minister Keir Starmer will give a major speech today less than 24 hours after US President Donald Trump unleashed damaging tariffs on Britain and the rest of the world

Politics

3 w. ago Trump shuts major online shopping loophole in blow to bargain hunters as his sweeping tariffs take effect

Donald Trump signed an executive order as part of his 'Liberation Day' plans that charges a 30% tax on orders under $800 from foreign retailers that could change the face of online shopping forever.

Economics

3 w. ago EU threatens countermeasures and Asian markets plunge after Trump tariff announcement – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy after US President Trump targets allies on what he dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessThe 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

3 w. ago Why three major countries were conspicuously left OFF Trump's massive tariffs list

President Donald Trump announced Wednesday his decision to level sweeping economic tariffs on foreign countries across the globe, but three significant countries were not on the list.

Politics

3 w. ago ‘Devastating’: Business groups warn Trump tariffs will deal major blow to UK firms

Experts also warned of more turbulence in the financial markets as investors react to the sweeping measures affecting global trade

Economics

3 w. ago The British firms set to be hardest hit by Trump's sweeping tariffs TODAY

It's only a week since Rachel Reeves unveiled her Spring Statement but her plan to balance the nation's books looks set to blown out of the water.

Politics