19 h. ago There is a way to turn Trump’s chaos into an opportunity. Here is what European leaders must do | Paul Taylor

The EU, the world’s biggest single market, can reposition itself and become less reliant on exporting goods to the US and ChinaThis is why America first doesn’t have to mean Europe last.Europeans have had plenty to mope about since Donald Trump entered the White House not quite three months ago. The US president has said that the EU was created to “screw the United States” and slapped punitive tariffs on European goods. He has cast doubt on the US commitment to defend Nato allies. He has cosied up to Vladimir Putin, insulted Volodymyr Zelenskyy and tried to settle Russia’s war in Ukraine on terms that would undermine European security. His vice-president has denigrated European democratic values, and his national security team has spewed venom in a Signal chat at “pathetic” Europe.Finally complete the European capital markets union and banking union to unleash the cross-border investment power of some €3tn in European savingsStrike trade deals with countries and regions around the w...

Politics

43 h. ago An incessant crackdown in Belarus hurls dozens of independent journalists into harsh prisons

Dozens of journalists in Belarus have been imprisoned in recent years under a crackdown by authoritarian President Alexander Lukashenko

Events

3 d. ago US ready to abandon Ukraine peace deal if there is no progress, says Marco Rubio

Secretary of state threatens to pull plug ‘within days’, as Kyiv says it has signed mineral deal memorandumRussia-Ukraine war – latest news updatesThe US will abandon its efforts “within days” to broker a peace agreement between Russia and Ukraine unless there are clear signs a settlement can be reached, the US secretary of state, Marco Rubio, has said, as Kyiv says it has signed a memorandum with the US over a controversial minerals deal.Speaking in Paris on Friday after meeting European and Ukrainian leaders, Rubio said Donald Trump was still interested in a deal. But he added that the US president had many other priorities around the world and was willing to move on unless there were signs of progress. Continue reading...

Economics

4 d. ago Donald Trump says there will '100% be a trade deal' with Europe after meeting with Giorgia Meloni

President boasts that he will have “little problem” securing an agreement between the US and the bloc

Politics

4 d. ago Global economic growth will slow amid Trump tariffs, IMF warns – as it happened

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Events

4 d. ago Global economic growth will slow amid Trump tariffs, IMF warns – business live

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Economics

4 d. ago European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught

Events

4 d. ago Giorgia Meloni to try to act as bridge between EU and US with Trump meeting

Italian PM’s summit with US president provokes trepidation among some European allies• Europe live – latest updatesGiorgia Meloni will attempt to burnish her credentials as a possible bridge between the EU and the US during a high-stakes summit with Donald Trump in the White House on Thursday, the first European leader to meet the US president since he announced and then paused some of his planned trade tariff hikes.Italy’s far-right prime minister, who has nurtured friendly relations with Trump, arrived in Washington on Wednesday night. The pair will have lunch at 12pm local time before the meeting in the Oval office, which will be attended by a pool of White House reporters and Italian journalists. Continue reading...

Politics

4 d. ago Giorgia Meloni aiming to act as bridge between EU and US in Trump meeting

Italian PM’s summit with US president has provoked trepidation among some European allies• Europe live – latest updatesGiorgia Meloni will attempt to burnish her credentials as a possible bridge between the EU and the US during a high-stakes summit with Donald Trump in the White House on Thursday, the first European leader to meet the US president since he announced and then paused some of his planned trade tariff hikes.Italy’s far-right prime minister, who has nurtured friendly relations with Trump, arrived in Washington on Wednesday night. The pair will have lunch at 12pm local time before the meeting in the Oval Office, which will be attended by a pool of White House reporters and Italian journalists. Continue reading...

Politics

4 d. ago Donald Trump criticises Federal Reserve chair as European Central Bank cuts interest rates – business live

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come f...

Politics

4 d. ago Nvidia boss visits China days after Donald Trump limits AI chip exports – business live

Live, rolling coverage of business, economics and financial markets as Chinese state media publishes photo of Jensen Huang visiting BeijingNvidia boss Jensen Huang has travelled to China for talks despite limits on the chip company’s sales imposed by the White House under Donald Trump.The visit of Huang, chief executive of one of the US’s most valuable companies, will be closely followed amid the vicious trade war between the US and China.The SFO remains committed to stamping out international bribery wherever it may occur.British companies have a duty to prevent the harm caused by bribery when doing business at home and abroad, to ensure that the UK remains a safe and fair place to do business. Continue reading...

Politics

5 d. ago The Latest: Judge finds probable cause to hold administration in contempt over deportation order

A federal judge on Wednesday said he has found probable cause to hold President Donald Trump’s administration in criminal contempt of court for violating his orders to turn around planes carrying deportees to El Salvador

Events

5 d. ago Marco Rubio and Steve Witkoff to visit Paris for talks on Russian invasion of Ukraine, US confirms – Europe live

US state department says Rubio and Witkoff will have ‘talks with European counterparts’ on advancing Donald Trump’s plan to end Russian invasionUS state secretary Marco Rubio and White House envoy Steve Witkoff will visit France in the coming days, the French government’s spokesperson Sophie Primas confirmed.Politico and Le Monde earlier reported that the pair would come to Paris later this week with the intention of hosting high-level talks on Ukraine, Gaza, Iran, and trade. Continue reading...

Events

6 d. ago The Latest: Trump administration freezes more than $2.2 billion in grants to Harvard University

The federal government says it’s freezing more than $2.2 billion in grants and $60 million in contracts to Harvard University after the institution said it would defy the Trump administration’s demands to limit activism on campus

Politics

6 d. ago Nato chief in surprise Ukraine visit as US fails to condemn Sumy attack – Europe live

Mark Rutte makes unannounced visit to Odesa and tells Zelenskyy that ‘Nato support is unwavering’The EU has said that “significant joint efforts will be needed” for a successful outcome to trade talks at the end of Donald Trump’s 90-day pause on tariffs.The European Commission, which handles trade policy for the 27 EU member states, was reporting back on a meeting between its lead trade official Maroš Šefčovič and US commerce secretary Howard Lutnick and US trade representative Jamieson Greer in Washington on Monday.The EU will continue to approach these talks in a constructive manner, with a view to identify areas of common interest. It is clear that significant joint efforts will be needed to achieve a successful outcome within the 90-day window.The EU is doing its part. Now it is necessary for the US to define its position. As with every negotiation this must be a two-way street... With both sides bringing something to the table.” Continue reading...

Events

6 d. ago Trump lashes out at Zelenskyy as Witkoff signals Putin’s wider security demands – Europe live

US president questions Ukraine counterpart’s competency as his envoy outlines ‘detail attached’ to any peace dealDavid Shimer, the former director for eastern Europe and Ukraine on Joe Biden’s national security council, writes for the Guardian today, asking “two key questions for Ukraine’s European allies” as he worries about the US military aid ceasing soon.The war between Russia and Ukraine is approaching a historic turning point: unless the Trump administration adjusts course, US military aid for Ukraine is about to cease.Since taking office, Trump has not approved a single military aid package for Ukraine. Even if Trump were to reverse course and utilize this remaining drawdown authority, the amount available is insufficient to sustain US support for Ukraine over time. To do that, Congress would need to approve additional Ukraine funding, which will not happen while the Republican party controls both chambers and the White House. As a result, the era of US military aid to Ukrain...

Politics

6 d. ago JD Vance says US is ‘working very hard’ on negotiating ‘great’ UK trade deal amid Trump tariffs chaos

‘I think there’s a good chance that, yes, we’ll come to a great agreement that’s in the best interest of both countries’ - JD Vance

Economics

7 d. ago Zelenskyy urges Trump to view devastation in Ukraine caused by Russia’s invasion

Ukrainian president calls on US counterpart to visit country as Trump appears to downplay Russia’s latest strike by calling it ‘mistake’Europe live – latest updatesVolodymyr Zelenskyy has urged Donald Trump to visit Ukraine to see the devastation caused by Russia’s invasion, while the US president appeared to play down Moscow’s latest deadly attack, the worst on civilians this year, calling it “a mistake”.International leaders condemned Russia’s strike on the centre of the Ukrainian city of Sumy on Sunday, which killed 34 people, including two children. Two ballistic missiles hit as people made their way to church for Palm Sunday. Continue reading...

Politics

9 d. ago EU looking to keep calm amid US tariff turbulence, says Taoiseach

Micheal Martin said the Irish government was committed to protecting jobs.

Politics

9 d. ago Donald Trump is now badly wounded. Europe can seize an advantage | Will Hutton

It’s time to fashion a new global trade order without the USThe game-changing geopolitical event last week was the near collapse of the immense $29tn ­market in US government debt, threatening the stability of the American and global financial system and the safe-haven status of dollar assets.The US president boasted as the collapse unfolded that world leaders were queueing to “kiss his arse”. Twelve hours later, he was in the same humiliatingly weak position as the then British prime minister Liz Truss found herself after her tax-slashing “mini-budget” in 2022. The markets had forced him to pause for 90 days the swingeing range of “reciprocal” tariffs that he announced on what he proclaimed “liberation day”; instead he lowered all of them, bar that on China, to 10%. Continue reading...

Politics