29 m. 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

53 m. ago Bromance on the rocks as Conor McGregor launches into furious Donald Trump rant

Conor McGregor has taken aim at the EU and Donald Trump, accusing the president of 'trying to destroy Ireland' with his new tariffs on Irish exports and urging the country to leave the EU

Politics

1 hour ago QUENTIN LETTS: After Trump's tariffs, this was no time to dust down the gramophone and play Don't Let's Be Beastly To The Germans

We took a wallop from the USS Donald Trump; but as MPs emerged from shelters and the Speaker's secretary dispensed tin mugs of sugared tea, there was a consolation: the EU copped it worse.

Politics

1 hour ago JCB is the first big British firm planning to boost production in the US in response to Trump's tariffs

JCB has become the first major British manufacturer to say it will bolster its US operations in response to Donald Trump's tariffs.

Politics

1 hour ago Britain did better than Europe in 'Liberation Day' tariffs because of Brexit, Labour told

Ministers were yesterday urged to thank the previous government for 'getting Brexit done', after Donald Trump levied tariffs on UK goods at only half the level imposed on the EU.

Politics

2 h. ago Brown University to see half a billion in federal funding halted by Trump administration

A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown University

Politics

3 h. ago Federal judge rules action against NEA unnecessary after it backed off bans on gender ideology

A federal judge has denied a motion to block the National Endowment for the Arts from barring funds to artists whose projects promote gender ideology, saying the agency no longer was doing that

Events

4 h. ago How Donald Trump's tariffs and a trade war will hit YOU... and echo around the world as map shows Britain's business links with the US

The US President announced that all imports into the US will be subject to a minimum tariff of 10 per cent.

Events

4 h. ago US and Chinese military officials hold talks on maritime security in bid to lower risks

U.S. and Chinese military officials have met for their first working-level talks since President Donald Trump took office for the second time

Events

4 h. ago Sweeping Trump tariffs shock global economy, drawing threats and calls for talks

Tariff hikes announced by U.S. President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer

Events

4 h. ago Trump’s tariff push is a race against time, and potential voter backlash

President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers that will likely raise prices for U.S. consumers and threatens to sharply slow the economy this year

Politics

5 h. ago Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’

US president insists country is going to flourish as markets close sharply down; Republican ex-leader Mitch McConnell says tariffs are a ‘bad policy’US stock markets have worst day since Covid over Trump tariffsGlobal markets in turmoil amid Trump tariffsTrump’s chaos-inducing global tariffs, explained in chartsIn the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee. Continue reading...

Politics

5 h. ago They are home only to penguins and seals... but they haven't escaped Donald Trump's tariffs

It was among the strange inclusions on the list of countries and territories affected by the US president's controversial new trade policy

Politics

6 h. ago Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the world’s biggest companies and heightened fears of a US recession.As world leaders reacted to the US president’s “liberation day” tariff policies demolishing the international trading order, about $2.5tn (£1.9tn) was wiped off Wall Street and share prices in other financial centres across the globe. Continue reading...

Economics

6 h. ago RICHARD LITTLEJOHN: What irony that Starmer's in the box seat for a U.S. trade deal thanks to Brexit

Donald Trump dealt Keir Starmer a gold-plated Get Out Of Jail Free card when he dropped his global tariff bomb.

Economics

6 h. ago The last time this led to Great Depression, Irish money minister warns

An Irish Cabinet minister has compared US President Donald Trump’s tariff regime to the circumstances which precipitated the Great Depression.

Events

6 h. 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

6 h. ago Percy Pig US invasion could be thwarted by Donald Trump's tariff gamble

Marks & Spencer’s popular Percy Pig range has just been rolled out in Target shops across the US but its success is likely to take a battering following Donald Trump’s tariffs

Events

6 h. ago Watch: Starmer refuses to rule out further benefit cuts after Trump’s tariffs

Sir Keir Starmer has refused to rule out a fresh round of benefit cuts ahead of the autumn Budget, with Donald Trump’s tariffs threatening to blow a hole in the UK’s public finances.

Politics

6 h. ago US stock market plunges as Trump tariffs wipe £1.5 trillion off Wall Street

Trump slapped a 10% tariff on most US imports and much higher levies on dozens of other countries

Economics