1 week 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

1 week ago Marjorie Taylor Greene's huge stock buy the day before Trump's tariff U

Marjorie Taylor Greene has admitted to purchasing between tens and hundreds of thousands of dollars worth of stock the day before and the day of Donald Trump's tariff pause.

Politics

2 w. ago US military aid for Ukraine is about to cease. Is Europe ready? | David Shimer

Putin is planning for this war to continue. That leaves two key questions for Ukraine’s European alliesDavid Shimer was the director for eastern Europe and Ukraine on Joe Biden’s National Security CouncilThe 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.In the months before leaving office, Joe Biden made a series of decisions to augment Ukraine’s stockpiles of vital munitions. Toward the end of 2024, the Department of Defense surged hundreds of thousands of artillery rounds, thousands of rockets and hundreds of armored vehicles to Ukraine, and that December, he approved an additional $1.25bn security assistance package for Ukraine, which has enabled the continued flow of US arms ever since (with the exception of the damaging pause ordered by Donald Trump in March).David Shimer served on the White House National Security Council from 2021-25, including as the direct...

Events

2 w. ago ‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed

Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the rightWhile Donald Trump recently instituted and paused hefty tariffs, sparking a trade war and chaos in financial markets, most of the country’s conservative media either applauded the US president or critiqued the policy but not the person behind it, according to journalists and observers of conservative media.Meanwhile, economists, business leaders, Democrats and even some Republicans warned that the tariffs, which prompted the largest American stock market drop since the start of the Covid-19 pandemic, could cause a recession. Continue reading...

Politics

2 w. ago Inside the vast stock buying surge 18 minutes before Trump's tariff U

Minutes before President Donald Trump's tariff pause, investors made strangely prudent financial moves. 

Politics

2 w. ago Trump live updates: U.S. markets close up ending volatile week despite China raising tariffs to 125% in retaliation

‘Going against the world will only lead to self-isolation,’ Chinese Premier Xi Jinping warns

Politics

2 w. ago ‘There isn’t an hour to lose’ – Harris says tariff pause vital for negotiations

Ireland’s deputy premier said it is important to ‘utilise’ US President Donald Trump’s 90-day tariffs pause.

Politics

2 w. ago Did hedge fund 'masters of the universe' force Trump into tariffs U

Donald Trump executed an extraordinary U-turn by pausing the bulk of his 'Liberation Day' levies on trading partners for three months.

Politics

2 w. ago Life in Shanghai, China’s commercial capital, goes on but anti

Chinese companies are relieved Trump’s wider tariffs have been paused but on social media, posts are full of defianceOn Thursday morning in Shanghai, as shoppers filled the luxury malls and delivery drivers whizzed around the winding streets at breakneck speed, financiers breathed a cautious sigh of relief. Overnight, US President Donald Trump had reversed course, announcing a 90-day pause on his so-called “reciprocal tariffs” of up to 50% for dozens of countries. Although China got no such reprieve – instead, the levy on Chinese goods was increased to 145% – the temporary return of normal trade channels showed Chinese businesspeople that all was not lost.Trump’s announcement of punitive tariffs on countries across south-east Asia had risked closing off the routes that Chinese companies have been using since his first term in office to circumvent his levies. Continue reading...

Politics

2 w. ago Supreme court orders Trump to return Maryland man wrongly deported to El Salvador to US – live

Justices rule in favor of Kilmar Abrego Garcia, who lived in the US legally with a work permit and was erroneously deported to El SalvadorSupreme court orders US to help return man wrongly deported to El SalvadorThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these na...

Politics

2 w. ago US markets close with steep losses as Trump tariffs branded ‘worst self

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

2 w. ago House passes budget resolution, paving way for Trump tax and spending cuts – live

Resolution adopted in a 216-214 vote, with two Republicans joining all Democrats to vote against itThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these nationwide injunctions being issued by courts across the country against Donald Trump’s illegal and unconstitutiona...

Economics

2 w. ago Mike Johnson presses ahead with House budget vote despite Republican opposition – live

House speaker delayed vote last night after some Republicans were reportedly threatening rebellionThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these nationwide injunctions being issued by courts across the country against Donald Trump’s illegal and unconstitutional...

Politics

2 w. ago Mike Johnson delays House budget vote after Republican rebellion threatened defeat – live

Delay is blow to House speaker as dozens of Republicans were reportedly threatening to not back voteThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these nationwide injunctions being issued by courts across the country against Donald Trump’s illegal and unconstitution...

Politics

2 w. ago EU backs down over US tariff retaliation following latest move by Trump: Von der Leyen vows to 'give negotiations a chance'

The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties.

Politics

2 w. ago EU pauses tariff retaliation for 90 days to match Trump move, holding out hope for talks

The European Union’s executive commission says it will put on hold for 90 days its retaliation measures against new U.S. tariffs to match President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution

Politics

2 w. ago Trump takes aim at city and state climate laws in executive order – US politics live

President instructs Department of Justice to ‘stop the enforcement’ of state climate laws, calling out New York and Vermont’s ‘climate superfund’ lawsDonald Trump is taking aim and city- and state-led fossil fuel accountability efforts, which have been hailed as a last source of hope for the climate amid the president’s ferociously anti-environment agenda.In a Tuesday executive order, Trump instructed the Department of Justice to “stop the enforcement” of state climate laws, which his administration has suggested are unconstitutional or otherwise unenforceable. Continue reading...

Politics

2 w. ago China says Trump’s trade war ‘will end in failure’, as Beijing’s tariffs take effect

China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep reciprocal tariffs elsewhereBusiness live – latest updatesChina says Donald Trump’s trade war with Beijing “will end in failure” for Washington, hours after the US president announced he would be increasing his tariffs on the country’s imports to 125%.China’s own 84% tariffs on US imports came into effect on Thursday amid an escalating trade war between the world’s two biggest economies. Continue reading...

Events

2 w. ago China says Trump’s trade war ‘will end in failure’ as Beijing tariffs take effect

China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep tariffs elsewhereBusiness live – latest updatesChina says Donald Trump’s trade war with Beijing “will end in failure” for Washington, hours after the US president announced he would increase his tariffs on the country’s imports to 125%.China’s own 84% retaliatory tariffs on US imports came into effect on Thursday amid an escalating trade war between the world’s two biggest economies. Continue reading...

Events

2 w. ago FTSE opens up 6% as markets surge after Donald Trump blinks first and orders a 90

The sharp gains come after the US president announced he would be pausing tariffs on most countries, excluding China, for 90 days.

Politics