2 h. ago By slapping tariffs on Britain, Trump has gifted Starmer with the perfect excuse to ditch Net Zero fiasco, writes MATT RIDLEY

Sir Keir Starmer has woken up to the fact that his policies are killing one of Britain's last successful manufacturing industries, the £90-billion-a-year car industry, on which 800,000 jobs depend.

Politics

2 h. ago British businesses warn they face fight to survive amid fears their revenue will be HALVED after world was plunged into 'turmoil' by Donald Trump's 'ridiculous' tariffs

Firms have told MailOnline the world is in 'turmoil' and labelled the US President's decision to impose the widespread tariffs as 'ridiculous'.

Events

3 h. ago Minister to pitch Scottish business during trip to China and Japan

Richard Lochhead said the two Asian markets are increasingly important to Scotland amid a ‘volatile global economy’.

Politics

6 h. ago Seesaw day ends with Dow down as Trump’s tariff reports send stock markets on wild swings

Claims that Kevin Hassett said Donald Trump is considering a 90-day pause on tariffs are ‘fake news’

Politics

6 h. ago Trump says US in direct talks with Iran over nuclear program as he holds Oval Office meeting with Netanyahu – US politics live

President says talks to continue on Saturday and adds he and Israeli president also discussed tariffs and Israel-Gaza warEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

6 h. ago Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live

US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’Trump threatens additional 50% tariffs on China over retaliatory leviesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

6 h. ago Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

Economics

6 h. ago Trump says there will be NO pause on tariffs as he tears into countries 'ripping off' America: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

7 h. ago Rollercoaster day for global stock markets as BlackRock CEO says US ‘probably in recession’ – business live

Larry Fink says most CEOs he talked to agreed with assessment; US indexes see sharp ups and downs; UK index loses nearly 4.5% US politics live: Trump threatens China with additional tariffsVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

7 h. ago The US president must act now to prevent his ‘Trump Slump’ becoming a global one

Editorial: As confidence drains from the world economy, the stock market contagion sparked by Donald Trump’s tariffs could yet spread to the banks, with a trade recession joined by a credit crunch. If he presses on, the dangers are unthinkable

Politics

8 h. ago Bogus report on tariff pause briefly lifted markets before White House denied it

A bogus rumor that President Donald Trump was considering a pause in tariffs briefly lifted markets Monday before the White House shot down the unfounded reports

Economics

8 h. ago Mystery as Trump 'cancels' press conference with Netanyahu amid global tariff market meltdown: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

9 h. ago Trump triples down on tariffs as historic market bloodbath fuels MAGA civil war: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Events

9 h. ago Keir Starmer calls for calm in face of ‘era of global instability’ following Donald Trump’s tariffs

The Prime Minister announced fresh support for industry

Politics

9 h. ago Keir Starmer's dire warning over Donald Trump economic chaos

Keir Starmer told Jaguar Land Rover workers in Birmingham that Donald Trump's tariffs were bad news and would have a 'profound' impact across the globe - but vowed to back British workers 'to the hilt'

Events

9 h. ago Petrol car ban date confirmed by Keir Starmer amid Donald Trump tariff fallout

The Prime Minister backed the British car industry on Monday as he warned Donald Trump's tariffs will have a 'profound' impact on the global economy

Politics

9 h. ago Donald Trump threatens China with '104% tariffs' with global markets in Black Monday meltdown

The White House confirmed that with previous hikes in tariffs on China, the total Beijing was now being threatened with would be 104%.

Politics

10 h. ago Donald Trump threatens China with 50% extra tariffs with global markets in Black Monday meltdown

Economic experts are already comparing Trump’s tariffs to Liz Truss’ disastrous economic policy which saw her swiftly forced to resign as Prime Minister

Politics

10 h. ago World's most powerful banker breaks his silence on Trump tariffs to issue terrifying warning

Jamie Dimon issued a direct warning about President Donald Trump's tariffs. 

Events

10 h. ago Trump threatens China with extra 50% tariffs if country fails to withdraw 34% retaliatory levies – US politics live

US president escalates trade war with China, saying all negotiations will be terminated and additional levies will take effect on WednesdayGlobal stock markets tumble over tariff ‘medicine’Wall Street falls continue – business liveWhich Trump billionaires have lost the most?EU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics