3 h. ago Jaguar Land Rover pauses shipments to US as Trump says impact of tariffs ‘won’t be easy’ – live

Trump’s baseline 10% tariff on all imports from many countries has begun, with higher levies on 57 trading partners to start next weekAmerica’s Brexit? Trump’s historic gamble on tariffs has been decades in the makingIsraeli prime minister Benjamin Netanyahu is expected to visit the White House on Monday to discuss recently announced tariffs with US president Donald Trump, three Israeli officials said on Saturday, according to Reuters.The impromptu visit was first reported by Axios, which said that if the visit takes place, the Israeli leader would be the first foreign leader to meet Trump in person to try to negotiate a deal to remove tariffs. Continue reading...

Politics

6 h. ago Trump tariffs live: Jaguar Land Rover pauses shipments to US as 10% tariff kicks in for UK

Donald Trump admits tariffs plan ‘won’t be easy’ but calls on Americans to ‘hang tough’

Politics

7 h. ago Donald Trump's outrageous move on DAY OFF as his wild tariffs crashed global economy

Donald Trump slapped massive tariffs across dozens of nations that he said - contrary to most economists' opinions - would boost the American economy and bring manufacturing back to the US

Events

7 h. ago Richard Madeley defends Donald Trump's controversial tariff decision after 'warning'

Richard Madeley shared his thoughts after economists warned that Trump's tariffs could have a dramatic impact on the cost of living, both in the USA and abroad

Events

8 h. ago Trump tariffs live: 10% tariff kicks in for UK as Italy says retaliating against US will ‘damage everyone’

Sir Keir Starmer will talk to foreign leaders this weekend to consider how to respond to US tariffs

Politics

9 h. ago Trump’s ‘Liberation Day’ could mean recession in the US and pain worldwide | Steven Greenhouse

The US president’s tariffs are vengeful and impetuous – and will have immense costs with no clear goalWith the huge and painful tariffs that Donald Trump announced on Thursday, “Tariff Man” is acting like a paranoid 12-year-old bully who is convinced that everyone has wronged him, and he wants revenge. But the president’s instrument of revenge – massive tariffs – is going to do serious damage to the US and global economies. Stock market investors are convinced that’s the case, with Wall Street and world stock markets losing trillions of dollars in value in recent days as a result of Trump’s obsession.The president has escalated his risky, vengeful trade war even though the US economy was in strong shape when he took office – the jobless rate was just 4.1%, inflation was below 3% and US economic growth was the strongest in the industrial world, with its stock market at record levels. So it’s unclear whether the US economy needed the shock treatment that Trump is inflicting. The price...

Politics

14 h. ago First lawsuit against Trump’s tariffs argues he illegally used emergency powers

‘These unlawfully implemented tariffs cause harm to American businesses, American jobs, and American consumers,’ says Florida entrepreneur who filed suit

Politics

14 h. ago Trump tariffs come into effect in ‘seismic’ shift to global trade

‘Baseline’ 10% import levy takes effect at US seaports, airports and customs warehouses on Saturday, with some higher tariffs to begin next weekUS customs agents began collecting President Donald Trump’s unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.The initial 10% “baseline” tariff took effect at US seaports, airports and customs warehouses at 12.01am ET (0401 GMT), ushering in Trump’s full rejection of the post-second world war system of mutually agreed tariff rates. Continue reading...

Politics

15 h. ago It could set the industry back 50 years: fashion braces for impact of Trump tariffs

From farmers to designers, the entire supply chain will be hit – but it is unclear what duties apply to a finished productFirst it was steel producers. Then automobiles. Now the fashion industry has been left reeling from Donald Trump’s announcement on Wednesday that he was imposing tariffs on more than 180 countries including severe levies aimed at some of fashion’s biggest manufacturing regions.Trump’s “liberation day” tariffs included a 10% duty on all imports to the US but “worst offender” countries – those with whom America has bigger trade deficits – face a higher rate. Several of these are key to fashion’s supply chains. China, where everyone from Prada to Zara outsource production, faces a 54% duty. Vietnam, where more than half of Nike’s footwear was produced last year, will be subject to a 46% tariff. Pakistan, a key manufacturer of denim items, will be hit with a 29% duty. Bangladesh, where garment manufacturing makes up to 80% of its total exports, will be subjected to 3...

Politics

16 h. ago Readers letters: Actually, the UK should emulate Canada in its response to Trump

Sir Keir Starmer should take a leaf out of Mark Carney’s book – and maybe Hugh Grant’s too – a reader says

Politics

16 h. ago Rachel Reeves speaks on whether tax rises will hit workers after Donald Trump tariffs announcement

The UK Chancellor was forced to make unpopular cuts to the welfare bill after the country's growth forecasts were downgraded.

Economics

18 h. ago Keir Starmer 'hopes to win over Donald Trump in tariffs row with trip to Scotland to meet the King

Although the trip is not directly linked to diplomatic efforts to improve tariffs between the UK and the US, some Whitehall officials are hoping that the royal itinerary makes way for constructive talks.

Politics

20 h. ago Channel small boat migrants top 30,000 since Labour came to power, as Tories accuse PM Sir Keir Starmer of 'betraying the British public'

There were scores of migrant arrivals in Dover this morning after UK Border Force vessels intercepted dinghies in the middle of the English Channel.

Events

21 h. ago As Trump's tariffs trigger market meltdown, leading bank warns there is now a 60 per cent chance of a global recession

As the market meltdown triggered by Donald Trump's trade war accelerated, the FTSE 100 suffered its sharpest drop since the outbreak of the pandemic.

Economics

21 h. ago Retirees keep their eyes on the economy as Trump's tariffs roil financial markets

With financial markets roiling as President Donald Trump unveiled his latest tariffs this week, the economy has been top of mind for many retirees

Economics

25 h. ago Richard Branson pleads for Donald Trump to realise ‘mistake’ of his tariff chaos

‘Courage and self-awareness are cornerstones of true leadership – that includes acknowledging errors and making corrections,’ Virgin boss tells US president

Politics

25 h. ago Fed chair warns of high inflation and slower growth as Trump tells him to cut interest rates – live

Federal Reserve chair says ‘we face a highly uncertain outlook’ as president tells him to cut interest ratesPeople in the US: how have your shopping habits changed due to Trump’s tariffs?Trump insists he won’t back down from global trade war as markets slumpThe Trump administration is taking aim at Brown University with threats to freeze $510m in grants, widening its promise to withhold federal funding from schools it accuses of allowing antisemitism on campus, according to multiple media outlets including Reuters and the New York Times.University officials said they had not yet been formally notified, but the school was among dozens warned last month that enforcement actions could be coming as the administration seeks to crack down on academic institutions . Continue reading...

Events

26 h. ago China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-offBusiness live – latest updatesUS politics live – latest updatesChina has hit back hard against Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.Beijing retaliated on Friday with punitive 34% additional tariffs on all goods imported from the US – mirroring the US decision and exacerbating a sell-off on global stock markets. Continue reading...

Politics

26 h. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers meltdown

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics

26 h. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers mayhem

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics