85 m. ago Tariffs live: Markets plummet across Asia as Trump sparks fears of global trade war

Donald Trump has announced reciprocal tariffs on dozens of countries

Politics

1 hour ago Trump tariffs see stocks dive and investors scramble to bonds, gold and yen

Nasdaq futures tumbled 3.3% and in after-hours trade as $760bn was wiped from the market value of ‘Magnificent Seven’ technology leadersStocks dived and investors scrambled to the safety of bonds, gold and the yen on Thursday as Donald Trump unveiled a bigger-than-expected wall of tariffs around the world’s largest economy, upending trade and supply chains.The technology sector was pummelled as manufacturing hubs in China and Taiwan faced new tariffs above 30%. In total, China now faces an eye-watering 54% in tariffs on its exports to the US. Continue reading...

Economics

2 h. ago Trump imposes tariffs on uninhabited Heard and McDonald Islands near Antarctica

Australian prime minister surprised after external territories – including tiny Norfolk Island and remote islands home to penguins – targeted by US presidentA group of barren, uninhabited volcanic islands near Antarctica, covered in glaciers and home to penguins, have been swept up in Donald Trump’s trade war, as the US president hit them with a 10% tariff on goods.Heard Island and McDonald Islands, which form an external territory of Australia, are among the remotest places on earth, accessible only via a two-week boat voyage from Perth on Australia’s west coast. They are completely uninhabited, with the last visit from people believed to be nearly 10 years ago. Continue reading...

Politics

3 h. ago Trump points to the Depression to justify tariffs, but they’re widely seen as intensifying downturn

President says 1929 Depression ‘would have never happened if they had stayed with the tariff policy,’ a statement most experts disasgree with

Politics

3 h. ago ‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs

The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in BritainDonald Trump’s tariff “day of liberation” arrived with the US president imposing markups on imports while accusing other nations, including allies, of “looting, pillaging, raping and plundering” the US.The UK got off relatively lightly with the basic 10%. Here is how major British newspapers see it. Continue reading...

Politics

4 h. ago ‘Catastrophic for American families’: Business leaders react as Trump imposes ‘Liberation Day’ tariffs on world

Tariff announcements prompted worldwide financial anxiety and opposition from some Republicans on Capitol Hill

Politics

4 h. ago Five places on Donald Trump’s Liberation Day Tariff chart you may not have heard of

Tariffs against the UK, EU, China and other major economies made the headlines - but a smaller territories also made the list

Politics

4 h. ago Stock market today: Asian markets slip following Trump's announcements of big tariff hikes

Asian markets and U.S. futures have tumbled following U.S. President Donald Trump's announcement of big increases in tariffs on imports of goods from around the world

Politics

4 h. ago Why three major countries were conspicuously left OFF Trump's massive tariffs list

President Donald Trump announced Wednesday his decision to level sweeping economic tariffs on foreign countries across the globe, but three significant countries were not on the list.

Politics

5 h. ago Which everyday items will see price hikes after Donald Trump revealed his global tariffs

Donald Trump's previously announced tariffs on all goods imported to the US are set to come into effect immediately - and prices in the UK could be impacted as a result

Politics

5 h. ago Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader

Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hoursCanada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy.In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade ally Mexico. Continue reading...

Politics

5 h. ago Trump imposes sweeping Liberation Day reciprocal tariffs targeting 'foreign cheaters' sending shockwaves worldwide

President Donald Trump made good on his campaign promise to implement sweeping new tariffs during a Wednesday afternoon event in the White House Rose Garden.

Events

6 h. ago Donald Trump liberates Americans from their retirement savings with tariff gamble

ANALYSIS: Trump’s decision to impose a wave of tariffs on dozens of countries fulfills one promise of his campaign, while breaking another, writes Richard Hall

Politics

6 h. ago There is now only a slim chance that a global recession can be averted

Editorial: Decades of painstaking work to establish rules for international trade are being undone by the stroke of a presidential Sharpie. To restore order, something akin to a peace process will be needed

Politics

6 h. ago What everyday UK items are set to soar in price as Donald Trump reveals tariffs

Prices are set to rise in the UK after Donald Trump announced his 'Liberation Day' tariffs on goods from across the world - mortgages, cars and even tin foil could soon be more expensive

Politics

6 h. ago No escape for UK as Trump targets ‘foreign cheaters’ in new global trade war

Keir Starmer urges ‘calm’ as Donald Trump reveals that UK companies face a 10 per cent tariff from 0500 GMT

Events

7 h. ago The Latest: Business leaders warn Trump tariffs will raise prices for US consumers

President Donald Trump has announced plans for sweeping tariffs

Events

7 h. ago What tariffs has Donald Trump announced and what might they mean?

The US president set out sweeping trade levies hitting countries across the world

Politics

7 h. ago Donald Trump tariffs: 6 bombshells from unhinged announcement and what it means for us

Trump insisted it would spark a boom - but there's every chance his tariff announcement will cause chaos in global trade - with wildly unpredictable results for the global economy

Politics

7 h. ago Trump’s wall of tariffs is likely to raise prices and cause chaos for business

President promised liberation yet may have plunged the US into recession and the world into an economic scrambleDonald Trump is finally making good on his campaign promises to “build that wall” – but instead of steel fencing along the Mexican border, it will be constructed from tariffs, and will enclose the entire United States.In his pugnacious and typically rambling speech on the White House lawn on Wednesday, Trump set out plans for across-the-board import taxes, ranging from 10% to more than 40%. Continue reading...

Economics