24 h. ago Activists unveil large Donald Trump protest art near US president’s golf resort

The stunt was timed to coincide with the first 100 days of Trump's second term

Politics

9 d. ago Swiss drugmaker Roche to invest $50bn in US in effort to dodge Trump tariffs

Company says it will create 12,000 jobs in manufacturing and R&D over next five yearsBusiness live – latest updatesThe Swiss drugmaker Roche has said it will put $50bn (£37bn) into manufacturing in the US over the next five years, joining the queue of companies unveiling investments to try to head off potentially punitive Donald Trump tariffs.Roche said on Tuesday the investment would create more than 12,000 jobs, including 6,500 in construction and 1,000 at new and expanded existing facilities in the US, including factories and distribution centres in Kentucky, New Jersey and California. Continue reading...

Economics

2 w. ago Price hike on Shein? How Trump tariffs could shift the US’s love of fast fashion

Trump ended the ‘de-minimis’ rule while launching a trade war with China – which will make retail giants such as Temu more expensive, experts sayAfter a chaotic week of flip-flopping tariff policies, cheap clothes from China are nearly certain to face a steep price hike soon – prompting concern among fast fashion retailers and potentially pushing consumers to look for other alternatives.As part of a package of global tariff policies announced on “liberation day” last week, Donald Trump signed an executive order that ended a duty-free exemption for low-priced goods to enter the US from China and Hong Kong. Known as the “de-minimis” rule, packages under $800 do not qualify for any taxes or tariffs on the goods and are inspected minimally at the border. Continue reading...

Politics

2 w. ago Dealmaking genius or boy who cried wolf? Trump’s trade retreat sows doubts

Nothing is certain under this president – as seen in the inconsistent implementation of tariffs. And it has a longer-term economic costMinutes after Donald Trump unveiled a climbdown on tariffs, softening an extraordinary US attack on trade from much of the world, his press secretary scolded reporters at the White House.“Many of you in the media clearly missed The Art of the Deal,” said Karoline Leavitt, referring to the 1987 bestseller which laid the foundations of the president’s reputation as a consummate dealmaker. Continue reading...

Politics

2 w. ago Keir Starmer admits he has not spoken to Donald Trump since tariffs were unveiled

The prime minister denied that Mr Trump is refusing his calls, saying their teams ‘talk all of the time’

Politics

3 w. ago How ‘liberation day’ rout compares with other notorious stock market crises

A swift loss of £4tn from global stock markets has led some to liken Trump’s trade war to 1929 Wall Street crashBusiness live – latest updatesDonald Trump’s escalating trade war has plunged global financial markets into the steepest rout since the spread of the Covid pandemic five years ago.Drawing parallels with the 1929 Wall Street crash and the ensuing 1930s Great Depression, the US president’s “liberation day” tariff plan has led to warnings of a global recession from leading economists. Continue reading...

Politics

3 w. ago FTSE 100 Live 07 April: Stock market rout deepens, index down 5% and S&P 500 set for bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

3 w. ago FTSE 100 Live 07 April: Index slides 6% as stock market rout continues, S&P 500 seen in bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

3 w. 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

3 w. ago Starmer speaks to world leaders as FTSE 100 plunges after Trump’s tariffs

Trading has been hammered in the aftermath of Donald Trump unveiling his full range of import taxes on countries around the world.

Politics

3 w. ago ‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates sayUS politics live – latest updatesThe sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say.Trump’s new 10% universal tariffs – which are higher for many major economies – are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will not apply to many fossil fuel products, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals. Continue reading...

Politics

3 w. ago Wall Street stocks plunge deeper after worst trading day since pandemic

Trading has been hammered in the aftermath of President Donald Trump unveiling his full range of import taxes on countries around the world.

Events

3 w. ago Donald 'Willy Wonka' Trump unveils $5million 'golden ticket' with his face on it

The Orange Manbaby showed off the $5million 'green-card-privileges-plus' card to reporters as his face glistened with sweat on board Air Force One – as the US stock market nose dived

Politics

3 w. ago How investors can protect against tariff turbulence... and even profit from the storm

Ahead of Isa deadline day, the mood is apprehensive following Donald Trump's unveiling of his tariff plan, which has shrunk the value of many stocks and shares Isas.

Economics

3 w. ago Donald Trump unveils bizarre new 'gold card' with his face that will cost you $5million

The US President showed off his new visa on Air Force One. The $5 million card features his face, his name and the huge price tag splashed over. Trump also bizarrely claimed he was the first person to buy the residency permit

Economics

3 w. 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

4 w. ago Stock markets ready to react to Trump’s tariff announcement after fears stoke overnight drop

The U.S. stock markets are expected to dip one day after Trump promised to ‘make America wealthy again’ with new across-the-board tariffs

Politics

4 w. ago Trump tariffs: How could Europe retaliate as trade war breaks out

The sweeping round of ‘Liberation Day’ tariffs was unveiled by Donald Trump in the White House on Wednesday - but how will the EU react?

Politics

4 w. ago FTSE 100 Live 03 April: Stocks and dollar weaken on tariffs shock, Currys shares bounce

Stock markets have tumbled as shocked investors react to the “Liberation Day” tariffs unveiled by President Trump at the White House last night.

Events

4 w. 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