2 h. ago Canada ‘will never be part of the US’, says new PM Mark Carney amid trade war

Former Bank of Canada and Bank of England governor sworn in and expected to call election soonMark Carney has said Canada will never be part of the US, after being sworn in as the country’s 24th prime minister in a sudden rise to power.“We will never, in any shape or form, be part of the US,” the former governor of the Bank of Canada and the Bank of England told a crowd outside Rideau Hall in Ottawa, rejecting Donald Trump’s annexation threats. “We are very fundamentally a different country.” Continue reading...

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4 h. ago Dollar General CEO makes grim admission amid Trump’s trade war

The CEO of Dollar General has admitted that the chain is “not anticipating improvement” for core customers in 2025, amid President Donald Trump’s ongoing foreign trade wars.

Events

5 h. ago Mark Carney sworn in as Canada's prime minister as country deals with Donald Trump's trade war

Former Bank of England governor replaces Prime Minister Justin Trudeau

Politics

5 h. ago Mark Carney sworn in as Canadian prime minister amid US trade war

Former Bank of Canada and Bank of England governor becomes 24th PM and expected to call election soonMark Carney has been sworn in as Canada’s 24th prime minister, capping a sudden rise to power for the former governor of the Bank of Canada and the Bank of England.Less than a week ago, Carney beat the former finance minister Chrystia Freeland, the former government house leader Karina Gould and the former member of parliament Frank Baylis with a dominant 85.9% of the vote, in a closely watched leadership race. He has no prior elected experience and does not have a seat in the House of Commons, making him a rarity in Canadian history. Continue reading...

Politics

6 h. ago Trump to deliver rare speech at Justice Department today amid turmoil over firings and case dismissals: Live updates

President’s chaotic trade war continues to unsettle financial markets as administration suffers further political setbacks in court

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8 h. ago Trump live updates: President wants to invoke wartime Alien Enemies Act of 1798 to carry out mass deportations

President’s chaotic trade war continues to unsettle financial markets as administration suffers further political setbacks in court

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8 h. ago Trump has threatened to annex Danish territory Greenland. Now the US is asking Denmark for help with egg shortages

The plea comes amid Donald Trump’s trade war and an outbreak of avian flu that has led to shortages and price rises

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10 h. ago Trump live updates: President to deliver ‘law and order’ address at Department of Justice

President’s chaotic trade war continues to unsettle financial markets as administration suffers further political setbacks in court

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11 h. ago ‘We’re ground zero’: Canada steel town is frontline of Trump’s tariff trade war

Mayor of city ‘with steel in its veins’ says ‘There’s a lot of tension a lot of worry’ as 25% export levy kicks inThe sprawling ArcelorMittal Dofasco steel plant in Hamilton, Ontario has in recent months become a site of pilgrimage for Canadian political leaders.Dressed in pristine orange coveralls and hard hats, prime ministers and provincial premiers gaze at coiled sheets of steel with the stern grimaces and keen interest of generals reviewing a military parade. Continue reading...

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12 h. ago Trump live updates: U.S. importers warn president’s 200% tariff threat on E.U. alcohol will kill demand

President’s chaotic trade war continues to unsettle financial markets as administration suffers further political setbacks in court

Events

12 h. ago Tesla tells US government Trump trade war could ‘harm’ EV companies

Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffsBusiness live – latest updatesElon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that would also affect other automotive manufacturers in the US.In an unsigned letter to Jamieson Greer, the US trade representative, Tesla said it “supports fair trade” but that the US administration should ensure it did not “inadvertently harm US companies”. Continue reading...

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15 h. ago Ed Davey calls on Keir Starmer to back Canada against Trump attacks

Lib Dem leader says PM should make public show of support for ally against ‘shocking attacks’ on its sovereigntyThe leader of the UK’s Liberal Democrats has called on the prime minister to publicly support Canada and oppose the “shocking attacks” on Canadian sovereignty, as the Trump administration further escalates its global trade war against longstanding allies.Ed Davey, who leads the third largest political party in the UK, has called on Keir Starmer to travel to Canada in a show of support to the nation’s new prime minister, Mark Carney, as the commonwealth nation faces a generational crisis under Trump’s tariff war and suggestions that the country might become the 51st US state. Continue reading...

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21 h. ago Trump's tariffs have caused the 7th fastest stock market slump on record... leaving 401(K)s ravaged

Wall Street´s sell-off hit a new low Thursday after President Donald Trump´s escalating trade war dragged the S&P 500 more than 10 percent below its record -  set just last month.

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25 h. ago S&P stock market suffers first ‘correction’ since 2023 having lost 10% of its record

The sell-off on Wall Street struck a new low Thursday following the expanding trade war pushed by President Donald Trump, dragging the S&P 500 more than 10 percent below the record set last month.

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28 h. ago Trump live updates: Trump threatens 200 percent retaliatory tariff on European wine and spirits as trade war escalates

President threatens 200 percent tariffs on European wines and champagnes if tax is upped on U.S. whiskey

Events

28 h. ago Boycott USA: Trump’s tariff trade war sparks international movement to reject Uncle Sam

Donald Trump’s ‘America First’ tariffs have encouraged some consumers to leave US goods on the shelf

Politics

31 h. ago Trump live updates: Trump threatens 200 percent retaliatory tariff on European alcohol as trade war escalates

President threatens 200 percent tariffs on European wines and champagnes if tax is upped on U.S. whiskey

Events

32 h. ago Trump threatens massive 200% tariff on the 'hostile and abusive' EU targeting champagne and alcohol

President Donald Trump is threatening a 200 per cent retaliatory tariff on champagne and wine out of Europe in the latest salvo of his trade war.

Events

32 h. ago Trump threatens 200% retaliatory tariffs on European wines and other alcohol – US politics live

US president aims latest trade war salvo at Europe, threatening its alcohol industry after the EU imposed levies on American whiskey on WednesdayDonald Trump threatens 200% tariff on EU wine and champagneLuxury Italian sports car manufacturer Ferrari says it is ready for countermeasures if US President Donald Trump imposes hefty tariffs on European auto imports.“We are ready with some countermeasures,” Ferrari CEO Benedetto Vigna told Cnbc’s Converge Live in Singapore. “We are waiting for the official number to be published,” he added, referring to Trump’s threat of duties “of around 25%” on EU carmakers. He added:We will watch what happens over the next month, in the next few weeks. We are in the same boat in terms of tariffs.The customer is at the centre of our attention.” Continue reading...

Politics

32 h. ago Trump threatens 200% tariff on French wine and other alcohol from Europe in latest trade war escalation

Trump continues to describe tariffs as paid by foreign governments even though they are taxes paid by American importers

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