74 m. ago FTSE 100 suffers worst day of trading since pandemic in Trump tariffs fallout

Trading has been hammered in the aftermath of the US introducing more import taxes on countries around the world.

Politics

15 h. ago Trump live: Markets see worst day since Covid after new tariffs as president teases $5m gold card featuring his face

President Trump imposes blanket tariffs on all countries, hitting China and Europe hardest

Politics

20 h. ago Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’

US president insists country is going to flourish as markets close sharply down; Republican ex-leader Mitch McConnell says tariffs are a ‘bad policy’US stock markets have worst day since Covid over Trump tariffsGlobal markets in turmoil amid Trump tariffsTrump’s chaos-inducing global tariffs, explained in chartsIn the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee. Continue reading...

Politics

21 h. ago US stock markets see worst day since Covid pandemic after investors shaken by Trump tariffs

All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bnUS stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump’s announcement of a barrage of tariffs on the country’s trading partners.All three major US stock markets closed down in their worst day since June 2020, during the Covid pandemic. The tech-heavy Nasdaq fell 6%, while the S&P 500 and the Dow dropped 4.8% and 3.9%, respectively. Apple and Nvidia, two of the US’s largest companies by market value, had lost a combined $470bn in value by midday. Continue reading...

Economics

21 h. ago Dow and NASDAQ see historically bad day with plunges among worst ever as Trump tariffs spark sell

Trump’s tariff plan will ‘level the playing field for American workers,’ the treasury secretary said Thursday as the stock markets slide

Politics

32 h. ago Trump live: Apple stocks tumble in response to ‘Liberation Day’ as senior Republicans speak out on tariffs

President Trump says he will impose blanket tariffs on all countries with ‘worst offenders’ including China and Europe facing much higher rates

Politics

34 h. ago Six Donald Trump bombshells after tariff announcement and what it means for us

Donal Trump placed the highest tariff rates on the US' worst trading partners who he claimed "pillaged" the country.

Politics

34 h. ago Britain avoids worst of Trump’s tariffs, but risks remain for Starmer

PM hopes to strike a US trade deal to further cut 10% levy

Politics

4 d. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likelyWall Street shrinks in response to price pressures, stoking fears of Trump tariffsSwiss bank UBS has cut its forecast for the US stock market’s gains this year.Having previously forecast the S&P 500 shares index would end the year at 6,600 points (which would have been a 12% gain in 2025), UBS have now cut their end-year target to 6,400 points.“After considering the effects of tariffs and slower growth data so far in 2025, we now expect 6% earnings per share growth, and we have accordingly reduced our year-end target for the index to 6,400 (from 6,600).But this also means that there is still meaningful upside for broad US equities by year-end, in our view.”The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take...

Economics

4 d. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump trade war riles investors – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nationsWall Street shrinks in response to price pressures, stoking fears of Trump tariffsEurope’s main stock indices are a sea of red, as investors react to Donald Trump’s declaration that the reciprocal tariffs he is set to announce this week will include all nations.Italy’s FTSE MIB index has dropped 1.4%, France’s CAC is down 1%, and Germany’s DAX has lost 0.95%.The tariffs imposed by the U.S. government and the fear of new announcements as early as Wednesday are creating a bleak atmosphere on trading floors worldwide. Just last Wednesday, the DAX was above 23,000 points, but it now appears that the index may soon test the 22,000 mark.The risk appetite seen in the initial weeks of the year has dissipated as investors and asset managers pull back, reduce positions, and refrain from taking on large new ones. The inclination to buy the dips has nearly vanished. Continue reading...

Economics

3 w. ago Trump backtracks 50 percent tariff on Canadian metals but 25 percent import tax to go into effect

Trump’s tariff threats have caused the worst stock market slide in years

Politics

3 w. ago Trump announces 25 percent tariff on steel from Canada and other nations set to begin in hours

Trump’s tariff threats have caused the worst stock market slide in years

Politics

3 w. ago Trump vows to double tariffs on steel and aluminum from Canada even as markets continue slide

Trump’s tariff threats have caused the worst stock market slide in years

Politics

3 w. ago Trump pushes ahead with tariffs after stock market has worst day of 2025 amid recession fears: Live updates

Trade war anxiety inspires Wall Street sell-off, with only slight rebound salvaging historically bad day

Economics

3 w. ago Trump pushes ahead with tariffs as stock market has ‘worst day of 2025’ amid recession fears: Live updates

Ontario places retaliatory tariffs on energy it sends to New York, Minnesota and Michigan

Economics

3 w. ago Trump pushes ahead with tariffs as stock market have ‘worst day of 2025’ amid recession fears: Live updates

Ontario puts in place retaliatory tariffs on energy that it sends to New York, Minnesota, and Michigan

Economics

3 w. ago Wall Street sell off: Dow Jones and NASDAQ near historically bad days as fears over recession mount

The U.S. stock market is heading toward its worst day since 2022 following President Donald Trump’s trade tariff chaos with Canada, Mexico and other nations

Politics