11 h. ago Trump news live updates: Canada and EU strike back at tariffs as trade war escalates

The European Commission and Canada have both issued retaliatory tariffs in response to Trump’s trade war

Events

21 h. ago Canada launches new $20 billion tariff attack on U.S. computers and sports gear as trade war with Trump escalates

Canada announced $21 billion in new tariffs against the U.S. on Wednesday.

Economics

27 h. ago Trump’s fresh steel tariffs threaten UK growth hopes, warn business groups

Experts warned against ‘the siren calls of protectionism’ amid fears the latest trade war escalation could derail economic growth.

Events

29 h. ago EU declares counter tariffs on $28 billion worth of US goods as Trump trade wars escalate

The European Union announces counter tariffs on $28 billion of US goods hours after US tariffs steel and aluminium imports come into effect

Economics

42 h. ago Canada folds to Trump and CANCELS bombshell electricity tariff after president's trade war escalation

Canada folded to President Donald Trump after he vowed the nation would pay an historically big 'financial price' for the electricity tariff it imposed on the United States.

Politics

45 h. ago Trump raises Canadian steel and aluminum tariffs to 50% as trade war escalates

President cites Ontario’s recent imposition of 25% surcharge on electricity exports to US as reason for doubling dutiesUS politics – live updatesDonald Trump has announced he is doubling tariffs on Canadian steel and aluminum from 25% to 50% as a retaliation for the province of Ontario’s imposition of a 25% surcharge on electricity exports to several US states, in a dramatic escalation of the trade war between the two ostensibly allied countries.“Based on Ontario, Canada, placing a 25% Tariff on ‘Electricity’ coming into the United States, I have instructed my Secretary of Commerce to ad [sic] an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD,” Trump wrote on Truth Social. Continue reading...

Politics

51 h. ago With US leadership and European support we Ukrainians may at last have peace. But don’t let Russia off the hook | Andriy Yermak

Today’s Jeddah summit will be crucial. But so too is the need for European unity to counter Russian aggression now, and deter it in the futureAndriy Yermak is head of the Ukrainian presidential officeZelenskyy’s chief of staff urges Europe to keep financial pressure on RussiaAs I arrive in Jeddah, Saudi Arabia, a ceasefire in the three-year war the Russian Federation has waged on my country has never seemed closer. Recent talks between Ukraine and its partners have given rise to great hope that the Ukrainian people will very soon return to the peaceful lives that they enjoyed before the war began in 2014 or the extreme escalation since 2022.I believe that together with strong American leadership we can reach this goal. The prospect of peace – long hoped for – forces every Ukrainian to reflect on our shared gratitude, concern and determination. Gratitude for the support and confidence that we have received in recent years, concern for the future of Europe and determination to reaffir...

Politics

3 d. ago Trump refuses to rule out recession as chaotic trade war with Canada, Mexico and China escalates: Live updates

President’s remarks follow turbulent week as markets rattled by series of aggressive tariff announcements and immediate walkbacks

Politics

3 d. ago China’s retaliatory tariffs on US farm goods kick in, as trade war escalates – business live

Rolling coverage of the latest economic and financial newsChina’s stock markets have dropped today, as the double-whammy of trade war fears and deflation weighed on investors.The CSI 300 index dropped by 0.4%, while in Hong Kong the Hang Seng index slid by 1.8%.The week starts on a sharp negative note for the Chinese stocks, as the latest inflation update showed that consumer prices in China fell the most in more than a year .Overall, the week is expected to bring more tariffs the Chinese tariffs on US agricultural and some Canadian products will start today, while the US steel and aluminium tariffs will be live from Wednesday.Monday kicks off with the same old deflationary drumbeat as China’s consumer inflation took a deeper dive than expected, slipping below zero for the first time in over a year. The data only reinforces what’s been clear for months—deflationary pressures remain firmly entrenched in the world’s second-largest economy.The property sector remains stuck in the mud, ...

Economics

3 d. ago Nigel Farage accused of ‘witch hunt’ by Rupert Lowe as Reform civil war escalates

Reform leader Nigel Farage and MP Rupert Lowe have continued to exchange blows as former Brexit Party MEPs who served with both men come to the Great Yarmouth MP’s aid

Events

3 d. ago Syria's worst violence in months reopens wounds of the civil war

An ambush on a Syrian security patrol by gunmen loyal to ousted leader Bashar Assad escalated into clashes that a war monitor estimates have killed more than 1,000 people over four days

Events

3 d. ago Reform civil war escalates as Rupert Lowe hits back at Nigel Farage ‘witch hunt’

Reform Leader Nigel Farage and MP Rupert Lowe have continued to exchange blows in an escalating civil war

Events

6 d. ago Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week

Politics

7 d. ago Trump accuses 'Governor' Trudeau of using tariffs drama to 'stay in power' in explosive call

Donald Trump is tearing into 'Governor' Justin Trudeau of Canada after an explosive call between the leaders as the tariff war escalates. 

Events

8 d. ago Playing the victim: how Trump’s clash with Zelenskyy paved the way for the suspension of military aid | Lilie Chouliaraki

Who is really suffering from this conflict? We are, said the US president, in a move straight from the populist playbookDuring a dramatic Oval Office meeting last Friday, US president Donald Trump confronted Ukrainian president Volodymyr Zelenskyy in a move that upended the long-established narrative of Russia as the aggressor and Ukraine as the victim.In the conversation, which quickly escalated into a tense exchange, Trump accused Zelenskyy of prolonging the war with Russia by refusing to engage in peace negotiations with Vladimir Putin. His rhetoric suggested that Ukraine, not Russia, was responsible for escalating the conflict and that the US had unfairly borne the burden of Ukraine’s resistance. Trump constructed a new hierarchy of suffering, one in which the US emerged as the primary victim, Ukraine as the source of its burdens and Russia as innocent of blame.Lilie Chouliaraki is professor of media and communications at the London School of Economics and Political Science, and...

Events

8 d. ago How Trump’s tariffs on Canada, Mexico and China will impact US businesses and shoppers

President Donald Trump’s long-threatened tariffs have plunged America into an escalating trade war — and consumers and businesses will be the hardest hit

Economics

8 d. ago Trump declares administration ‘just getting started’ in address to Congress

President boasted about efforts to slash federal workforce and reorient foreign policy as Democrats protested from chamberDonald Trump on Tuesday declared that his administration was “just getting started”, boasting in an extended address to Congress and the American public about his administration’s efforts to slash the size of the federal workforce, reorient US foreign policy and escalate a risky trade war as Democrats protested from the chamber with placards that read “lies” and “false”.“America is back,” Trump declared, opening the his primetime speech to a joint session of Congress, the first of his second term and the longest in American history. Republicans broke into a boisterous chant of “USA”. Continue reading...

Politics

8 d. ago What to know about Trump's tariffs and their impact on businesses and shoppers

U.S. President Donald Trump’s long-threatened tariffs are here — plunging America into an escalating trade war with China, Canada and Mexico

Economics

8 d. ago Trump slams ‘Governor Trudeau of Canada’ in escalating tariff trade war that caused market plunge: Live

President’s trade aggressions cause further unease after he suspends American aid for Ukraine

Politics

8 d. ago Furious Justin Trudeau calls Donald Trump's tariffs 'dumb' and vows to escalate trade war

Canadian Prime Minister Justin Trudeau delivered a strong rebuke of President Donald Trump's decision to level punishing tariffs on their country.

Politics