2 h. ago Why Russian markets jumped after Trump’s tariff threat against Putin

Russian Stock Market jumped by 2.7 percent after Trump’s ultimatum

Politics

16 h. ago To Whom it May Concern: Trump's tariff letters cause a stir among world leaders

President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders

Politics

19 h. ago EU warns of ‘big gap’ in trade talks after Trump’s 30% tariff threat

Bloc’s trade commissioner Maroš Šefčovič said duties at that level would make transatlantic trading ‘almost impossible’

Events

20 h. ago Trump confirms new weapons deal for Ukraine and threatens ‘severe’ tariffs on Russia if war doesn’t end in 50 days – Europe live

President says US will make weapons, including Patriots, but Europe will fund them for Ukraine during meeting with Nato chief, Mark RutteUkrainian intelligence agents killed members of a Russian secret service cell wanted on suspicion of having shot dead a colonel last week, the SBU said.The SBU intelligence agency said in a statement that the operation had sought the arrest of the agents of Russia’s Federal Security Service (FSB), who it believes were behind the killing of Col Ivan Voronych – also a member of the SBU security service – in Kyiv on Thursday. Continue reading...

Economics

21 h. ago Trump confirms deal for ‘greatest military equipment’ for Ukraine and threatens ‘severe’ tariffs on Russia if war doesn’t end – Europe live

President says US will make weapons but Europe will fund them for Ukraine during meeting with Nato chief, Mark RutteUkrainian intelligence agents killed members of a Russian secret service cell wanted on suspicion of having shot dead a colonel last week, the SBU said.The SBU intelligence agency said in a statement that the operation had sought the arrest of the agents of Russia’s Federal Security Service (FSB), who it believes were behind the killing of Col Ivan Voronych – also a member of the SBU security service – in Kyiv on Thursday. Continue reading...

Events

23 h. ago Ceasefire prospects, joint drone production and strengthening air defences on table in US talks, Ukraine says – Europe live

Ukraine president says he had ‘productive’ meeting with US envoy with Trump announcement on Russia due to come later todayUkrainian intelligence agents killed members of a Russian secret service cell wanted on suspicion of having shot dead a colonel last week, the SBU said.The SBU intelligence agency said in a statement that the operation had sought the arrest of the agents of Russia’s Federal Security Service (FSB), who it believes were behind the killing of Col Ivan Voronych – also a member of the SBU security service – in Kyiv on Thursday. Continue reading...

Events

24 h. ago Strengthening air defences, sanctions against Russia and procurement of weapons all on table in US talks, Zelenskyy says – Europe live

Ukraine president says he had ‘productive’ meeting with US envoy with Trump announcement on Russia due to come later todayUkrainian intelligence agents killed members of a Russian secret service cell wanted on suspicion of having shot dead a colonel last week, the SBU said.The SBU intelligence agency said in a statement that the operation had sought the arrest of the agents of Russia’s Federal Security Service (FSB), who it believes were behind the killing of Col Ivan Voronych – also a member of the SBU security service – in Kyiv on Thursday. Continue reading...

Society

25 h. ago FTSE 100 LIVE: London up and European markets dip amid fresh Trump tariff threats

FTSE 100 LIVE: London up and European markets dip amid fresh Trump tariff threats  Yahoo

Politics

28 h. ago EU scrambles to respond to US tariff threat as Trump promises ‘major statement’ on Russia – Europe live

EU ministers meet for urgent talks after US president threatens 30% tariffs on blocA show of unity is expected publicly with German chancellor Friedrich Merz saying he will work “intensively” with Emmanuel Macron, Ursula von der Leyen and Trump to try and rescue the agreement in principle that was put on Trump’s desk last week involving tariffs of 10%. Over the past three months Germany has urged a quick UK style deal while Macron has favoured a tougher stance to face down Trump, given average tariffs before his presidency were 2.5% and they breach WTO rules.The EU’s continued and future reliance on the US for security and defence is influencing the position with member states accepting a trade off between business and arms and military intelligence Trump provides.If stock markets fall that puts at risk the pensions and the savings of the Americans. Continue reading...

Politics

29 h. ago Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.Donald Trump’s threat to impose a 30% on European Union imports from next month is weighing on European stock markets this morning.Most of Europe’s markets have dropped at the start of trading, pulling the pan-European Stoxx 600 index down by 0.6%.Inadvertently or otherwise the President is testing the market’s patience. At a time when investors had seemingly brushed aside the likelihood of the base line of tariffs settling at 10%, the new pronouncements suggest a level of between 15% and 20% being the norm, with additionally punitive numbers on the likes of Canada at 35% adding to the uncertainty.The so-called “TACO” trade will therefore be tested again, with markets drifting in the US on Friday and futures currently suggesting a similar fall today. In addition, and as the new 1 August extension approaches, nerves are likely to jangle. Continue readi...

Economics

46 h. ago EU pauses trade retaliation against US after Trump’s 30% tariff threat

European Commission president Ursula von der Leyen calls for negotiated solution to dispute

Politics

3 d. ago Trump gets aggressive in tariff push: Canada threats, blanket rates and ‘TACO’ create uncertainty for future

America’s trading partners brace for another series of tariff proposals that have blindsided allies

Politics

3 d. ago Trump's 50% tariff on Brazilian goods like coffee and orange juice could drive up US breakfast costs

President Donald Trump’s threat to boost import taxes by 50% over Brazilian goods could drive up the cost of breakfast in the United States

Politics

3 d. ago Enduring confusion is the only certainty amid Trump’s latest tariff threats

Experts suspect ‘front loading’ of activity may mask deeper impact of tariffs on the US economy“There has been no change to this date, and there will be no change,” Donald Trump said on his Truth Social platform this week. “All money will be due and payable starting AUGUST 1, 2025 – no extensions will be granted.”There had, in fact, been a change. The 90-day “pause” on the highest tariffs threatened by Trump on his so-called “liberation day” in April elapsed on Wednesday. But with just three trade agreements in place, instead of the 300 once promised, the White House had switched one deadline for another. Continue reading...

Politics

4 d. ago Shunned Myanmar leader thrilled at US contact after Trump tariff letter

Min Aung Hlaing expresses ‘sincere appreciation’ for letter from US president threatening 40% tariffMyanmar’s military leader has praised Donald Trump and asked him to lift sanctions, as the junta sought to capitalise on a tariff letter from the US president believed to be Washington’s first public recognition of its rule.Min Aung Hlaing, who has been in power since a 2021 coup, expressed his “sincere appreciation” for Trump’s letter, which threatened a tariff of 40% on its goods, and commended the US president for his “strong leadership” and for guiding the US “toward national prosperity with the spirit of a true patriot”. Continue reading...

Politics

4 d. ago Trump announces 35% tariffs on Canadian goods and threatens blanket increases on the rest of the world

The two nations have been locked in deep negotiations trying to settle the tariff war that broke out when Trump returned to office and announced plans to upend world trade.

Politics

4 d. ago Trump threatens 35% tariff on Canadian goods and says he may double what other nations are charged

Trump is playing hardball with countries that have yet to make a trade deal with him

Politics

4 d. ago US will impose 35% tariffs on Canadian imports, Trump says in letter

New levies, apart from the 25% on auto parts and 50% on steel and aluminum, will come into effect on 1 AugustDonald Trump has said the US will impose a 35% tariff on imports from Canada next month and threatened to impose blanket tariffs of 15% or 20% on most other trade partners.In a letter released on his social media platform, Trump told Mark Carney, the Canadian prime minister, the new rate would go into effect on 1 August and would increase if Canada retaliated. Continue reading...

Politics

4 d. ago Rubio in bind as he seeks to reassure Asia, even as region faces punishing Trump tariffs

Questions over US commitment to the region coupled with Trump’s tariff polices could be a boon to ChinaEven as they face among the most punitive tariffs globally, US secretary of state Marco Rubio has sought to reassure southeast Asian nations of Washington’s commitment to the region, saying countries there may get “better” trade deals than the rest of the world.In his first official visit to Asia, Rubio met foreign ministers of the 10-member Association of Southeast Asian Nations (Asean) in Malaysia on Thursday, telling his counterparts the US has “no intention of abandoning” the region. His visit came days after president Donald Trump renewed his threat to impose severe tariffs across many southeast Asian countries if they did not strike deals by 1 August. Continue reading...

Politics

4 d. ago Lula threatens 50% tariff on US goods in retaliation for Trump levy on Brazil

Brazilian president says ‘if he charges us 50%, we’ll charge him 50%’ after Trump cited trial of Bolsonaro to justify tariffBrazil threatened to hit back against Donald Trump’s plan to introduce 50% tariffs on its exports with its own 50% tariff on US goods, setting the stage for a precipitous trade war.“If he charges us 50%, we’ll charge him 50%,” Luiz Inácio Lula da Silva, the Brazilian president, told local news outlet Record, a day after Trump threatened to impose steep duties on Brazilian goods and accused the country of conducting a “witch-hunt” against its former president Jair Bolsonaro, who is facing a trial over his attempt to overturn his 2022 election defeat. Continue reading...

Politics