1 week ago Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession

Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plungeTed Cruz, the US senator from Texas, has warned that his fellow Republicans risk a “bloodbath” in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs cause a recession.Cruz also warned that the president’s tariffs, if they stay in place for long and are met by global retaliation on American goods, could trigger a full-blown trade war that “would destroy jobs here at home, and do real damage to the US economy”. Continue reading...

Events

1 week ago Donald Trump's rosy assessment of tariffs despite causing stock market chaos

Donald Trump spoke to reporters hours after plunging the stock market into havoc - sparking fears of a recession - with his raft of tariffs, including the 10% on the UK

Politics

2 w. ago US stock market plunges as Trump tariffs wipe £1.5 trillion off Wall Street

Trump slapped a 10% tariff on most US imports and much higher levies on dozens of other countries

Economics

2 w. ago Donald Trump insists US 'going to boom' from tariffs despite stock market plunge

US President Donald Trump revealed a raft of tariffs on Wednesday causing stock markets to plunge but he remains confident saying: "I think it's going very well"

Politics

2 w. ago Trump live updates: President says tariffs rollout ‘going very well’ despite plunging stock market

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago US stock market plunges after Trump tariffs with S&P 500 losing more than 4%

Trump slapped a 10% tariff on most US imports and much higher levies on dozens of other countries

Politics

2 w. ago US stock market plunges after Trump tariffs with S&P 500 losing nearly 4%

The S&P 500 was on track for its worst day since September 2022

Politics

4 w. ago Fox host complains that plunging stock market and recession fears are a ‘media creation’

‘The media has gone to war with President Trump to make tariffs the scariest thing in the world,’ Charles Payne fumed on Tuesday

Economics