99 m. ago Cory Booker calls for insider trading hearings after Trump’s tariff backtrack

‘Not to have hearings, not to do any kind of oversight, undermines the faith we have in our government,’ senator says

Politics

4 h. ago Trump says he's prepping for 'war' with China as he takes HUGE economic gamble angering Xi Jinping

President Donald Trump gave another justification for his tariff hikes.

Politics

5 h. ago ‘Severe strain’ on tech supply chains will cause more price rises in electronics

Experts say the ongoing uncertainty around Donald Trump’s tariff policy is forcing firms to put prices up – as Sony announced PS5 price rises.

Science

10 h. ago FTSE and global markets bounce back after Trump’s tech tariff reprieve

Investors welcomed a carve-out benefiting companies such as Apple – but White House officials have downplayed the exemptions

Politics

11 h. ago FTSE 100 surges and global markets rise after Trump’s tech tariff reprieve

Investors welcomed a carve-out benefiting companies such as Apple, despite White House officials downplaying the significance of the exemptions.

Politics

11 h. ago ‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’Business live – latest updatesChina has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “the sky won’t fall”, as stock markets rose on Monday amid signs of a retreat on electronics restrictions.The world’s second-largest economy has diversified its trade away from the US in recent years, according to Lyu Daliang, a customs administration spokesperson, in comments reported by state-owned agency Xinhua. Continue reading...

Politics

12 h. ago Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-livedMatt Britzman, senior equity analyst at Hargreaves Lansdown, said:Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing - and at times contradictory - messages coming out of the White House. Despite the drama, European markets have taken an easing stance on US tech components as a positive in a broad-based rally this morning, with the FTSE 100 up 1.5% in early trading.This time, it’s chips, smartphones, and other tech components taking centre stage. While there were early signs on Friday night that some broad exemptions might be in play, it turns out tariffs are still very much on the table. But here’s the twist: despite the messy rollout, what’s caught investors’ attention is the news that these products won’t...

Economics

12 h. ago Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductors

Events

17 h. ago Donald Trump insists on NO exemptions in tariff policy for electronics

The US President declared that there would be no exemptions from the tariffs on Sunday evening, after an initial notice on Friday raised hopes that electronic gadgets from China would be spared

Politics

18 h. ago DOMINIC LAWSON: The REAL reason President Trump can't hope to match China's leader in the tariff wars and why he's far from being a master strategist

Who said of China's president Xi Jinping, 'He's a brilliant guy. He controls 1.4 billion people with an iron fist'? That was Donald Trump during the 2024 US election.

Politics

19 h. ago Donald Trump insists there will be NO tariff exemptions in dramatic u

Just days after economic experts saw a glimmer of hope among Donald Trump's raft of tariffs with a potential exemption on electronic goods, the US President has now clarified this is not the case

Politics

19 h. ago Trump warns exemptions on smartphones, electronics will be short

The US president has said no one is ‘getting off the hook’, as he promises to launch a national security investigation into the semiconductor sectorThe exemption of smartphones, laptops and other electronic products from import tariffs on China will be short-lived, top US officials have said, with Donald Trump warning that no one was “getting off the hook.”“There was no Tariff ‘exception’, Trump said in a social media post on Sunday. “These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.’” Continue reading...

Events

21 h. ago Smartphones WILL be hit by tariffs within months, Trump aide says as hopes of tariff climbdown are dashed

The US President made an extraordinary U-turn over the weekend by declaring that smartphones, computers and other electronic devices will be exempted from tariffs.

Politics

21 h. ago Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on ChinaPeople in the US: tell us how you think Trump’s first 100 days have gone so farBillionaire investor Ray Dalio said that he is worried the US will experience “something worse than a recession” as a result of Donald Trump’s trade policies.Speaking to NBC’s Meet the Press on Sunday, the 75-year-old hedge fund manager said: “I think that right now we are at a decision-making point and very close to a recession. And I’m worried about something worse than a recession if this isn’t handled well.” Continue reading...

Economics

22 h. ago Trump says there will be NO tariff exemptions in dramatic reversal that'll hit Americans hard

President Donald Trump blasted China in a social media post on Sunday where he said there were no tariff exemptions after electronics were not included in a notice on Friday.

Events

22 h. ago Companies are already adding a ‘Trump surcharge’ to bills to deal with tariff price increases

Trump’s economic approval rating has fallen since he announced blanket tariffs on most countries earlier this month

Economics

24 h. ago Majority believes the wealthy and large corporations will benefit the most from Trump’s tariff plan

Americans’ view of tariff outcomes mirror opinion of 2017 Republican tax cuts set to be extended by Congress this year

Politics

25 h. ago US stock markets expected to recover after Trump drops tariffs on mobiles

Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and NvidiaUS stock markets were expected to stage a recovery on Monday after Donald Trump excluded imports of smartphones and laptops from his tariff regime late on Friday night.Shares in Apple and chip maker Nvidia were on course to soar after tariffs on their products imported into the US were lifted for 90 days. Continue reading...

Politics

26 h. ago Billionaire hedge fund leader warns US facing something ‘worse than a recession’

US ‘very close’ to a recession after weeks of Trump tariff instability, warns Ray Dalio

Events

27 h. ago How YOU can invest like the legendary Warren Buffett: Of the world's 10 richest billionaires he's the only one who grew his fortune last week... here's how

As investors worldwide nursed huge losses in the wake of US President Trump's tariff wars last week, one escaped relatively unscathed.

Economics