2 h. ago ‘Explosive' trade war tariffs spark falls in global markets but Trump claims: 'I know what the hell I'm doing'

FTSE 100 in London and Asian stock markets take another pounding with Japan’s Nikkei 225 dropping 5% as Trump’s tariffs against 60 ‘worst offender’ nations come into effect

Events

2 h. ago Trump tariffs live: China stunned by JD Vance calling its workers ‘peasants’ as 104% levy comes into force

Asian markets slump again in Wednesday’s early trade as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Politics

2 h. ago Trump's massive 104% tariff sparks 'bullying' response from China as market plunges

Donald Trump has declared a trade war on the rest of the world after his latest round of tariffs went into full effect at midnight. China has now been slapped with an eye-watering 104%

Politics

2 h. ago Global markets fall as ‘explosive' trade tariffs kick in, but Trump claims: 'I know what the hell I'm doing'

FTSE 100 in London and Asian stock markets take another pounding with Japan’s Nikkei 225 dropping 5% as Trump’s tariffs against 60 ‘worst offender’ nations come into effect

Politics

2 h. ago UK 'accelerating trade deals with rest of the world' as more Donald Trump tariffs come into force

Britain faces the lowest 10 per cent 'baseline' tariff rate and has resisted imposing immediate retaliatory action

Economics

3 h. ago Ireland’s deputy PM to meet US secretary of commerce as EU finalises first part of response to Trump’s tariffs – Europe live

Simon Harris to meet Howard Lutnick as EU member states vote on final list of €21bn of goods facing retaliatory tariffsUS president Donald Trump continues to rewrite the rules of global trade, as his sweeping tariffs take effect.Rates on imports to the United States from dozens of economies rose further from 12.01am (0401 GMT) on Wednesday, with tariffs imposed on Chinese products since Trump returned to the White House reaching a staggering 104%. The new tariffs include rates of 20% on the European Union, 26% on India and 49% on Cambodia. Continue reading...

Politics

3 h. ago Tariffs live: China stunned by JD Vance calling its workers ‘peasants’ as Trump’s 104% levy comes into force

Asian markets slump again in Wednesday’s early trade as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Politics

3 h. ago UK and EU stock markets slump as Trump’s tariffs, including 104% on China, take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with huge retaliatory tariffs on ChinaFull report: Trump unleashes new wave of tariffsDispatch: The view from Yiwu, China’s biggest wholesale marketToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Economics

4 h. ago Trump live updates: President claims tariffs ‘great’ for Republicans as trade war roils Asian markets

Beijing says it will ‘fight to the end’ as president’s 104% China tariffs take effect

Politics

4 h. ago Big Short investor reveals why Trump will win global tariff trade war as he gives brutal advice to Canada and Mexico

Eisman - whose own exploits during the 2008 market crash were chronicled in Hollywood blockbuster The Big Short - said Trump (right) could get 'pretty much what he wants' out of the tariffs.

Economics

6 h. ago Trump’s sweeping global tariffs, including 104% against China, take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with plans to hit China with huge retaliatory tariffsFull report: Trump unleashes new wave of tariffs Dispatch: The view from Yiwu, China’s biggest wholesale marketToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Economics

7 h. ago Trump tariffs live updates: President claims tariffs ‘great’ for Republicans as trade war roils Asian markets

Beijing says it will ‘fight to the end’ as president’s 104% China tariffs take effect

Politics

7 h. ago ‘I have a deficit at my grocery store’: Senator Rand Paul mocks Trump’s odd trade views

Paul calls trades ‘mutally beneficial,’ adding: ‘If you want to sell me your coat and I give your $200 for it, we both agree to it and we’re both happy with the trade.’

Politics

8 h. ago Trump trade chief says US 'running up the score' on Australia as senator slams tariff – video

During a US Senate finance committee hearing, senator from Virginia Mark Warner slams Donald Trump's 10% tariff on Australian imports, referencing the free trade agreement between the two countries and the US trade surplus with Australia. Warner labels the new tariff policy 'insulting' and 'ridiculous', calling Australia 'one of our strongest allies'. Trump's trade chief Jamieson Greer replies that 'we should be running up the score against Australia'► Subscribe to Guardian Australia on YouTubeDonald Trump flags ‘major tariff on pharmaceuticals’ as US senator criticises ‘whack’ on AustraliaAustralian stock market bounces back despite tariff threats after worst session in five yearsDonald Trump hits Australian exporters with 10% tariffs in ‘liberation day’ speech Continue reading...

Politics

8 h. ago Asian markets fall as Trump’s sweeping global tariffs, including 104% against China, due to take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with plans to hit China with huge retaliatory tariffsToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Economics

9 h. ago Trump says tariff situation ‘is great’ for midterms as markets continue to tumble

As stock markets around the world continue to drop amid fears over his attempt to blow up the world’s trade system, Donald Trump says the massive import taxes he is imposing on Americans will bring about a massive victory for his Republican Party in next year’s midterm elections.

Politics

11 h. ago Asia markets sink after US hits China with 104% tariff in trade war

China vows to ‘fight to the end’ in trade war, accusing Trump of ‘blackmail’ and ‘economic bullying’

Events

11 h. ago World bracing for market turmoil after US hits China with 104% tariffs in midnight ultimatum

China vows to ‘fight to the end’ in trade war, accusing Trump of ‘blackmail’ and ‘economic bullying’

Economics

12 h. ago White House thrown into turmoil as Elon Musk doubles down in spat with Donald Trump trade advisor

Elon Musk appears to be breaking from figures in the Trump administration, branding the president's trade advisor "a moron" over comments he made defending the Republican leader's tariff policy

Politics

14 h. ago Trump threatens 104% tariff on China as trade war escalates hours before negotiating deadline: Live updates

DAILYMAIL.COM LIVE BLOG: Meanwhile, China blasted Trump's tariffs as 'blackmail' by the United States and vowed to 'fight to the end.'

Events