2 h. ago Trump’s 10% tariff on UK products to come into force as stock markets plunge

The FTSE 100 fell on Friday in its worst day of trading since the start of the pandemic while markets on Wall Street also tumbled.

Politics

5 h. ago Wall Street selloff caps brutal week for markets as Trump tariffs rattle investors

Slumps on S&P 500, Dow and Nasdaq cap dismal day for global indices but US president doubles down on tariff planWall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at Donald Trump’s risky bid to overhaul the global economy with sweeping US tariffs.The US president doubled down on his plan on Friday, insisting he would not back down even as the chairman of the Federal Reserve warned it would likely raise prices and slow down economic growth. Continue reading...

Economics

8 h. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers meltdown

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics

8 h. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers mayhem

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics

8 h. ago FTSE latest: UK stock markets plunge in biggest daily fall since Covid after Trump tariffs

The stock markets in the UK, France, Germany, Japan, South Korea and Australia were all falling for a second day

Politics

9 h. ago FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again – business live

Global trade war escalates as Beijing hits back against Donald Trump with new tariffs on US goodsChina retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US importsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right ...

Economics

10 h. ago Sadiq Khan assures Londoners that Trump tariffs won't hit economy hard as stock markets plunge

The Mayor of London ‘fully’ supports the Prime Minister's efforts to secure a trade deal rather than slapping retaliatory measures on the United States

Economics

14 h. ago Stock markets plunge as China announces retaliatory 34% tariffs on US goods – business live

Global trade war escalate as Beijing hits back against Donald Trump with new tariffs on US goodsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to contro...

Economics

14 h. ago FTSE latest: European stock markets plunge after China retaliates with 34% tariff on US goods

The stock markets in the UK, France, Germany, Japan, South Korea and Australia were all falling for a second day

Economics

18 h. ago Stock markets plunge further as Trump tariffs spark chaos but US president insists policy 'going well'

Trump has created huge global trade turmoil after slapping a minimum 10% tariff on most US imports and much higher levies on dozens of countries

Politics

18 h. ago IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade warBusiness live – latest updatesThe International Monetary Fund (IMF) has warned that Donald Trump’s implementation of swingeing tariffs poses a “significant risk” to the global economy, as stock markets were hit by a punishing worldwide sell-off by investors.Kristalina Georgieva, the managing director of the IMF, said it was important that the US and its trading partners avoided further escalating Trump’s trade war, while stock markets plunged on Friday as China retaliated against the tariffs. Continue reading...

Events

18 h. ago Trump tariffs live: President says Starmer ‘very happy’ with UK’s tariff after Asian markets plunge again

Donald Trump’s ‘Liberation Day’ tariffs wiped $2.4trn from S&P 500, in its biggest one-day loss since March 2020

Politics

18 h. ago FTSE 100 hits lowest level since January as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcementGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to control tariffs, and upset the Constitution’s ...

Events

20 h. ago Stock markets plunge further as Trump tariffs spark growing fears of global downturn

Trump has created huge global trade turmoil after slapping a minimum 10% tariff on most US imports and much higher levies on dozens of countries

Politics

23 h. ago Asian markets drop further as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcementFull report: Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsSenior senators introduced new bipartisan legislation on Thursday seeking to claw back some of Congress’s power over tariffs after Donald Trump unveiled sweeping new import taxes and rattled the global economy with sweeping new import taxes.The Trade Review Act of 2025, co-sponsored by Senator Chuck Grassley, a top Republican lawmaker from Iowa, a state heavily reliant on farm exports, and Senator Maria Cantwell, a Democrat from Washington, whose state shares a border with Canada, would require the president to notify Congress of new tariffs, and provide a justification for the action and an analysis on the potential impact on US businesses and consumers. Continue reading...

Events

27 h. ago Sweeping Trump tariffs shock global economy, drawing threats and calls for talks

Tariff hikes announced by U.S. President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer

Events

29 h. 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

30 h. 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

30 h. ago Trump gives stunning response to Wall Street bloodbath caused by his tariffs

Stock markets plunged Thursday after President Donald Trump's historic tariff announcement, sparking fears of a US  and global recession. 

Politics

30 h. 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