2 h. ago Donald Trump threatens China with 50% extra tariffs with global markets in Black Monday meltdown

Economic experts are already comparing Trump’s tariffs to Liz Truss’ disastrous economic policy which saw her swiftly forced to resign as Prime Minister

Politics

3 h. ago Trump threatens China with extra 50% tariffs if country fails to withdraw 34% retaliatory levies – US politics live

US president escalates trade war with China, saying all negotiations will be terminated and additional levies will take effect on WednesdayGlobal stock markets tumble over tariff ‘medicine’Wall Street falls continue – business liveWhich Trump billionaires have lost the most?EU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

4 h. ago Trump says Federal Reserve should cut rates; Canada initiates WTO dispute over car tariffs – US politics live

US economic council head denies tariffs were part of strategy to pressure Fed to cut interest rates; Canada says measures breach trade agreementsEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

26 h. ago Trump live updates: Administration defends controversial tariffs imposed on island only inhabited by penguins

‘Poor old penguins,’ the Australian trade minister said after Trump unveiled his sweeping policy

Politics

44 h. ago Musk lashes out at architect of Trump’s tariffs in first public comments about shock policy

DOGE boss says Peter Navarro being Harvard trained is a ‘bad thing, not a good thing’

Events

60 h. ago America’s Brexit? Trump’s historic gamble on tariffs has been decades in the making

Trump’s economic assault on the world stunned economists and sent stock markets into a spiral. Who will pay the price?Donald Trump’s vast overhaul of US trade policy this week has called time on an era of globalization, alarming people, governments and investors around the world. No one should have been surprised, the US president said.The announcement of 10% to 50% tariffs on US trading partners tanked stock markets after Trump unveiled a “declaration of economic independence” so drastic it drew comparison with Britain’s exit from the European Union – Brexit. Continue reading...

Politics

3 d. ago David Lammy says Trump has taken US economic policy back 100 years with ‘return to protectionism’ – UK politics live

David Lammy, foreign secretary, says UK is ‘a nation that believes in open trade’ and says government is negotiating with US over economic agreementThe official plan to increase access to NHS dental services in England has been a “complete failure”, and some of the government’s initiatives have worsened the crisis, a damning report warns, Andrew Gregory reports.David Lammy, the foreign secretary, is at the Nato HQ in Brussels this morning, where Nato foreign ministers are meeting. Speaking to the media, he said President Trump was taking US economic policy back almost a century by embracing protectionism. He said:The United Kingdom, like France, is a great maritime nation.We are a nation that believes in open trade, and I regret the return to protectionism in the United States, something that we’ve not seen for nearly a century. Continue reading...

Politics

3 d. 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

3 d. ago Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’

US president insists country is going to flourish as markets close sharply down; Republican ex-leader Mitch McConnell says tariffs are a ‘bad policy’US stock markets have worst day since Covid over Trump tariffsGlobal markets in turmoil amid Trump tariffsTrump’s chaos-inducing global tariffs, explained in chartsIn the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee. Continue reading...

Politics

3 d. ago Jesus take the tariff: Why Bibles could soon get more expensive thanks to Trump’s policy

China, where Trump’s official ‘God Bless the USA’ Bibles are printed, has been hit hard by the president’s sweeping tariffs

Politics

3 d. ago Trump denies market turmoil is a problem, claiming ‘stock is going to boom’ – US politics live

US president insists country is going to flourish as former Republican leader Mitch McConnell says tariffs are a ‘bad policy’ US stock markets tumble as investors shaken by Trump tariffsIn the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee. Continue reading...

Politics

4 d. ago Trump has abandoned the idea of diplomacy in the Middle East | Jo

The administration has proposed no realistic settlement, leaving a void for Netanyahu. This is foolishness gone wildWhen I wrote an opinion piece for the Guardian a few months ago, anticipating Donald Trump’s foreign policy regarding the Middle East, I made a big mistake.I thought that there would be diplomacy involved, even if it was ill-conceived. Instead, the complete lack of diplomatic rendering in this administration’s foreign policy is already pointing in dangerous directions, especially regarding Israel, the Palestinians, Jordan and Egypt. Saudi Arabia, the sleeping giant that’s in a key position to provide a roadmap to a fair resolution for both Israelis and Palestinians, seems to be sitting on the sidelines now. Continue reading...

Politics

4 d. ago Asian countries riven by war and disaster face some of steepest Trump tariffs

Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is ChinaBusiness live – latest updatesDeveloping nations in south-east Asia, including war-torn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by Donald Trump.Upending decades of US trade policy and threatening to unleash a global trade war, the US president announced a raft of tariffs on Wednesday that he said were designed to stop the US economy from being “cheated”. Continue reading...

Events

4 d. ago Trump announces sweeping new tariffs, upending decades of US trade policy

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’Business live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

7 d. ago Looming Trump tariff deadline sparks fresh fears of higher costs worldwide

Donald Trump’s tariff policy has sent ripples through the financial markets as investors assess what the impact will be on global trade.

Politics

8 d. ago ‘A female Donald Trump’: how Gina Rinehart is pushing the Maga message in Australia

Australia’s richest person has close ties with the US president’s ‘Trumpettes’ and has even styled her company headquarters with Maga-inspired designsListen to the first episode of our new narrative podcast series: GinaGet our breaking news email, free app or daily news podcastThe founder of a key support group for the US president has praised Gina Rinehart as a “female Donald Trump” and backed a push by the mining magnate to bring Trump’s policy ideas to Australia.Toni Holt Kramer, the president and founder of The Trumpettes USA, told Guardian Australia she had been friends with Rinehart since the first Trump presidency in 2016, describing her as an “extremely brilliant woman”. Continue reading...

Politics

9 d. ago The Signal chat exposes the administration’s incompetence – and its pecking order | Sidney Blumenthal

The discussion revealed unserious people who don’t know when to keep quiet, with Stephen Miller as the real bossOn 13 March, Donald Trump’s national security adviser, Michael Waltz, who was the policy director for two secretaries of defense and was a member of the House intelligence committee, sent a message on the commercial Signal app: “Team – establishing a principles group for coordination on Houthis, particularly for over the next 72 hours.” “The Houthis PC small group” would oversee a US air attack on the Houthis in Yemen.Despite Waltz’s extensive professional background, he misspelled “principals” as “principles” – perhaps an ordinary typo, but symptomatic of the shambles to come. Although the secretaries of defense, state and treasury, the director of national intelligence, the CIA director, the vice-president, and the president’s chief of staff were among the 18 people included, neither the chair of the joint chiefs of staff, who is a statutory member of the principals comm...

Politics

9 d. ago US Naval Academy to no longer consider race when evaluating candidates

White House detailed policy change in filing asking court to suspend appeal by group opposed to affirmative actionThe US Naval Academy has changed its policy and will no longer consider race as a factor when evaluating candidates to attend the elite military school, a practice it maintained even after the US supreme court barred civilian colleges from employing similar affirmative action policies.The Trump administration detailed the policy change in a filing on Friday asking a court to suspend an appeal lodged by a group opposed to affirmative action against a judge’s decision last year upholding the Annapolis, Maryland-based Naval Academy’s race-conscious admissions program. Continue reading...

Politics

1 week ago JD Vance says Denmark ‘has not done a good job by the people of Greenland’ – Europe live

US vice-president says Denmark has not ‘kept Greenland safe’ and this is why ‘President Trump’s policy is what it is’Making some of the Danish fears come true (8:23), it appears that US vice-president JD Vance could speak later from the Pituffik Space Base, Greenland, according to the Danish broadcaster TV2 reporting a notice from the European Broadcasting Union.The speech is expected 5.45pm GMT (6.45pm CET), according to the report. Continue reading...

Society

1 week ago Former MI6 chief and Rusi boss discuss Russia, Trump and the future of the West – how to watch our panel

The panel, chaired by world affairs editor Sam Kiley, will feature Alex Younger, former MI6 chief, and Rachel Ellehuus, director-general of RUSI, discussing global security, US foreign policy under Trump, and the future of Ukraine and Nato

Politics