58 m. ago Trump refuses to rule out recession as chaotic trade war with Canada, Mexico and China escalates: Live updates

President’s remarks follow turbulent week as markets rattled by series of aggressive tariff announcements and immediate walkbacks

Politics

2 h. ago Donald Trump in fresh clash over his plans to grab Greenland having not ruled out sending in US troops

US president has reaffirmed his interest in getting control of the island

Politics

3 h. ago Top shipping broker Clarksons says war and Trump tariff fears have hit revenues

Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight ratesBusiness live – latest updatesThe world’s biggest ship broker has warned that geopolitical turmoil from war and Donald Trump’s tearing up of US foreign policy have hurt its revenues, sending its share price tumbling by nearly a fifth on Monday.Clarksons, which is listed on London’s FTSE 250 index of mid-sized companies, said the rates charged by shipping companies had dropped since the start of 2025, hit by concerns over the impact of tariffs. Continue reading...

Events

4 h. ago Donald Trump has not treated our people with respect, says Greenland Prime Minister

US president has reaffirmed his interest in getting control of the island

Politics

4 h. ago Trump refuses to rule out recession and new Canadian PM Mark Carney vows to win trade war: Live updates

President’s remarks follow turbulent week as markets rattled by series of chaotic tariff announcements and immediate walkbacks

Politics

6 h. ago Trump declares tariffs will be ‘best thing’ US has ever done

Donald Trump declared tariffs will be the “best thing” the US has ever done, despite refusing to rule out a recession.

Politics

8 h. ago Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs

Asian stocks have had a mixed start to the week as uncertainty over what President Donald Trump will do with tariffs persists

Economics

9 h. ago Mark Carney: Canada’s new PM calls Trump tariffs ‘the greatest crisis of our lifetime’

Mark Carney, the former Bank of England governor, has been named as Canada’s new prime minister succeeding Justin Trudeau ahead of the country's general election.

Politics

13 h. ago Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld

US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growthGet our breaking news email, free app or daily news podcastUS tariff policy has dominated headlines in recent weeks. In many respects, this shouldn’t come as a surprise – President Trump has been clear in his belief in tariffs as an effective policy tool. Indeed, the new US administration views tariffs as not only a means of raising tax revenue but also as a negotiating tool and a lever to ameliorate so-called trade imbalances. So far, we have seen both the threat of tariffs and the use of tariffs to achieve all these objectives.Despite all the headlines, Australia hasn’t really been subject to large changes in tariffs on its exports to the US. The US has, however, announced a 25% tariff on all steel and aluminium imports. If Australia is not successful in obtaining an exemption, Australian steel and aluminium exports to the US will be subject to new tariff...

Politics

18 h. ago ‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

President downplays recent stock market volatility that followed his ducking and weaving over tariff policyDonald Trump on Sunday refused to rule out the possibility that the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy cause uncertainty and market turbulence.The US president predicted that his economic goals would take time and a period of transition to bear fruit. But when asked in an interview with the Fox News show Sunday Morning Futures “are you expecting a recession this year?” he demurred.Reuters contributed reporting Continue reading...

Politics

22 h. ago Trump won’t rule out US recession amid tariff trade war confusion in Fox News interview

President won’t deny recession is coming as he says US faces ‘period of transition’

Politics

23 h. ago Trump refuses to rule out recession or clarify tariffs policy in Fox interview: Live

President’s comments follow turbulent week on Wall Street over tariff uncertainty

Politics

27 h. ago EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart

UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffsForget the “Trump put”, as financial analysts called the bet that the US president’s policies would unleash a winning era for the nation’s stock markets. By Friday, the chat was of the “Merz spurt”.The decision by Friedrich Merz, the German chancellor-in-waiting, to cut a deal on ditching Germany’s debt brake – still to be confirmed by the outgoing parliament – marked a seismic shift. Continue reading...

Politics

27 h. ago Why China’s president hasn’t called Trump about US tariff trade war

The leaders of both Canada and Mexico got on the phone with the president to seek solutions - but China appears unlikely to make a similar call soon

Politics

40 h. ago HAMISH MCRAE: Donald Trump's power will be contained by financial markets

There is a pattern. Trump announces tariffs. The markets plunge. The Donald retreats.

Politics

44 h. ago Trump golf course vandalized over his Gaza ‘ethnic cleansing’ threat: Live

Turnberry, president’s Scottish golf resort in Ayrshire, was covered in red spray paint and slogans, with prized greens dug up

Politics

51 h. ago How Trump’s dizzying jerks and jolts on tariffs are ‘freezing’ US business

As the US president warns of a ‘a little short-term interruption’, businesses are struggling to make decisions amid heightened uncertaintyDonald Trump declared there to be “no room left” for a deal with Canada and Mexico this week, launching a trade war against his nation’s closest allies that he presented as an effort to protect America’s soul.Then he pulled back. It wasn’t his first feint and retreat. It probably won’t be the last. Continue reading...

Politics

57 h. ago US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending

President Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S. economy than to fix it

Economics

61 h. ago UK house prices fall by 0.1 per cent amid uncertainties over Ukraine war and Trump tariff threats

The fall comes at a worrying time for a fragile housing market that faces stamp duty hikes being introduced by Chancellor Rachel Reeves next month.

Events

65 h. ago Trump administration withdraws $400 million in contracts and grants to Columbia University: Live updates

‘For too long, Columbia has abandoned that obligation to Jewish students studying on its campus,’ Education Secretary Linda McMahon says

Economics