32 h. ago The Guardian view on Donald Trump’s industrial policy: inward turn by ultimatum | Editorial

The US is retreating behind chokepoints and tariffs. It remains determined to invent the future but is struggling to ensure its control Globalisation is out; reshoring is the new realism. Intel’s half-built Ohio campus and Nvidia’s US supercomputer plan demonstrate the very different routes taken by Joe Biden and Donald Trump in the search for homegrown tech dominance. Mr Biden relied on institutions: grants, land and investment incentives. That approach has stalled after last year’s election, rendering Intel’s plant idle. Mr Trump prefers court politics: flattery, pressure and tariff threats. Nvidia’s move seems driven less by design than executive ultimatum. Industrial strategy lives on – but, and this is a concern, increasingly through presidential menace, not policy.There’s another important message in the Nvidia announcement. In an era where ideas spread freely, power lies not in invention but in chokepoints, such as artificial intelligence supercomputer fabrication, that deter...

Events

57 h. ago European shares rebound as markets ‘regain poise’ after volatility

London’s FTSE 100 rose 170.16 points or 2.14%, to close at 8,134.34, recovering some of the losses made over recent days.

Economics

5 d. ago UK economy grows faster than expected in February as Trump tariff threat looms

The figures are a positive for Labour, but economists said growth will likely be hampered by the US trade war in the coming months.

Politics

6 d. ago Inflation fell last month as gas prices dropped sharply, a sign prices cooling before tariffs

U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats

Economics

7 d. ago London's FTSE 100 slumps again as China retaliates against Trump's tariffs

Fears of a recession escalate as US and China slug it out in hugely damaging trade war

Politics

7 d. ago Trump boasts other countries are 'kissing my ass' as his trade war tariffs hit stock markets, firms and jobs

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

Economics

7 d. 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

7 d. 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

7 d. ago London's FTSE 100 slumps again as Trump's savage tariffs come into force

Fears of a recession escalate as US and China slug it out in hugely damaging trade war

Politics

7 d. ago London's FTSE 100 opens heavily down again as Trump's tariffs come into force

Fears of a recession escalate as US and China slug it out in hugely damaging trade war

Politics

7 d. ago Companies’ rush to promise new US factories threatened by Trump tariff chaos

New plants will take years to build and executives are wary of committing while trade policy is unclear

Events

7 d. 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 d. 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

8 d. ago London's FTSE 100 jumps in early trading despite Trump tariff threats

Less panicky day’s trading came amid wars of words over tariffs between Washington and Beijing

Politics

8 d. ago UK stocks rise in early trading after days of turmoil triggered by Trump tariffs

London's FTSE 100 was up more than 1 per cent in the first few minutes of trading, after several days of heavy losses.

Politics

8 d. ago China vows to ‘fight to the end’ against latest Trump tariff threat

Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies loomsTariff market reaction –live updatesChina’s government says it will “fight to the end” if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to China’s retaliatory measures.On Tuesday, China’s commerce ministry accused the US of “blackmail” and said the US president’s threats of additional 50% tariffs if Beijing did not reverse its own 34% reciprocal tariff were a “mistake on top of a mistake”. Continue reading...

Politics

8 d. ago China vows ‘fight to the end’ after Trump threatens extra 50% tariff

Beijing and Washington swap warnings of additional trade retaliation as markets rebound in Asia

Politics

8 d. ago Trump news at a glance: Wild swings on global markets as Trump threatens further China tariffs

Extreme volatility has plagued global stock markets, with Donald Trump defying stark warnings about economic damage – key US politics stories from 7 April Global stock markets fell catastrophically on Monday following President Trump’s tariff rollout.Despite the economic turmoil, the US president doubled down on his plan, threatening to impose an additional 50% tariff on imports from China on Wednesday, unless the country rescinds its retaliatory tariffs on the United States by Tuesday. Continue reading...

Politics

9 d. ago Trump threatens extra 50% tariff on China in day of wild market swings

US president sticks with plan to ‘reset’ global trade but sends mixed signals about negotiations

Politics

9 d. ago Roller coaster US stock markets fall heavily again amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Economics