2 h. ago Trump tariffs live: 10% tariff kicks in for UK after US stocks and FTSE 100 see biggest drops since Covid

UK’s key FTSE-100 stock market suffered its worst one-day drop since the pandemic on Friday

Politics

3 h. ago Trump reveals his tariff endgame in bombshell post as Warren Buffett is forced to issue extraordinary denial

The post claimed that the president is hoping the tariffs will force the Federal Reserve to slash interest rates, allowing it to cheaply refinance trillions of dollars worth of US debt.

Events

4 h. ago Trump tariffs come into effect in ‘seismic’ shift to global trade

‘Baseline’ 10% import levy takes effect at US seaports, airports and customs warehouses on Saturday, with some higher tariffs to begin next weekUS customs agents began collecting President Donald Trump’s unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.The initial 10% “baseline” tariff took effect at US seaports, airports and customs warehouses at 12.01am ET (0401 GMT), ushering in Trump’s full rejection of the post-second world war system of mutually agreed tariff rates. Continue reading...

Politics

7 h. ago Another Republican edges away from Trump: Senator Kennedy sounds alarm on plunging market

Kennedy joins a small but growing group of Republican lawmakers getting restless over Trump levies and the market meltdown

Politics

7 h. ago Historic stock plunge leaves Americans rattled after Trump tariff announcement: Live updates

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stock markets plummeting and wiping out $6 trillion in two days

Politics

7 h. ago Historic stock plunge after Trump tariff announcement leaves Americans rattled: Live updates

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stock markets plummeting and wiping out $6 trillion in two days

Politics

10 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

13 h. ago Ted Cruz admits if Trump’s tariff gamble backfires, it could cost Republicans politically

Senator said he supported president but worries any recession could cause 2026 ‘bloodbath’ for Republicans at the ballot box

Politics

13 h. ago Stock market closes week in bloodbath as Trump’s tariffs cause historic two

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

14 h. ago Trump tariff shock rocks the markets: What happens next? This is Money podcast

Markets around the world have slumped the dollar weakened and fears mount of a global recession.

Economics

14 h. ago Dow Jones has lost 2,000 points on Friday as stock bloodbath continues in wake of Trump’s tariffs

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

15 h. ago Richard Branson pleads for Donald Trump to realise ‘mistake’ of his tariff chaos

‘Courage and self-awareness are cornerstones of true leadership – that includes acknowledging errors and making corrections,’ Virgin boss tells US president

Politics

15 h. ago JD Vance applauded Trump’s tariff announcement from the Rose Garden

Vance has a history of backpedaling past criticisms of ‘fraud’ Trump and his ideas

Politics

15 h. ago Fox News debuts amazing new spin on Trump tariffs: It’s the ‘audit that we need’

Emily Compagno declared on Friday that she is ‘grateful for a commander-in-chief’ who is willing to engage in this global trade war.

Politics

16 h. ago UK pushes back on Trump’s claim Britain is ‘happy’ with 10% tariff

Country seeks improved trade deal with US after rate applied to British imports

Politics

16 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

16 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

17 h. ago The Guardian view on Donald Trump’s tariff ultimatum: tribute for access to America’s empire | Editorial

As the White House retools US imperialism with import duties, others must resist dependency – deepening regional ties and reducing exposure to chokepointsWhen Donald Trump stood before union auto workers in the Rose Garden he declared “Liberation Day”, promising to stand up for Main Street. Whether that pledge will be fulfilled is moot. He will declare victory either way. What the US president offered was not just an economic programme, but an imperial one.Mr Trump’s logic, if it exists, lies in the 397-page report on “foreign trade barriers” he brandished on Wednesday. Its message is brutally simple: you may sell your goods to Walmart shoppers, but only if you let US cloud services hoover up your data, US media flood your screens and US tech monopolies operate on their terms – not yours. TikTok is the test case for Trump’s platform nationalism: only US firms may mine data, reap profits and rule the digital empire. Continue reading...

Politics

17 h. ago JPMorgan now predicts a 60 percent chance of a recession this year as Trump’s tariffs rock stock market

The Dow Jones fell 1,000 points at opening on Friday as investors reels from Trump’s tariff announcement

Economics

17 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