6 d. ago Trump’s tariffs spark global recession fears as White House hints at trade deal with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Economics

6 d. ago Trump’s tariffs raise chances of U.S. and global recession to ‘almost 100%’, economist warns: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Events

2 w. ago MTG scooped up plummeting stocks during market chaos sparked by Trump tariffs

The Georgia congresswoman not only bought stocks last week, but also took on some of the markets’ biggest losers

Politics

2 w. ago ‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

Events

2 w. ago Nigel Farage compares turmoil of Donald Trump’s tariffs to market chaos caused by Liz Truss

Nigel Farage has compared Donald Trump with Liz Truss as he increasingly distances himself from the US president’s policies

Politics

2 w. ago Where do the tariffs stand now? Mapping Trump’s week of market chaos

The president’s week of upheaval drew to a close after he issued a 90-day pause on ‘reciprocal’ tariffs

Politics

2 w. ago ‘The damage is done’: Why the risk of global recession remains despite Trump’s tariff pause

Even with a 90-day pause on aggressive tariff hikes, leading economists say global damage has already been done thanks to ongoing uncertainty

Events

2 w. ago Petrol to fall below 130p a litre within days as Trump tariffs cause oil price to plunge

Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will benefit at the pumps.

Politics

2 w. ago Donald Trump will learn 'China will not blink' in fighting 'total war' against global tariffs

Experts believe that Donald Trump's decision could lead to a global recession unless the "deals" he's so keen to make are arranged quickly, after the stock market went into freefall following him slapping tariffs on every country in the world

Politics

2 w. ago AustralianSuper says US remains best place to invest overseas

Market chaos unleashed by tariffs has not dimmed America’s appeal, says superannuation fund CIO

Politics

2 w. ago Will Trump’s tariffs tip the world into recession? – podcast

As countries reel from the Trump tariffs, can a global recession still be avoided? Richard Partington reportsJust after midnight on Tuesday, EDT time, the wall of tariffs Donald Trump announced last week came into effect. The new system upends decades of precedent from the world’s strongest economy and has sent global markets reeling.The Guardian’s senior economics correspondent, Richard Partington, explains to Michael Safi the dynamics of a market crash and a trade war and how together they may contribute to the onset of a global recession. However, as he makes clear, the world is not yet in that worst-case scenario and steps can still be taken to minimise the risk. Continue reading...

Economics

3 w. ago Trump says US in direct talks with Iran over nuclear program as he holds Oval Office meeting with Netanyahu – US politics live

President says talks to continue on Saturday and adds he and Israeli president also discussed tariffs and Israel-Gaza warEU 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

3 w. ago Global recession fears as markets plunge on Trump’s tariff ‘medicine’

Banks warn of slowdown but president threatens to escalate trade war with China by imposing even higher import taxes

Economics

3 w. 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

3 w. 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

3 w. ago Trump tariffs live: FTSE sinks in market chaos as EU says it is ready to retaliate against US

US president describes sweeping tariffs as ‘medicine’ as billionaire Trump backer calls for pause to avert ‘economic nuclear winter’

Economics

3 w. ago BREAKING: Keir Starmer to give major speech today as Trump tariffs spark global bloodbath fears

Keir Starmer will give an address in the West Midlands this afternoon as panic grows over Donald Trump's tariffs, which experts fear will cause a global recession

Politics

3 w. ago Trump tariffs live: FTSE sinks in market chaos as fears grow US president will trigger global recession

US president describes sweeping tariffs as ‘medicine’ as billionaire who endorsed Trump calls for pause to avert ‘economic nuclear winter’

Politics

3 w. ago Global financial 'bloodbath' as Trump's tariffs spark fears of worldwide recession, Hong Kong shares have worst day for 28 years and European stock futures tank

Futures were pointing to further losses in Europe and on Wall Street, with Trump refusing to lift the levies unless foreign governments pay 'a lot of money'.

Economics

3 w. ago Minister responds to fears of global recession as Trump tariffs cause market chaos

Transport Secretary Heidi Alexander responded to a question on whether there would be a global 'bloodbath' with Donald Trump's tariffs causing a worldwide recession

Politics