4 h. ago Asian markets drop further as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcementFull report: Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsSenior senators introduced new bipartisan legislation on Thursday seeking to claw back some of Congress’s power over tariffs after Donald Trump unveiled sweeping new import taxes and rattled the global economy with sweeping new import taxes.The Trade Review Act of 2025, co-sponsored by Senator Chuck Grassley, a top Republican lawmaker from Iowa, a state heavily reliant on farm exports, and Senator Maria Cantwell, a Democrat from Washington, whose state shares a border with Canada, would require the president to notify Congress of new tariffs, and provide a justification for the action and an analysis on the potential impact on US businesses and consumers. Continue reading...

Events

9 h. 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

10 h. 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

11 h. ago Trump denies market turmoil is a problem, claiming ‘stock is going to boom’, as McConnell says tariffs ‘bad policy’

US president insists country is going to flourish as former Republican leader joins widespread criticism of Trump tariffsUS 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

12 h. ago Trump ‘is not going to back off’ from tariff policies, US commerce secretary says – live

Howard Lutnick tells CNN that US president stands by decision to impose sweeping tariffs on nations around the worldUS 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

13 h. ago Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney

Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade dealCanada will retaliate against “unjustified, unwarranted” tariffs imposed by the United States with a 25% tax on US vehicles, says Mark Carney.On Wednesday, Donald Trump announced wide-ranging tariffs on dozens of countries, but did not add new trade levies to Canada or Mexico. Despite the reprieve, however, the US has placed 25% taxes on Canadian steel, aluminum and vehicles. Continue reading...

Economics

16 h. ago ‘Creating chaos and crisis’: Democrats slam Trump’s sweeping tariffs as global markets tumble – live

Democrats accuse Trump of ruining US economy on purpose and note the lack of tariffs for RussiaGlobal markets react to Trump tariffs – follow liveAnalysis: Trump promised lower prices – his tariffs risk the oppositeIn 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

19 h. ago No new tariffs for Canada. But uncertainty causes London businesses to 'play defensively'

No new tariffs for Canada. But uncertainty causes London businesses to 'play defensively'  CBC

Economics

23 h. ago Trump imposes ‘Liberation Day’ tariffs on every nation as senators rebel over Canada duties: Live updates

President Trump has revealed the next phase of sweeping tariffs which sees stock markets slide as his trade war sparks recession fears

Politics

26 h. ago Trump’s ‘Liberation Day’ tariffs impose levies on every nation as senators rebel over Canada duties: Live updates

President reveals next phase of sweeping tariffs agenda; global markets fear escalating trade war

Politics

27 h. ago Four Republican and every Democratic senator vote to oppose Trump’s Canada tariffs in resolution

Lisa Murkowski, Mitch McConnell, Rand Paul and Susan Collins join every Democrat to oppose Trump’s tariff war

Politics

27 h. ago Four Republican and all Democratic senators vote to oppose Trump’s Canada tariffs

Lisa Murkowski, Mitch McConnell, Rand Paul and Susan Collins joined every Democrat to oppose Trump’s tariff war

Politics

30 h. ago Republicans join Democrats in Senate vote to rescind Trump Canada tariffs

Resolution that would block tariffs passes 51-48 in Senate, in vote that shows Republican unease over president’s plansSeveral Republican senators joined Democrats to pass a resolution that would block Donald Trump’s tariffs on Canada, a rare rebuke of the president’s trade policy just hours after he announced plans for sweeping import taxes on some of the country’s largest trading partners.In a 51-48 vote, four Republicans – Susan Collins of Maine, Lisa Murkowski of Alaska and both Kentucky senators, the former majority leader Mitch McConnell and Rand Paul – defied Trump’s pressure campaign and supported the measure. Democrats used a procedural maneuver to force a vote on the resolution, which would terminate the national emergency on fentanyl Trump is using to justify tariffs on Canada. Continue reading...

Politics

30 h. ago Why three major countries were conspicuously left OFF Trump's massive tariffs list

President Donald Trump announced Wednesday his decision to level sweeping economic tariffs on foreign countries across the globe, but three significant countries were not on the list.

Politics

31 h. ago Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader

Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hoursCanada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy.In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade ally Mexico. Continue reading...

Politics

36 h. ago Trump attacks four ‘disloyal’ Republicans for pushing back on Canada tariffs in late

Senators McConnell, Murkowski, Paul and Collins have indicated they will vote to terminate Trump’s national emergency

Politics

47 h. ago Murray Capital hails ‘milestone’ land sale that will lead to 1,300 new Edinburgh homes

“Family businesses like ours play a vital role in driving sustainable growth, creating jobs and investing for the long term” – David D Murray

Politics

59 h. ago Senate Republicans consider joining Democrats to oppose Trump over tariffs

Republican defections would amount to rare public rebuke as concerns mount over impact of president’s plansUS politics live – latest updatesOn the eve of Donald Trump’s so-called “liberation day” for tariffs, a handful of Senate Republicans are debating whether to defy the president and join Democrats to stop the US from imposing levies on Canadian imports.The resolution, offered by the Democratic senator Tim Kaine of Virginia, would terminate the emergency order that Trump is using to justify tariffs against Canada, citing the flow of fentanyl across the US’s northern border. The vote is largely symbolic – the House is not expected to take up the measure – but several defections would amount to a rare and notable rebuke of the president by his own party. Continue reading...

Politics

67 h. ago Trump tariffs and statehood comments about Canada stir loyalty debate about NHL great Wayne Gretzky

In Wayne Gretzky's hometown of Brantford, Ontario, and across Canada, the Great One's loyalty and legacy are being questioned at a time the nation's independence is being threatened by U.S. President Donald Trump

Politics

6 d. ago Watch: Mark Carney responds to Donald Trump’s latest Canada tariffs threat

Watch again as Canada’s prime minister Mark Carney spoke to reporters on Thursday, 27 March, after a cabinet meeting to discuss Canada's response to Donald Trump’s tariffs.

Politics