46 m. ago China says it will ‘fight to the end’ after Trump threatens additional 50% tariffs – business live

Beijing says US threat to escalate tariffs against China is a ‘mistake on top of a mistake’ and amounts to blackmailTrump threatens additional 50% tariffs on China over retaliatory leviesSouth Korea’s government has approved Tuesday 3 June as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his declaration of martial law.The move comes after Yoon’s removal after the country’s constitutional court voted unanimously on Friday to uphold parliament’s decision to impeach him over his ill-fated declaration of martial law in December. Continue reading...

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49 m. 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

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2 h. ago US supreme court allows deportations under 18th century law with limits

In 5-4 ruling, court laid down terms for invoking Alien Enemies Act, stating any challenges to law must take place in TexasDonald Trump may continue using a 1798 law to deport alleged gang members to Venezuela, the supreme court ruled on Monday, however it will apply certain limits. Any challenges to the wartime law, called the Alien Enemies Act, must take place in Texas, where the migrants were held, and not in Washington DC, the court said.In a 5-4 ruling, the court granted the Trump administration’s request to lift a Washington DC-based judge’s order temporarily blocking the deportations. Continue reading...

Events

2 h. ago Trump escalates battle with China: Trillions more are wiped off shares as the Donald threatens Beijing with more than 100% tariffs

Stocks plunged for a third day, yet the US President took aim at Beijing, which said it would impose its own 34 per cent levy on imports of American goods as a retaliatory measure to last week's tolls.

Events

2 h. ago Belgian prince loses legal battle to receive social security benefits on top of royal allowance

Prince Laurent had argued that his work entitled him to the same benefits as independent entrepreneurs but a court in Brussels disagreedA Belgian prince has lost a legal battle to claim social security benefits on top of his royal allowance, with a court ruling his claim – the first of its kind in the country’s nearly 200-year history – “unfounded”.Prince Laurent, the youngest of three children of the former king and queen, had argued that his work entitled him to the coverage granted to independent entrepreneurs – and that he was acting out of “principle” rather than for money. Continue reading...

Events

2 h. ago By slapping tariffs on Britain, Trump has gifted Starmer with the perfect excuse to ditch Net Zero fiasco, writes MATT RIDLEY

Sir Keir Starmer has woken up to the fact that his policies are killing one of Britain's last successful manufacturing industries, the £90-billion-a-year car industry, on which 800,000 jobs depend.

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2 h. ago China says it will not bow to US pressure after Trump threatens additional 50% tariffs – business live

Beijing vows to safeguard its interests after Trump promises steeper tariffs if China doesn’t retract planned countermeasures, as markets brace for further volatilityTrump threatens additional 50% tariffs on China over retaliatory leviesJapan’s benchmark Nikkei 225 index has now risen 3%, AFP is reporting.The uptick comes after financial markets across the globe posted a third day of losses on Monday as investors worried that steep trade barriers around the world’s largest consumer market could lead to a recession. Continue reading...

Events

2 h. ago British businesses warn they face fight to survive amid fears their revenue will be HALVED after world was plunged into 'turmoil' by Donald Trump's 'ridiculous' tariffs

Firms have told MailOnline the world is in 'turmoil' and labelled the US President's decision to impose the widespread tariffs as 'ridiculous'.

Events

3 h. ago Trump proves that a president’s word salads can move the markets

ANALYSIS: Trump said he was not considering pausing tariffs, but failed to explain the contradictions in his policy, Richard Hall writes

Politics

3 h. ago Federal grants to fight child labor worldwide are axed in DOGE cuts

The Trump administrated has canceled millions of dollars in international grants that a Department of Labor division administered to combat child labor and slave labor around the world

Politics

3 h. ago Starmer to face grilling from senior MPs amid ongoing tariff turmoil

Sir Keir Starmer will face questions from the Commons Liaison Committee, as UK businesses begin to feel the impact of US tariffs.

Politics

4 h. ago The chart that shows how clever Warren Buffett is as rival billionaires Elon Musk and Jeff Bezos reel from Trump's tariffs

Warren Buffett made some smart moves in the stock market over the last year, as he became the only billionaire among the world's richest whose net worth increased in recent days.

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4 h. 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

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4 h. ago Goldman Sachs says it will forecast recession if most of Trump’s tariffs take effect

Investment bank forecasted increased odds of a recession twice in a one-week span

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5 h. ago Nearly 20,000 serious childcare incidents including deaths occurred in England's nurseries in the past five years, figures reveal 

Nurseries made more than 4,200 reports of serious childcare incidents in 2023-24, up by 40 per cent on 2019-20, with the figures suggesting a worrying rise in child safeguarding breaches.

Events

5 h. ago Trump says he will not pause tariffs as Starmer calls for ‘cool heads’

The Prime Minister said the UK had to ‘rise together as a nation’ in the face of a new era of global instability.

Politics

5 h. ago Netanyahu discusses Gaza and tariffs with Trump at White House meeting

President says the pair had a ‘great discussion’ while prime minister says Israel will eliminate trade deficit with USThe Israeli prime minister, Benjamin Netanyahu, met with Donald Trump on Monday for the second time since the US president’s return to office, marking the first effort by a foreign leader to negotiate a deal after Trump announced sweeping tariffs last week.Speaking alongside Trump in the Oval Office, Netanyahu said Israel would eliminate the trade deficit with the US. “We intend to do it very quickly,” he told reporters, adding that he believed Israel could “serve as a model for many countries who ought to do the same”. Continue reading...

Politics

5 h. ago How actual 'fake news' sent Wall Street on a $2.4 trillion rollercoaster in just 15 minutes

Wall Street saw wild trading with the Dow Jones swinging 2,500 points between its highs and lows.

Politics

6 h. ago Trump says he is ‘not looking’ at a pause in tariffs to allow trade negotiations

Markets swing as Washington says it will kick off trade talks with Japan

Politics

6 h. ago Amazon slashes price of 'best' allergy tablet as 6,963 hay fever sufferers give it 5 stars

Allevia is a fexofenadine based allergy tablet that can be taken to provide 24-hour relief for hayfever, mould spore, dust mite and pet allergies

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