28 m. ago Trump live: Markets see worst day since Covid after new tariffs as president teases $5m gold card featuring his face

President Trump imposes blanket tariffs on all countries, hitting China and Europe hardest

Politics

33 m. 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

2 h. ago Trump tariffs live: President teases $5m gold card for US entry which features his own face on day that stocks plunge globally

President Trump imposes blanket tariffs on all countries, hitting China and Europe hardest

Politics

5 h. ago Nominee for South Carolina's top doctor toppled by lingering COVID anger

A South Carolina Senate committee has rejected the Republican governor's nominee to be the state’s top doctor after hearings dominated by the state's response to the COVID pandemic

Science

6 h. ago Transgender student's arrest for violating Florida bathroom law is thought to be a first

A transgender college student declared “I am here to break the law” before entering a women’s restroom at the Florida State Capitol in Tallahassee and being handcuffed by police

Society

6 h. ago Pentagon launches investigation into Pete Hegseth’s use of Signal app after sensitive information leak

Defense chief and others discussed US military operations on messaging app that included journalistThe inspector general of the Department of Defense (DoD) is launching an investigation into Pentagon secretary Pete Hegseth’s use of the encrypted messaging app Signal to discuss sensitive information about military operations in Yemen.The investigation, announced on Thursday, follows a bipartisan request from the Senate armed services committee after allegations emerged that highly precise – and most likely classified – intelligence about impending US airstrikes in Yemen, including strike timing and aircraft models, had been shared in a Signal group chat that included a journalist. Continue reading...

Events

6 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

7 h. ago Trump live updates: President says tariffs rollout ‘going very well’ despite plunging stock market

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

7 h. ago Pentagon watchdog to investigate Pete Hegseth over Signal war

Defense chief and others discussed US military operations on messaging app that included journalistThe inspector general of the Department of Defense (DOD) is launching an investigation into Pentagon secretary Pete Hegseth’s use of the encrypted messaging app Signal to discuss sensitive information about military operations in Yemen.The probe, announced on Thursday, follows a bipartisan request from the Senate armed services committee after allegations emerged that highly precise – and most likely classified – intelligence about impending US airstrikes in Yemen, including strike timing and aircraft models, had been shared in a Signal group chat that included a journalist. Continue reading...

Events

11 h. ago Trump live updates: New tariffs cause global stock markets to plunge with U.S. allies expected to retaliate

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

12 h. ago Trump tariff reaction live: Dow Jones plunges at market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

13 h. ago Trump’s ‘idiotic’ and flawed tariff calculations stun economists

‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarrayUS politics live – latest updatesUK politics live –latest updatesEurope live – latest updatesWaving a big chart as a prop in the White House Rose Garden, Donald Trump suggested his new tariff plan was simple: “Reciprocal – that means they do it to us, and we do it to them. Very simple. Can’t get simpler than that.”Perhaps a bit too simple. The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.Goods trade deficit: $291.9bnTotal goods imports: $438.9bnThose figures divided = 0.67, or 67%And halved = 34%Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the US and each of our trading partners. This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent trade from balanc...

Politics

13 h. ago Trump tariff reaction live: Wall Street braces for stock market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

15 h. ago Trump tariff reaction live: Wall Street braces for stock markets open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

16 h. ago Trump live: Apple and Tesla stocks drop in wake of ‘Liberation Day’ as Republicans defy president over tariffs

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

17 h. ago Trump live: Apple stocks tumble in response to ‘Liberation Day’ as senior Republicans speak out on tariffs

President Trump says he will impose blanket tariffs on all countries with ‘worst offenders’ including China and Europe facing much higher rates

Politics

19 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

22 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

23 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

23 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