48 m. ago Bogus report on tariff pause briefly lifted markets before White House denied it

A bogus rumor that President Donald Trump was considering a pause in tariffs briefly lifted markets Monday before the White House shot down the unfounded reports

Economics

60 m. ago How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue | Nils Pratley

While US bosses look terrified of being labelled unpatriotic over Trump’s tariffs, stock markets are trading on guessworkVolatility grips global stock markets as Trump insists on tariff ‘medicine’What is the correct level of fall in the stock market if the US president declares economic war on the rest of the world even at the risk of causing a recession in his own country? Does 10% capture it? Or 12%, which was roughly the S&P 500 index’s three-day decline by the time the London market closed on Monday? Or 15%? How about 20%? More? A lot more?During three straight days of heavy falls in the share prices everywhere, a striking feature has been the absence of wise old market heads popping up to argue that the panic is perhaps a little overdone and fair value is emerging. Instead, the collective mood is stuck in bewildered mode for understandable reasons. Continue reading...

Economics

60 m. ago Mystery as Trump 'cancels' press conference with Netanyahu amid global tariff market meltdown: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

69 m. 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

76 m. ago Swinney demands ‘big and bold response’ from UK Government to Trump’s tariffs

The Scottish First Minister called on the UK Government to change its fiscal rules and reverse the recent rise in employer national insurance charges.

Politics

1 hour ago Trump tariffs live: FTSE dealt further blow as US president issues fresh 50% levies warning against China

US president describes sweeping tariffs as ‘medicine’ as major volatility in global markets continues

Economics

1 hour ago Trump triples down on tariffs as historic market bloodbath fuels MAGA civil war: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Events

1 hour ago Keir Starmer calls for calm in face of ‘era of global instability’ following Donald Trump’s tariffs

The Prime Minister announced fresh support for industry

Politics

1 hour ago Keir Starmer's dire warning over Donald Trump economic chaos

Keir Starmer told Jaguar Land Rover workers in Birmingham that Donald Trump's tariffs were bad news and would have a 'profound' impact across the globe - but vowed to back British workers 'to the hilt'

Events

2 h. ago Petrol car ban date confirmed by Keir Starmer amid Donald Trump tariff fallout

The Prime Minister backed the British car industry on Monday as he warned Donald Trump's tariffs will have a 'profound' impact on the global economy

Politics

2 h. ago Donald Trump threatens China with '104% tariffs' with global markets in Black Monday meltdown

The White House confirmed that with previous hikes in tariffs on China, the total Beijing was now being threatened with would be 104%.

Politics

2 h. ago UK drivers handed boost as cost of petrol set to fall by 6p a litre within weeks

It's another consequence of President Trump's 'liberation day' tariffs

Politics

2 h. ago Starmer vows to back British business ‘to the hilt’ amid Trump tariff fallout

Sir Keir Starmer hinted at further announcements to come to support British firms

Politics

2 h. ago Donald Trump threatens China with 50% extra tariffs with global markets in Black Monday meltdown

Economic experts are already comparing Trump’s tariffs to Liz Truss’ disastrous economic policy which saw her swiftly forced to resign as Prime Minister

Politics

2 h. ago World's most powerful banker breaks his silence on Trump tariffs to issue terrifying warning

Jamie Dimon issued a direct warning about President Donald Trump's tariffs. 

Events

2 h. ago Trump threatens additional tax increase on Chinese imports as markets spiral amid trade war

Trump’s latest threats come as stock markets around the globe tanked in response to his unprovoked trade war with most of the world

Events

2 h. ago Starmer vows not to raise key taxes despite hit from Trump’s tariffs

Prime minister says he will ‘seize the opportunity’ to make the economy more secure

Politics

2 h. 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 h. ago Donald Trump threatens China with even more tariffs sparking fresh trade war fears

Donald Trump has sent stock markets around the world tumbling as his sweeping - and bizarre - tariffs continue to wipe out confidence in the American economy

Events

3 h. ago Trump tariffs send shockwaves through Swiss chocolate industry ahead of Easter

Your favourite chocolate bar could become a lot more expensive

Politics