2 w. ago Trump administration ordered to help return man wrongly deported to El Salvador – US politics live

Supreme court upholds earlier order that Kilmar Abrego Garcia should be released after being improperly sent to prisonChinese foreign minister Wang Yi said on Friday that “the US cannot act recklessly, and the wheel of history cannot go backwards,” referring to US tariffs on China.Reuters reports that Wang made the remarks in a meeting with the International Atomic Energy Agency’s director general Rafael Mariano Grossi in Beijing. Continue reading...

Politics

2 w. ago Trump tariff suspension only a ‘fragile pause’, says Macron, as gold soars amid market jitters – business live

Nikkei plunges 5.4% but other Asian markets see mixed results as some reverse many of historic rally’s gains after US president’s tariffs reprieveUS stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardeningThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

2 w. ago Asian markets sink as Trump admits ‘transition cost’ of tariffs – business live

Nikkei plunges 5.4% and other Asian markets reverse many of Thursday’s gains after historic rally following US president’s tariffs reprieveUS stocks fall again after rally following Trump’s shock retreat on tariffsThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

2 w. ago Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsIn the UK, shoppers stayed away from the high street in March, a situation retailers said could worsen if the economic gloom caused by Donald Trump’s tariff war hits consumer confidence.Footfall fell 5% in March to extend a downturn in February that retailers said could be attributed to a recent rise in inflation and pressure on pay packets since a brief revival during the January sales.Global uncertainties resulting from tariffs and a potential economic slowdown could reduce the appetite for shopping trips in the coming months. Continue reading...

Economics

2 w. ago US risky debt funds hit by historic outflows as Trump’s tariffs shake markets

Investors rush away from junk bonds and leveraged loans on rising recession fears

Economics

2 w. ago Stock markets tumble day after Trump’s tariff pause erasing most of the record gains seen Wednesday

After a day of historic gains, the markets tumbled as uncertainty reigns following Trump’s tariff plan pause

Economics

2 w. ago Trump says high tariffs may have prevented the Great Depression. History says different

In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and manufacturers from foreign competition: tariffs

Politics

2 w. 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

2 w. ago Zarb Students Embark on Global Business Immersion in London, Close Market at London Stock Exchange

Zarb Students Embark on Global Business Immersion in London, Close Market at London Stock Exchange  Hofstra University News

Economics

2 w. ago Corporate America won’t stop Trump’s tariffs. Here’s why | Alex Bronzini

Whether among executives, lobbyists or university trustees, an elite backlash to the Trump administration won’t work. It’s up to working people to resistFew historical analogies exist for Donald Trump’s newly announced tariffs. The investment bank Evercore estimates that the so-called “liberation day” announcement has raised the weighted average US tariff to 29% – its highest rate since 1900. To call it a generational action would be an understatement; my grandmother was born in 1939.These tariffs, if they remain in place, will raise prices, eliminate jobs and shrink retirements. No one will pay for them more dearly than American workers. Yet a shock to capitalism inevitably raises the question of whether, and how, capitalists will respond. Faced with Trump’s tariffs, what will the US’s business class do? Continue reading...

Politics

2 w. ago Jaguar Land Rover pauses shipments to US as Trump says impact of tariffs ‘won’t be easy’ – live

Trump’s baseline 10% tariff on all imports from many countries has begun, with higher levies on 57 trading partners to start next weekAmerica’s Brexit? Trump’s historic gamble on tariffs has been decades in the makingIsraeli prime minister Benjamin Netanyahu is expected to visit the White House on Monday to discuss recently announced tariffs with US president Donald Trump, three Israeli officials said on Saturday, according to Reuters.The impromptu visit was first reported by Axios, which said that if the visit takes place, the Israeli leader would be the first foreign leader to meet Trump in person to try to negotiate a deal to remove tariffs. Continue reading...

Politics

2 w. ago Blair tells Starmer NOT to hit back at Trump's tariffs as US stocks see biggest 2

Blair was speaking to students at King's College University in London on Friday, just days after President Trump unveiled major tariffs in possibly the biggest shake-up of world economics on record.

Politics

3 w. ago Trump live updates: Historic stock plunge after tariff announcement leaves Americans rattled

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stock markets plummeting and wiping out $6 trillion in two days

Politics

3 w. ago America’s Brexit? Trump’s historic gamble on tariffs has been decades in the making

Trump’s economic assault on the world stunned economists and sent stock markets into a spiral. Who will pay the price?Donald Trump’s vast overhaul of US trade policy this week has called time on an era of globalization, alarming people, governments and investors around the world. No one should have been surprised, the US president said.The announcement of 10% to 50% tariffs on US trading partners tanked stock markets after Trump unveiled a “declaration of economic independence” so drastic it drew comparison with Britain’s exit from the European Union – Brexit. Continue reading...

Politics

3 w. ago Historic stock plunge leaves Americans rattled after Trump tariff announcement: Live updates

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stock markets plummeting and wiping out $6 trillion in two days

Politics

3 w. ago Historic stock plunge after Trump tariff announcement leaves Americans rattled: Live updates

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stock markets plummeting and wiping out $6 trillion in two days

Politics

3 w. ago Stock market closes week in bloodbath as Trump’s tariffs cause historic two

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

3 w. ago Dow Jones has lost 2,000 points on Friday as stock bloodbath continues in wake of Trump’s tariffs

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

3 w. ago Stock markets continue to fall as fears over Trump’s trade war dragging down the economy fuel sell

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

3 w. ago Stock markets expected to continue plunge as investors fear impact of Trump’s tariffs and China’s response

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Economics