4 d. ago Tariffs live: Global markets unstable while Trump says US ‘doing really well’ on trade policy

The share markets reacted after China lifted tariffs on US goods to 125 per cent and said it would ignore any further US levy increases in the escalating trade war

Politics

4 d. 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

5 d. ago Ursula von der Leyen says Trump’s tariffs pause is ‘important step towards stabilising global economy’ – Europe live

European Commission president floats idea of zero-for-zero tariff agreement with US, saying she hopes to achieve ‘frictionless trade’Greek prime minister Kyriakos Mitsotakis put forward a proposal for a “win-win” trade deal with the US last night, saying the EU and the US should push "for “a solution which will be mutually beneficial.”Speaking to Breitbart US, he said there was “still room for negotiations before we consider any major reciprocal response beyond what has been announced today, which, anyhow, was, the expected EU reaction.” Continue reading...

Politics

6 d. ago Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England

Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warnsTrump imposes new tariffs on dozens of partnersDramatic sell-off of US government bondsBusiness live – latest updatesDonald Trump’s sweeping tariffs have put global growth at risk, the Bank of England has warned, heaping pressure on government finances and increasing the likelihood of “severe shocks” to the financial system.The Bank’s financial policy committee (FPC) said its global risk environment had deteriorated and “uncertainty had intensified” since its last update in November, with US tariff announcements contributing to a “material increase in risks to global growth” and inflation levels. Continue reading...

Events

6 d. ago Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil

Rates on imports to US from dozens of economies rise further, with China hit by 104% tariffsBusiness live – latest updatesThe US and China are heading towards an all-out trade war, after Donald Trump unleashed a fresh wave of tariffs against dozens of partners that triggered a fresh day of stock market turmoil on Wednesday.Despite the market chaos, China’s government was unbowed, reiterating threats of further countermeasures and saying it was unwilling to fight a trade war but “will never sit idly by and watch the legitimate rights and interests of the Chinese people be damaged and deprived”. Continue reading...

Politics

6 d. ago China reportedly considering ban on Hollywood films in response to Trump tariffs

The White House has said China will be hit with a tariff rate of 104 percent from tomorrow

Politics

6 d. ago Trump’s sweeping global tariffs, including 104% against China, take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with plans to hit China with huge retaliatory tariffsFull report: Trump unleashes new wave of tariffs Dispatch: The view from Yiwu, China’s biggest wholesale marketToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Economics

6 d. ago Asian markets fall as Trump’s sweeping global tariffs, including 104% against China, due to take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with plans to hit China with huge retaliatory tariffsToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Economics

6 d. ago China reportedly considering ban on US films in response to Trump tariffs

The White House has said China will be hit with a tariff rate of 104 percent from tomorrow

Politics

7 d. ago Tariffs live: Global markets brace as US confirms China to be hit with 104% levies overnight

Trump’s total new levies could climb to 104% on Chinese goods imported into US this year

Economics

7 d. ago Donald Trump tariffs crisis LIVE: London Stock Exchange opens after global markets plunge into chaos

Donald Trump is refusing to back down on his plans for crippling tariffs around the world which have already led to huge drops in stock market prices and there is fear for more chaos to come

Events

7 d. ago Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live

US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’Trump threatens additional 50% tariffs on China over retaliatory leviesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

8 d. ago Rollercoaster day for global stock markets as BlackRock CEO says US ‘probably in recession’ – business live

Larry Fink says most CEOs he talked to agreed with assessment; US indexes see sharp ups and downs; UK index loses nearly 4.5% US politics live: Trump threatens China with additional tariffsVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

8 d. 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

8 d. ago Rollercoaster for US stock markets as tariff uncertainty puts investors on edge

Wall Street shows some recovery after initial falls as Trump’s team dismiss rumours of a 90-day pause on tariffs as ‘fake news’US Politics Live: Trump says Federal Reserve should cut ratesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

8 d. ago FTSE 100 Live 07 April: Stock market rout deepens, index down 5% and S&P 500 set for bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

8 d. ago FTSE 100 Live 07 April: Index slides 6% as stock market rout continues, S&P 500 seen in bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

8 d. ago Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concernsHong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

8 d. ago Nikkei plunges as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s stock index plummets almost 9% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last weekUS Treasury yields fell on Monday and the two-year yield sank to a multi-year low as worries of a possible recession in the world’s largest economy grew and investors wagered that could see US rates cut as early as May.The two-year US Treasury yield, which typically reflects near-term rate expectations, tumbled more than 20 basis points to its lowest level since September 2022 at 3.4350%, as investors ramped up bets of more aggressive Federal Reserve easing this year, Reuters reports. Continue reading...

Economics

8 d. ago Nikkei slumps as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei plunges more than 7% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last weekJapan’s Nikkei index has plunged more than 7%, Agence France-Presse is reporting, after having it down down 3.6% and 5% a little earlier.The fall extends last week’s 9% drop – its steepest one-week percentage decline since March 2020. Continue reading...

Economics