2 h. ago Trump hints at new tariffs for major industry that could send Wall Street reeling as he rips into China

DAILYMAIL.COM LIVE BLOG: President Donald Trump is hinting that new tariffs on a massive industry that could soon go into effect as he rips into China.

Politics

3 h. ago Trump to meet El Salvador’s president at White House amid backlash over deportations – US politics live

Nayib Bukele visits US amid questions over return of man wrongly deported to El Salvador; US deported 10 more people to the country at the weekendDonald Trump will meet this morning with El Salvador’s president, Nayib Bukele, at 11am ET at the White House.Referring to the cost of imprisoning the detainees in El Salvador, Trump told reporters on Sunday about Bukele:I think he’s doing a fantastic job, and he’s taking care of a lot of problems that we have that we really wouldn’t be able to take care of from a cost standpoint.He’s been amazing. We have some very bad people in that prison. People that should have never have been allowed into our country. People that murdered, drug dealers, some of the worst people on earth are in that prison. And he’s able to do that. Continue reading...

Politics

5 h. ago Trump tariffs live: President warns no country ‘off the hook’ with smartphone exemptions ‘to be short

The president said he would detail the new tariffs on chips soon, as his commerce secretary made clear that tariff exemptions for electronic goods are likely to be short-lived

Events

7 h. ago Trump tariffs live: President warns no country ‘off the hook’ and hints exemption on China

The president said he would detail the new tariffs on chips soon, not long after the White House excluded smartphones and other electronics from the ultra-high tariffs on goods from China

Events

7 h. ago Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-livedMatt Britzman, senior equity analyst at Hargreaves Lansdown, said:Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing - and at times contradictory - messages coming out of the White House. Despite the drama, European markets have taken an easing stance on US tech components as a positive in a broad-based rally this morning, with the FTSE 100 up 1.5% in early trading.This time, it’s chips, smartphones, and other tech components taking centre stage. While there were early signs on Friday night that some broad exemptions might be in play, it turns out tariffs are still very much on the table. But here’s the twist: despite the messy rollout, what’s caught investors’ attention is the news that these products won’t...

Economics

18 h. ago Tariffs live: UK suspends some tariffs to ease business tension as trade deal ‘days away’

Breakthrough between UK and the US over tariffs could be reached in the coming days

Economics

55 h. ago Trump trying to distract from tariff ‘disaster’ by deploying military to border, says lawmaker: Live

Rep. Greg Casar accused Trump of attempting to ‘shift the news off his tariff disaster’ by suddenly authorizing the military to take control of public lands along the southern border

Events

57 h. ago Tariffs live: US central bank threatens to step in as Trump still defends levies

President insists policy ‘doing really well’ despite China hiking tariffs on American goods to 125 per cent

Politics

58 h. ago Tariffs live: Trump insists policy ‘doing really well’ despite China hiking levies on American goods to 125%

Beijing will ignore further US action as ‘there is no possibility of market acceptance for US goods’ at current tariff level

Politics

59 h. ago Trump deploying military to federal border lands to ‘shift news’ from tariff ‘disaster,’ says lawmaker: Live

‘Trump wants to shift the news off his tariff economic disaster,’ says Congressman Greg Casar

Events

59 h. ago Trump deploying military to border is aimed at ‘shifting news’ from tariff ‘disaster,’ says lawmaker: Live

Rep. Greg Casar accused Trump of attempting to ‘shift the news off his tariff disaster’ by suddenly authorizing the military to take control of public lands along the southern border

Events

66 h. ago Trump live updates: U.S. markets close up ending volatile week despite China raising tariffs to 125% in retaliation

‘Going against the world will only lead to self-isolation,’ Chinese Premier Xi Jinping warns

Politics

68 h. ago Judge says Trump lawyers’ failure to explain how they plan to return wrongly deported man ‘extremely troubling’ – live

US district judge Paula Xinis demands administration identify whereabouts of Kilmar Abrego GarciaAdvocates for academic freedom are bracing for what they expect to be the next phase of the government’s effort to reshape higher education: an overhaul of the system accrediting institutions of higher learning.Donald Trump has made no secret of such plans. During the campaign, he boasted that accreditation would be his “secret weapon” against colleges and universities the right has long viewed as too progressive.We may lose a lot of materials.All of the states, we are in dire shape. We have had a reconsideration of everything with regard to what Doge [is doing].” Continue reading...

Events

69 h. ago White House says there is ‘great optimism’ in the economy despite ongoing market volatility – business live

Markets pick up slightly after earlier falls amid increasing fears of recession while White House insists Trump’s tariffs are ‘proven economic formula’US stocks fall again after rally following Trump’s shock retreat on tariffsWhat are bonds and why have they spooked Donald Trump?The 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

69 h. ago Tariffs live: White House insists countries need US markets to survive as ‘phones ringing’ to make trade deals

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

Economics

3 d. ago Trump live updates: Stock markets down again after China raises tariffs to 125% in retaliation

‘Going against the world will only lead to self-isolation,’ Chinese Premier Xi Jinping warns

Economics

3 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

3 d. ago Russian media report Trump’s envoy Steve Witkoff will meet Putin for Ukraine talks – Europe live

Kremlin is also quoted as saying the pair will talk about Ukraine and ‘may discuss Putin’s meeting with Trump’Ukrainian defence minister Rustem Umerov has offered an update on talks and commitments made in Brussels, as he posted about Germany’s declaration it would offer €11bn in further military help to Ukraine up to 2029.He said:The deliveries from in 2025 will help us defend our skies (IRIS-T systems with missiles, PATRIOT missiles) and strengthen our positions on the battlefield (Marders, Leopards, artillery systems). Thank you, Germany, for standing by our side. Together, we will ensure a just and lasting peace in Europe. Continue reading...

Politics

3 d. ago Tariffs live: China hits US with fresh levies and vows it will ‘fight to the end’ in Trump trade war

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

Events

3 d. ago Russia shows no will for peace, Ukraine’s defence minister tells allies at Brussels summit – Europe live

Rustem Umerov says Russia is ramping up production as UK’s John Healey says €21bn in new aid has been committed at meetingUkrainian defence minister Rustem Umerov has offered an update on talks and commitments made in Brussels, as he posted about Germany’s declaration it would offer €11bn in further military help to Ukraine up to 2029.He said:The deliveries from in 2025 will help us defend our skies (IRIS-T systems with missiles, PATRIOT missiles) and strengthen our positions on the battlefield (Marders, Leopards, artillery systems). Thank you, Germany, for standing by our side. Together, we will ensure a just and lasting peace in Europe. Continue reading...

Politics