2 h. ago Trump live updates: Supreme Court demands Maryland dad sent to El Salvador prison by mistake be returned

Kilmar Abrego Garcia removed to El Salvador despite deportation protection in ‘administrative error’

Events

3 h. 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

3 h. ago Supreme court orders Trump to return Maryland man wrongly deported to El Salvador to US – live

Justices rule in favor of Kilmar Abrego Garcia, who lived in the US legally with a work permit and was erroneously deported to El SalvadorSupreme court orders US to help return man wrongly deported to El SalvadorThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these na...

Politics

6 h. ago Tariffs live: Trump admits ‘costs’ but warns higher levies will return if countries can’t strike deals with US

European stock markets rebound slightly after Trump makes humiliating U-turn on tariffs for most countries

Events

7 h. ago Trump live updates: US stocks plunge day after historic surge in response to president’s 90

S&P 500 down five percent in midday trading, cutting into 9.5 percent surge that came on Wednesday after president paused many of his global tariffs

Politics

7 h. ago US markets close with steep losses as Trump tariffs branded ‘worst self

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

9 h. ago Tariffs live: Trump warns higher tariffs will return if countries can’t strike deals with US in 90 days

European stock markets rebound slightly after Trump makes humiliating U-turn on tariffs for most countries

Events

9 h. ago The Guardian view on the tariff war pause: the Trump trade shambles is not over | Editorial

The US president blinked first, but this is just a time-out. The threat to the global economy remains real.It was Donald Trump who blinked first. Never forget that. China is unlikely to overlook its importance. A week after launching an all-out global trade war, the US president paused significant parts of it for 90 days. Having insisted that he would stick with the random tariffs he imposed on most trading nations, Mr Trump suddenly decreed that he would reduce most of them to 10%. It was a major humiliation.Yet 10% is still a significant tariff to bear for nations exporting to the US. This is also only a pause until July, not a withdrawal, so the uncertainty remains. And huge tariffs still remain on China (now hiked to 145%), Canada and Mexico (both 25%), as well as on all US imports of steel, aluminium and cars (also 25%). Mr Trump is now substituting a US-world conflict with a US-China one. The two largest economies in the world – which between them have generated around ha...

Politics

10 h. ago Tariffs live: Trump levies on China hit 145% as Starmer told only ‘extraordinary’ deal will let UK escape tariffs

European stock markets rebound slightly after Trump makes humiliating U-turn on tariffs for most countries

Economics

10 h. ago Trump live updates: US stocks plunge day after historic soar in response to president’s 90

S&P 500 down five percent in midday trading, cutting into 9.5 percent surge that came on Wednesday after president paused many of his global tariffs

Politics

10 h. ago US tariffs on China now 145%, as Trump’s policy branded ‘worst self

Total combines Trump’s ‘reciprocal’ tariffs of 125% and the 20% fentanyl levy, while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Politics

11 h. ago Trump signs executive order targeting weak showerheads to keep his ‘signature blond hair beautiful’: Live

President claims he has ‘to stand in the shower for 15 minutes until’ his ‘beautiful hair ... gets wet’

Politics

11 h. ago House passes budget resolution, paving way for Trump tax and spending cuts – live

Resolution adopted in a 216-214 vote, with two Republicans joining all Democrats to vote against itThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these nationwide injunctions being issued by courts across the country against Donald Trump’s illegal and unconstitutiona...

Economics

11 h. ago Former US treasury secretary slams Trump tariffs as ‘worst self

Janet Yellen, who also is a former Federal Reserve chair, says Trump’s economic policies increase likelihood of recessionRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Politics

12 h. ago Trump administration accused of ‘market manipulation’ after 90

President’s move to suspend levies sends financial markets soaring as White House and conservative allies attempt to spin climbdown as brilliant manoeuvre by master dealmaker

Politics

12 h. ago Mike Johnson presses ahead with House budget vote despite Republican opposition – live

House speaker delayed vote last night after some Republicans were reportedly threatening rebellionThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these nationwide injunctions being issued by courts across the country against Donald Trump’s illegal and unconstitutional...

Politics

13 h. ago Wall Street opens lower despite hopes that ‘well advanced’ trade talks will yield deals

Ursula von der Leyen says EU “want to give negotiations a chance”, by pausing countermeasures for 90 daysRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

13 h. ago Mike Johnson delays House budget vote after Republican rebellion threatened defeat – live

Delay is blow to House speaker as dozens of Republicans were reportedly threatening to not back voteThe House on Wednesday passed a bill restricting district court judges from issuing nationwide injunctions in a move that would vastly diminish the ability of courts to block Donald Trump’s policies, The Hill reports.Dubbed the No Rogue Rulings Act, the legislation would limit judges to providing relief only to parties directly involved in the suit. It passed in a 219-213 vote.Since President Trump has returned to office, left-leaning activists have cooperated with ideological judges who they have sought out to take their cases and weaponize nationwide injunctions to stall dozens of lawful executive actions and initiatives.These sweeping injunctions represent judicial activism at the worst.My colleagues on the other side of the aisle want you to believe that somehow these nationwide injunctions being issued by courts across the country against Donald Trump’s illegal and unconstitution...

Politics

14 h. ago ‘We are stepping up,’ UK defence secretary tells ‘coalition of the willing’ for Ukraine – Europe live

John Healey tells meeting of more than 30 countries that coalition is working on ‘putting Ukraine in the strongest possible position’We’re getting a bit more details from EU spokesperson, Olof Gill, speaking at the commission’s press briefing right now (which, notably, got delayed by almost half an hour as that von der Leyen statement was being put out).He said:We are not going to offer any greater detail at this point about what we are not saying to the Americans beyond what we have already said.We want to negotiate, we want to talk. Continue reading...

Society

14 h. ago Wall Street to fall back despite hopes that ‘well advanced’ trade talks will yield deals

Ursula von der Leyen says EU “want to give negotiations a chance”, by pausing countermeasures for 90 daysRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics