5 h. ago Loch Ness Monster hunter refuses to sell souvenirs to US tourists over Trump trade war

One brave Loch Ness Monster business owner has hit back at Donald Trump after the US President launched a wave of shocking tariffs - sparking fears of a recession in countries across the globe

Politics

29 h. ago Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession

Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plungeTed Cruz, the US senator from Texas, has warned that his fellow Republicans risk a “bloodbath” in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs cause a recession.Cruz also warned that the president’s tariffs, if they stay in place for long and are met by global retaliation on American goods, could trigger a full-blown trade war that “would destroy jobs here at home, and do real damage to the US economy”. Continue reading...

Events

35 h. ago Trump’s ‘Liberation Day’ could mean recession in the US and pain worldwide | Steven Greenhouse

The US president’s tariffs are vengeful and impetuous – and will have immense costs with no clear goalWith the huge and painful tariffs that Donald Trump announced on Thursday, “Tariff Man” is acting like a paranoid 12-year-old bully who is convinced that everyone has wronged him, and he wants revenge. But the president’s instrument of revenge – massive tariffs – is going to do serious damage to the US and global economies. Stock market investors are convinced that’s the case, with Wall Street and world stock markets losing trillions of dollars in value in recent days as a result of Trump’s obsession.The president has escalated his risky, vengeful trade war even though the US economy was in strong shape when he took office – the jobless rate was just 4.1%, inflation was below 3% and US economic growth was the strongest in the industrial world, with its stock market at record levels. So it’s unclear whether the US economy needed the shock treatment that Trump is inflicting. The price...

Politics

47 h. ago As Trump's tariffs trigger market meltdown, leading bank warns there is now a 60 per cent chance of a global recession

As the market meltdown triggered by Donald Trump's trade war accelerated, the FTSE 100 suffered its sharpest drop since the outbreak of the pandemic.

Economics

47 h. ago Cruz says Republicans face midterms ‘bloodbath’ if tariffs trigger recession

Warning from Texas senator comes as president’s trade war sends US markets into tailspin

Politics

49 h. ago US stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fears

China’s retaliation against Washington’s levies adds to sense of gloom across global markets

Economics

52 h. ago China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-offBusiness live – latest updatesUS politics live – latest updatesChina has hit back hard against Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.Beijing retaliated on Friday with punitive 34% additional tariffs on all goods imported from the US – mirroring the US decision and exacerbating a sell-off on global stock markets. Continue reading...

Politics

53 h. ago JPMorgan now predicts a 60 percent chance of a recession this year as Trump’s tariffs rock stock market

The Dow Jones fell 1,000 points at opening on Friday as investors reels from Trump’s tariff announcement

Economics

65 h. ago Donald Trump's rosy assessment of tariffs despite causing stock market chaos

Donald Trump spoke to reporters hours after plunging the stock market into havoc - sparking fears of a recession - with his raft of tariffs, including the 10% on the UK

Politics

2 d. ago Sir Keir Starmer is 'very happy' with UK tariffs, Trump says

Stock markets took a £2trillion hit yesterday after the US president slapped huge tariffs on America's trading partners, stoking widespread fears of a recession.

Politics

3 d. ago Trump gives stunning response to Wall Street bloodbath as his tariffs cause biggest stock drop since Covid crash

Wall Street was shell shocked Thursday after the biggest stock market rout since Covid/ Trump's tariffs sparked fears of a US and global recession.

Events

3 d. ago Trump gives stunning response to Wall Street bloodbath caused by his tariffs

Stock markets plunged Thursday after President Donald Trump's historic tariff announcement, sparking fears of a US  and global recession. 

Politics

3 d. ago US President Donald Trump's tariff bombshell wipes £2TRILLION off global stock markets

Financial markets have been rocked by fears President Trump's trade tariffs could lead to recessions around the world, as one expert warned of "full-scale economic warfare

Economics

3 d. ago Wall Street is rocked as major stocks immediately plummet at open... with TRILLIONS wiped off economy and 401(K)s

Stock markets plunged Thursday after President Donald Trump's historic tariff announcement, sparking fears of a US  and global recession. 

Politics

3 d. ago Will Trump’s ‘liberation day’ tariffs drag US into recession?

President’s move to rip up global trade rule book will hit an economy already losing momentum, say economists

Politics

3 d. ago FTSE 100 share prices sink after Trump tariffs announcement as analysts warn of high US recession risk

Analysts warning of ‘high risk’ US now enters recession this year after unveiling blanket global tariffs

Events

3 d. ago US stocks sink after Trump tariffs announcement as analysts warn of high recession risk

Analysts warning of ‘high risk’ US now enters recession this year after unveiling blanket global tariffs

Events

3 d. ago Trump imposes ‘Liberation Day’ tariffs on every nation as senators rebel over Canada duties: Live updates

President Trump has revealed the next phase of sweeping tariffs which sees stock markets slide as his trade war sparks recession fears

Politics

3 d. ago ‘Catastrophic for American families’: Business leaders react as Trump imposes ‘Liberation Day’ tariffs on world

Tariff announcements prompted worldwide financial anxiety and opposition from some Republicans on Capitol Hill

Politics

4 d. ago Trump’s ‘liberation day’ is here. What do his tariffs mean for Americans?

Economists fear the president’s escalating trade war could have a damaging ripple effect that drives up prices

Politics