38 m. ago U.S. forecast to enter recession after Trump crashes markets with tariffs on Canada, China and Mexico: Live

President’s trade aggression causes unease after he suspends American aid for Ukraine

Economics

2 h. ago China and Canada announce reciprocal tariffs on US as Donald Trump's levies shake global markets

China announces it will impose additional tariffs of up to 15% on imports of key US farm products, including chicken, pork, soy and beef

Politics

2 h. ago The goods hit first by Trump’s tariffs on Mexico, Canada and China

Imports from Canada and Mexico will be taxed at 25 percent while levies on Chinese products will increase to 20 percent

Politics

3 h. ago US tariffs on Canada and Mexico kick take effect, as China takes aim at US farm exports

President Donald Trump’s long-threatened tariffs against Canada and Mexico have gone into effect, kicking off a trade war with America's neighbors

Politics

4 h. ago China and Canada retaliate after Trump trade tariffs come into effect

Markets tumble as US president’s levies against Canada, Mexico and China come into effectChina and Canada unveiled retaliatory measures against the US after Donald Trump imposed his sweeping tariffs plan at midnight US time, despite warnings it could spark an escalating trade war.US tariffs have come into force of 25% against goods from Canada and Mexico, the US’s two biggest trading partners, and 20% tariffs against China – doubling the levy on China from last month. Continue reading...

Politics

6 h. ago Trump administration briefing: Vance defends US position on Ukraine; tariffs hit Canada, Mexico and China

China and Canada retaliate after tariffs come into effect – key US politics stories from Monday at a glanceDonald Trump has paused military aid to Ukraine following his clash with the country’s president, Volodymyr Zelenskyy, last week, according to US media reports.Vance told Fox News in an interview recorded before the announcement on Monday that giving Washington an economic interest in the future of Ukraine will serve as a security guarantee for the country that Russia invaded in February 2022. “If you want real security guarantees, if you want to actually ensure that Vladimir Putin does not invade Ukraine again, the very best security guarantee is to give Americans economic upside in the future of Ukraine,” Vance said in the interview. “That is a way better security guarantee than 20,000 troops from some random country that hasn’t fought a war in 30 or 40 years,” he added. Continue reading...

Politics

7 h. ago Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs

Shares have opened lower in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President Donald Trump

Politics

20 h. ago Tariffs on Canada and Mexico to take effect but may not be at 25% Trump threatened – US politics live

Commerce secretary says president would determine whether to stick with the planned level in first indication it could changeDonald Trump’s plan to impose tariffs on Canada, Mexico and China could force American consumers to pay an average of $1,200 more per year, a prominent economic thinktank warns.An analysis from the Peterson Institute for International Economics found that the tariffs would prompt retaliation from foreign governments, harming economic growth and leading to higher import costs that would be passed on to American households. Here’s more:This past weekend, President Donald Trump announced the largest tax increase in at least a generation (since 1993 or before), with the imposition of 25 percent tariffs on most goods from Canada and Mexico (aside from Canadian energy, which faces a 10 percent tariff), alongside a 10 percent increase in tariffs on goods from China. The direct cost of these actions to the typical, or median, US household would be a tax increase of mo...

Politics

24 h. ago The car companies that could be hit by Trump’s tariffs on Canada and Mexico

Many popular pick-ups and SUVs are in the firing line

Politics

4 d. ago Stock market today: Asian shares skid, hit by AI doubts and Trump tariff hikes

Shares have retreated in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology

Politics

4 d. ago Trump signals good news for UK on tariffs as levies on Mexico, Canada to begin next week: Live

President says March 4 deadline for Canada and Mexico stands and tariffs on goods from China to double to 20%

Politics

4 d. ago Trump doubles down on huge tariffs for Canada, Mexico and China to begin March 4

President Donald Trump on Thursday promised to push ahead with plans to impose punishing tariffs on Mexico and Canada because drugs are still pouring into the U.S. from those countries.

Politics

4 d. ago Trump says tariffs for Mexico, Canada, and China to go into effect next week – live

US president blames illegal drugs from Mexico and Canada as reason for tariffs going into effect on 4 March; China to be charged an additional 10% As Donald Trump and tech billionaire Elon Musk work zealously to slash tens of billions in federal spending by axing thousands of jobs and gutting some government agencies, Musk faces mounting claims he has conflicts of interest and no oversight, legal and ethics experts say.Trump’s largest campaign donor and the world’s wealthiest man, Musk was tapped by the president to lead the so-called “department of government efficiency” (Doge) in a radical and opaque cost-cutting drive that allows him to keep control of SpaceX, Tesla and other huge companies with billions of dollars in federal contracts.We expect that today’s meeting will be the first in a series of such expert consultations that will bring us closer to overcoming the disagreements that have arisen with the American side, strengthening confidence-building measures. Continue readin...

Politics

4 d. ago US to raise tariffs on China and push ahead with Canada and Mexico levies

Donald Trump says tariffs on America’s biggest trading partners to go into effect on March 4

Politics

4 d. ago US to boost tariffs on China and push ahead with Canada and Mexico levies

Donald Trump says tariffs on America’s biggest trading partners to go into effect on March 4

Politics

6 d. ago US stocks fall as consumer confidence sinks most in four years

Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economy

Politics