3 h. ago Stocks tumble on Wall Street as Donald Trump’s sweeping tariffs send shockwaves through global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

7 h. ago US dollar ‘at risk of confidence crisis’ as Trump tariffs rattle global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

10 h. ago EU responds to Trump tariffs as boss hits back at US President's furious 'PATHETIC' blast

Donald Trump imposed sweeping tariffs on all imported goods entering the US in a move that most economists believe will drive prices higher for American consumers

Politics

13 h. ago EU threatens countermeasures and Asian markets plunge after Trump tariff announcement – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy after US President Trump targets allies on what he dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessThe new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

17 h. ago Asian markets plunge as world reels from Trump tariff announcement – business live

US president has announced aggressive tariffs targeting US allies on what he has dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessUS futures have fallen sharply, with the Dow Jones dropping 2.4% at around 2345 GMT, the Nasdaq index plunging 4.2%, and the broader futures index for the S&P 500 falling 3.5%. AFP reports:Wall Street has largely suffered from Trump’s various trade announcements in recent weeks.“The silver lining for investors could be that this is only a starting point for negotiations with other countries and ultimately tariff rates will come down across the board,” Northlight Asset Management’s Chris Zaccarelli wrote in a note to clients. Continue reading...

Economics

19 h. ago The Latest: Business leaders warn Trump tariffs will raise prices for US consumers

President Donald Trump has announced plans for sweeping tariffs

Events

20 h. ago Trump’s wall of tariffs is likely to raise prices and cause chaos for business

President promised liberation yet may have plunged the US into recession and the world into an economic scrambleDonald Trump is finally making good on his campaign promises to “build that wall” – but instead of steel fencing along the Mexican border, it will be constructed from tariffs, and will enclose the entire United States.In his pugnacious and typically rambling speech on the White House lawn on Wednesday, Trump set out plans for across-the-board import taxes, ranging from 10% to more than 40%. Continue reading...

Economics

20 h. ago Trump claims U.S. industry ‘reborn’ as he imposes sweeping tariffs on his highly touted ‘Liberation Day’

President falsely claims that tariffs will be paid by foreign countries even though they are paid by American importers and passed on to consumers as higher prices

Politics

27 h. ago Nintendo Switch 2: how much will games cost? Prices revealed for Mario Kart World

Nintendo Switch 2 game prices are quite eye-catching 😬

Economics

49 h. ago About a third of Americans stop buying eggs due to rising costs, study shows

Data says 34% of those in US stopped purchasing breakfast staple and won’t buy again until costs lower to $5 a cartonAs egg prices have reached record highs, about a third of American consumers have stopped buying them in response to the rising costs, a new study suggests.According to research from Clarify Capital, 34% of Americans have stopped purchasing eggs as prices for the breakfast staple are becoming less affordable. On average, these consumers say they won’t begin buying eggs again until costs come down to $5 or less for a carton. Continue reading...

Economics

56 h. ago Price increase: the areas worst affected by national council, car tax, TV licence rises of Awful April 2025

Household bills are soaring this April, with some regions facing eye-watering hikes 💸

Economics

58 h. ago Grocery price inflation edges up as food cost concerns rise among consumers

Supermarket prices are now 3.5% higher than a year ago, up from 3.3% in February, according to analysts Kantar.

Economics

61 h. ago BBC TV licence 2025: how much it now costs after price rise? Explained

TV licence fee has officially gone-up and this is what it now costs 💲

Economics

4 d. ago Trump says he ‘couldn’t care less’ if tariffs make car prices go up

Trump says tariffs on foreign-made cars would would lead to increased sales of US-made carsDonald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he “couldn’t care less” if they do.The president’s comments came as the White House prepared to impose new tariffs on a range of consumer goods on 2 April, a move that has drawn criticism from international leaders and concerns about potential price increases for consumers.Guardian staff contributed reporting Continue reading...

Politics

6 d. ago ‘Down to the wire’: inside the UK’s crunch talks with the US as it bids to avoid Trump tariffs

Ministers seek carve-out from import taxes before 2 April deadline – but critics believe they have offered too many concessionsMinisters and senior officials at every level of government are holding talks with US counterparts this weekend in a last-ditch effort to secure a carve-out from swingeing import taxes.Government sources said ministers were raising Donald Trump’s looming tariffs as the “No 1” issue in every conversation with the US. Continue reading...

Politics

6 d. ago Trump warned automakers not to raise prices after his tariffs and be happy how ‘great’ they are

Trump reportedly hosted a call in early March with auto CEOs before he made the 25 percent tariffs official this week

Events

7 d. ago Easter eggs: Tesco, Asda, and more raise 2025 prices on chocolate as sizes shrink

Easter egg prices are soaring, but there are still ways to save 🐣

Politics

7 d. ago Rachel Reeves defends benefit cuts and denies further tax rises likely in autumn – UK politics live

Chancellor confirmed welfare cuts of £4.8bn in spring statement, but insisted the priority was to restore stability to the public finances Nick Robinson is interviewing Rachel Reeves on the Today programme now.Q: You promised just one budget a year, but yesterday you had to announce drastic cuts. What’s gone wrong?We’re not at the moment at a position where we want to do anything to escalate these trade wars.Trade wars are no good for anyone. It will end up with higher prices for consumers, pushing up inflation after we’ve worked so hard to get a grip of inflation, and at the same time will make it harder for British companies to export. Continue reading...

Politics

7 d. ago Brazilian President Lula swipes at Trump as US imposes auto tariffs

Brazilian President Luiz Inácio Lula da Silva has swiped at U.S. President Donald Trump's decision to raise tariffs on a wide range of products

Politics

7 d. ago Stock market today: Asian shares sag after Trump raises tariffs on auto imports

Shares have sagged in Asia after President Donald Trump announced he will raise tariffs on imported cars

Politics