21 h. ago White House officials are quietly freaking out about Trump upcoming 'Liberation Day' tariff announcement

White House officials are increasingly alarmed ahead of Trump's April 2 'Liberation Day' tariff announcement, uncertain of its scope or targets with a series of conflicting signals from the president.

Politics

31 h. ago Italian PM calls for ‘reasoned’ approach to escalating tariff war between EU and US

Giorgia Meloni says it is her responsibility to defend transatlantic unity in face of looming US levies Italy’s prime minister, Giorgia Meloni, has called for a “reasoned” approach to an escalating tariff war between the EU and the US and repeated the importance of transatlantic unity.The US president, Donald Trump, has announced sweeping tariffs on his country’s allies and adversaries, including a 25% levy on car imports starting next week, and a 200% tariff on champagne, wine and other alcoholic drinks from the EU. Continue reading...

Events

50 h. ago Judge blocks Trump’s move to dismantle consumer protection watchdog – US politics live

President had targeted Consumer Financial Protection Bureau (CFPB) for mass terminationsCanadian prime minister Mark Carney and Donald Trump’s first phone call will take place this morning, a source with knowledge of the matter has told Radio-Canada.It will be their first conversation as leaders and comes days after Trump announced plans to impose sweeping 25% tariffs on cars from overseas, a move Carney condemned as a “direct attack” on Canadian workers. Trump later threatened further tariffs if the EU worked with Canada “in order to do economic harm to the USA”. Carney said:We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together.I’m available for a call, but you know, we’re going to talk on our terms as a sovereign country, not as what he pretends we are. Continue reading...

Politics

53 h. ago Another top US law firm strikes deal with Trump to avoid being targeted – US politics live

Law firm criticized by Elon Musk agrees to $100m in pro bono legal work for the federal government amid criticism of top law firms caving to pressureBig law firms being threatened by Trump face pressure to speak outVance Greenland visit – live updatesCanadian prime minister Mark Carney and Donald Trump’s first phone call will take place this morning, a source with knowledge of the matter has told Radio-Canada.It will be their first conversation as leaders and comes days after Trump announced plans to impose sweeping 25% tariffs on cars from overseas, a move Carney condemned as a “direct attack” on Canadian workers. Trump later threatened further tariffs if the EU worked with Canada “in order to do economic harm to the USA”. Carney said:We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together.I’m available for a call, but you know, we’re going to talk on our terms as a sovereign country, not as what he pretends we are. Conti...

Politics

56 h. ago Trump asks supreme court to lift order barring deportations under Alien Enemies Act – live

Lawyers for the administration make emergency appeal to resume deportations of Venezuelan migrants to El Salvador under wartime lawCanadian prime minister Mark Carney and Donald Trump’s first phone call will take place this morning, a source with knowledge of the matter has told Radio-Canada.It will be their first conversation as leaders and comes days after Trump announced plans to impose sweeping 25% tariffs on cars from overseas, a move Carney condemned as a “direct attack” on Canadian workers. Trump later threatened further tariffs if the EU worked with Canada “in order to do economic harm to the USA”. Carney said:We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together.I’m available for a call, but you know, we’re going to talk on our terms as a sovereign country, not as what he pretends we are. Continue reading...

Politics

57 h. ago Another law firm targeted by Trump sues to block punishing executive order – live

Law firm Jenner & Block sues Trump administration seeking to block executive order that would halt the firm’s business with the government and revoke security clearancesCanadian prime minister Mark Carney and Donald Trump’s first phone call will take place this morning, a source with knowledge of the matter has told Radio-Canada.It will be their first conversation as leaders and comes days after Trump announced plans to impose sweeping 25% tariffs on cars from overseas, a move Carney condemned as a “direct attack” on Canadian workers. Trump later threatened further tariffs if the EU worked with Canada “in order to do economic harm to the USA”. Carney said:We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together.I’m available for a call, but you know, we’re going to talk on our terms as a sovereign country, not as what he pretends we are. Continue reading...

Politics

65 h. ago Tesla’s UK subsidies under scrutiny after Trump announces car tariffs

Tesla has benefited from £188m in UK taxpayer subsidies in nine years

Events

3 d. ago US allies worldwide decry Trump’s car tariffs and threaten retaliation

Friendly countries around the globe join China in insisting import taxes are harmful to all, including WashingtonGovernments from Tokyo to Berlin and Ottawa to Paris have voiced sharp criticism of Donald Trump’s sweeping tariffs on car imports, with several of the US’s staunchest long-term allies threatening retaliatory action.Trump announced on Wednesday that he would impose a 25% tariff on cars and car parts shipped to the US from 3 April in a move experts have predicted is likely to depress production, drive up prices and fuel a global trade war. Continue reading...

Politics

3 d. ago Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception

Automaker stocks slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports

Politics

3 d. ago UK not planning retaliatory tariffs on US ‘at the moment’, says Chancellor

President Donald Trump has announced a 25% tariff on vehicles imported to the US will come into effect on April 2.

Politics

3 d. ago UK not planning retaliatory tariffs on US ‘at the moment’, Rachel Reeves says

President Donald Trump has announced a 25% tariff on vehicles imported to the US will come into effect on April 2.

Politics

3 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

4 d. ago Trump announces 25% tariffs on vehicle imports in fresh blow to Reeves

The US president announced that cars and light trucks imported into the US would be subject to the levy in the latest escalation of the Trump administration’s far-reaching trade war

Politics

4 d. ago Donald Trump announces new 25% tariffs on cars from overseas

President says levies will take effect on 2 April when he is expected to unveil reciprocal tariffs on other importsDonald Trump announced plans to impose sweeping 25% tariffs on cars from overseas on Wednesday, days before the US president is expected to announce wide-ranging levies on other goods from around the world.“What we’re going to be doing is a 25% tariff for all cars that are not made in the United States,” Trump said in the Oval Office. “We start off with a 2.5% base, which is what we’re at, and go to 25%.” Continue reading...

Politics

4 d. ago BREAKING: UK's economic forecast slashed to just 1% this year

The government’s tax and spending watchdog also predicted that inflation will average 3.2% this year, then fall to 2.1% in 2026 in a blow to the Chancellor Rachel Reeves

Economics

5 d. ago Chancellor Rachel Reeves hit by triple blow as outlook for growth is slashed, retail sales are falling and bosses warn the high street is dying

The hat-trick of gloomy signs about the state of the economy came as the Chancellor prepared to reveal worsening official forecasts in today's Spring Statement.

Events

5 d. ago Budget 2025 latest: Reeves dealt blow day before spring statement as Britons’ bleak view of economy revealed

The Chancellor of the Exchequer is under pressure to deliver in her spring statement

Economics

6 d. ago Trump’s hints at ‘flexibility’ on reciprocal tariffs cheers markets – business live

Rolling coverage of the latest economic and financial newsStocks have opened higher in London, lifted by those hopes that Donald Trump will show flexibility when he announces new global tariffs next month.The FTSE 100 share index is up 0.5%, or 42 points, at 8688 points, which recovers most of Friday’s losses.“There was no lack of capacity from the substations. Each substation individually can provide enough power to Heathrow.” Continue reading...

Economics

8 d. ago Rachel Reeves rules out key Spring Statement policies after further blow

Government borrowing soared past forecasts in February

Events

9 d. ago UK economic growth forecast to be cut in half in blow to Starmer and Reeves

A major downgrade to Britain’s economic growth forecast could pile further pressure on the chancellor in her spring statement

Economics