5 h. ago Donald Trump's top advisor insists Vladimir Putin wants 'permanent peace' in Ukraine

Donald Trump's special envoy Steve Witkoff has said that "we might be on the verge of something that would be very, very important" after trying to negotiate an end to war in Ukraine with Vladimir Putin

Politics

36 h. ago Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductors

Events

41 h. ago Donald Trump insists on NO exemptions in tariff policy for electronics

The US President declared that there would be no exemptions from the tariffs on Sunday evening, after an initial notice on Friday raised hopes that electronic gadgets from China would be spared

Politics

42 h. ago Donald Trump insists there will be NO tariff exemptions in dramatic u

Just days after economic experts saw a glimmer of hope among Donald Trump's raft of tariffs with a potential exemption on electronic goods, the US President has now clarified this is not the case

Politics

53 h. ago Global supply chains under pressure as Trump tariff uncertainties continue

Companies face rising freight costs, disrupted logistics and congested ports as trade networks reel from Trump’s policiesThe container ship was halfway across the Atlantic when Donald Trump levied tariffs on steel and aluminium imports to the US from most countries during his first term in office.At the stroke of a pen on a US presidential executive order, about £100,000 was added to the cost of one of the shipments on board, from UK advanced materials manufacturer Goodfellow, destined for a US customer. Continue reading...

Politics

3 d. ago Tariffs live: Trump insists policy ‘doing really well’ despite China hiking levies on American goods to 125%

Beijing will ignore further US action as ‘there is no possibility of market acceptance for US goods’ at current tariff level

Politics

3 d. ago China’s exporters defy US ‘paper tiger’ as Beijing invokes Mao

Stoic defiance in ‘trinket town’ echoes Beijing’s insistence that nation can prevail against Donald Trump’s tariff blitz

Politics

3 d. ago Trump insists tariff war is ‘doing really well’ as recession fears mount

S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulenceDonald Trump insisted his trade war with much of the world was “doing really well” despite mounting fears of recession and as Beijing hit back and again hiked tariffs on US exports to China.As the US president said his aggressive tariffs strategy was “moving along quickly”, a closely watched economic survey revealed that US consumer expectations for price growth had soared to a four-decade high. Continue reading...

Politics

4 d. ago White House says there is ‘great optimism’ in the economy despite ongoing market volatility – business live

Markets pick up slightly after earlier falls amid increasing fears of recession while White House insists Trump’s tariffs are ‘proven economic formula’US stocks fall again after rally following Trump’s shock retreat on tariffsWhat are bonds and why have they spooked Donald Trump?The US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

4 d. ago Tariffs live: Gold prices hit record high after Trump admits concerns over transition ‘costs’

Falling stocks across Asia follow Wall Street sell-off as US president threatens to go ahead with ‘reciprocal’ levies

Economics

4 d. ago Asian markets sink as Trump admits ‘transition cost’ of tariffs – business live

Nikkei plunges 5.4% and other Asian markets reverse many of Thursday’s gains after historic rally following US president’s tariffs reprieveUS stocks fall again after rally following Trump’s shock retreat on tariffsThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

4 d. 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

4 d. ago Supreme Court orders Maryland dad Kilmar Abrego Garcia returned to US from El Salvador prison

Trump administration officials had insisted it was impossible to bring him home, even though they admitted sending him to notorious prison was done ‘in error’

Events

5 d. ago Trump insists ‘it’s all going to work out really well’ and admits to ‘transition costs’ to get new trade deals

Markets continued to slide as president opines that the U.S. is ‘in very good shape’ and ‘doing very well’

Economics

6 d. ago Trump says ‘I know what I’m doing’ before stepping back from global tariffs

President said at National Republican Congressional Committee dinner that world leaders are ‘kissing my ass’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

6 d. ago Trump brags world leaders are ‘kissing my ass’ as tariff chaos rocks markets

President boasts at National Republican Congressional Committee dinner: ‘I know what I’m doing’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

6 d. ago Donald Trump insists 'China wants deal badly and it will happen' in social media rant

Donald Trump has posted about China after Beijing threatened to fight the president's recent Liberation Day tariffs of 34% against the nation with reciprocal measures

Politics

6 d. ago Britain cannot afford to gamble on America returning to its senses. We must urgently look elsewhere | Rafael Behr

Ministers are insisting that Trump’s regime can still be a friend. It’s a delusion and a lie Whatever Britain’s relationship with the US under Donald Trump might be, it should not be called an alliance. That word implies common goals, shared burdens and trust – a cooperative model that is not available from the White House.Trump’s warped concept of reciprocity is encapsulated in his belief that foreigners are guilty of “pillage” when they sell more goods to the US than they buy in return. The punitive levy, applied in proportion to the offending nation’s excess exports, is a “reciprocal” tariff in the president’s lexicon.Rafael Behr is a Guardian columnist Continue reading...

Politics

7 d. ago Supreme Court backs Trump over Venezuelan deportations but insists on due process: Live

Decision allows president to continue summarily deporting alleged gang members to El Salvador

Politics

7 d. ago Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live

US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’Trump threatens additional 50% tariffs on China over retaliatory leviesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics