1 hour ago Donald Trump’s billionaire buds have lost fortunes since ‘Liberation Day’ tariff madness

Elon Musk, Mark Zuckerberg and Jeff Bezos have all seen billions lost from their net worths after shares in their global companies have plummeted since the tariff news

Politics

6 h. ago Airlines and vacation hot spots were ready for a banner year. Then Trump announced his tariffs

The stock market has been extremely volatile since Trump’s ‘Liberation Day’ tariffs announcement

Politics

12 h. ago FTSE 100 Live 09 April: Oil and pharma stocks retreat as heavy selling resumes

Fear returned to the world’s stock markets today after Donald Trump’s swingeing new “Liberation Day” tariffs came into force.

Politics

14 h. ago FTSE 100 Live 09 April: Heavy selling resumes, GSK and Astra slump on tariffs warning

Fear and panic returned to the world’s stock markets today after Donald Trump’s swingeing new “Liberation Day” tariffs came into force.

Events

15 h. ago FTSE 100 Live 09 April: Heavy selling resumes as US tariffs kick in, Brent Crude nears $60

Fear and panic returned to the world’s stock markets today after Donald Trump’s swingeing new “Liberation Day” tariffs came into force.

Society

16 h. ago FTSE 100 Live 09 April: Heavy selling resumes as US tariffs kick in, Brent Crude near $60

Fear and panic returned to the world’s stock markets today after Donald Trump’s swingeing new “Liberation Day” tariffs came into force.

Society

19 h. ago Trump trade chief says US 'running up the score' on Australia as senator slams tariff – video

During a US Senate finance committee hearing, senator from Virginia Mark Warner slams Donald Trump's 10% tariff on Australian imports, referencing the free trade agreement between the two countries and the US trade surplus with Australia. Warner labels the new tariff policy 'insulting' and 'ridiculous', calling Australia 'one of our strongest allies'. Trump's trade chief Jamieson Greer replies that 'we should be running up the score against Australia'► Subscribe to Guardian Australia on YouTubeDonald Trump flags ‘major tariff on pharmaceuticals’ as US senator criticises ‘whack’ on AustraliaAustralian stock market bounces back despite tariff threats after worst session in five yearsDonald Trump hits Australian exporters with 10% tariffs in ‘liberation day’ speech Continue reading...

Politics

30 h. ago From oil to gold: How Trump’s ‘Liberation Day’ shook the world in four charts

The impacts of Trump’s tariffs have hit economies across the world

Politics

36 h. ago From oil to Bitcoin: How Trump’s ‘Liberation Day’ shook the world in four charts

The impacts of Trump’s tariffs have hit economies across the world

Politics

36 h. ago China vows to 'fight to the end' over Trump's tariffs and accuses the US of 'making mistake on top of mistake' with its 'bullying'

China, the world's second-largest economy, responded to Trump's 'Liberation Day' tariffs last week by imposing 34% rates on US imports, directly mirroring the US President's move

Politics

53 h. ago UK drivers handed boost as cost of petrol set to fall by 6p a litre within weeks

It's another consequence of President Trump's 'liberation day' tariffs

Politics

58 h. ago Trump's tariffs could TRIPLE the price of an iPhone as Apple loses 10% of its value in one day and faces a customer boycott

The cost of a 256GB iPhone 16 Pro could soar from $1,100 (£850) to as much as $3,500 (£2,715), experts warned after the President Donald Trump's 'Liberation Day' crackdown last week.

Economics

61 h. ago FTSE 100 Live 07 April: Stock market rout deepens, index down 5% and S&P 500 set for bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

63 h. ago FTSE 100 Live 07 April: Index slides 6% as stock market rout continues, S&P 500 seen in bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

4 d. 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

4 d. 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

4 d. ago It could set the industry back 50 years: fashion braces for impact of Trump tariffs

From farmers to designers, the entire supply chain will be hit – but it is unclear what duties apply to a finished productFirst it was steel producers. Then automobiles. Now the fashion industry has been left reeling from Donald Trump’s announcement on Wednesday that he was imposing tariffs on more than 180 countries including severe levies aimed at some of fashion’s biggest manufacturing regions.Trump’s “liberation day” tariffs included a 10% duty on all imports to the US but “worst offender” countries – those with whom America has bigger trade deficits – face a higher rate. Several of these are key to fashion’s supply chains. China, where everyone from Prada to Zara outsource production, faces a 54% duty. Vietnam, where more than half of Nike’s footwear was produced last year, will be subject to a 46% tariff. Pakistan, a key manufacturer of denim items, will be hit with a 29% duty. Bangladesh, where garment manufacturing makes up to 80% of its total exports, will be subjected to 3...

Politics

4 d. ago Let's take a breath: Definitely not 'happy' Starmer embarks on diplomatic mission to talk allies out of any big retaliations over tariffs

The Prime Minister last night began a flurry of diplomatic calls designed to coordinate responses to President Trump's 'Liberation Day' announcement on tariffs

Politics

5 d. ago ALEX BRUMMER: Donald Trump's Liberation Day leaves its scars

The Wall Street Journal compares 'Liberation Day' to Richard Nixon's decision to blow up the Bretton Woods system of fixed exchange rates in 1971. The Economist calls it 'Ruination Day'.

Politics

5 d. ago From Nike to Apple: which US brands could be hit hardest by Trump tariffs and what’s at stake?

Companies with suppliers in Asian countries are likely to have to raise prices after the US president’s measuresBusiness live – latest updatesDonald Trump’s “liberation day” tariff war has so far wiped trillions off the market value of publicly traded companies, with the sweeping border taxes of up to 50% poised to wreak havoc on businesses across the world.US-based global brands from Nike to Apple have suffered some of the heaviest falls in share price and market value, as investors react to fears of price increases and a potential slowdown in consumer spending. Here, we examine some of the most exposed industries and brands. Continue reading...

Politics