23 m. 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

56 m. ago Trump says there will be NO pause on tariffs as he tears into countries 'ripping off' America: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

80 m. ago Rollercoaster day for global stock markets as BlackRock CEO says US ‘probably in recession’ – business live

Larry Fink says most CEOs he talked to agreed with assessment; US indexes see sharp ups and downs; UK index loses nearly 4.5% US politics live: Trump threatens China with additional tariffsVolatility 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

2 h. ago Mystery as Trump 'cancels' press conference with Netanyahu amid global tariff market meltdown: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

3 h. ago Trump triples down on tariffs as historic market bloodbath fuels MAGA civil war: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Events

5 h. ago Rollercoaster for US stock markets as tariff uncertainty puts investors on edge

Wall Street shows some recovery after initial falls as Trump’s team dismiss rumours of a 90-day pause on tariffs as ‘fake news’US Politics Live: Trump says Federal Reserve should cut ratesVolatility 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

6 h. ago Republican senator claims video floating killing of journalists was a ‘joke’

Oklahoma’s Markwayne Mullin downplays comments suggesting lawmakers could shoot journalists over disputesUS politics live – latest updatesThe Republican US senator and Donald Trump loyalist Markwayne Mullin has evidently sought to backtrack from comments suggesting politicians could “handle our differences” with journalists by shooting and killing them, insisting he was trying to make a joke.The Oklahoma lawmaker, a former mixed martial arts (MMA) fighter, on Saturday posted to X a video of himself at a stairway in the US Capitol building recounting the tale of the newspaper columnist Charles Kincaid. Continue reading...

Events

7 h. ago Trump won't back down on tariffs declaring there's 'no inflation' as his latest approval rating is revealed: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Economics

16 h. ago Asian share markets routed in early trading as Trump says ‘you have to take medicine’

US president tells reporters the levies are ‘medicine to fix something’ as Nikkei tumbles nearly 9% in early trading, worsening huge losses from last week’s announcementMarkets react to Trump tariffs – live updatesDonald Trump said foreign governments would have to pay “a lot of money” to lift sweeping tariffs that he characterised as “medicine,” as markets in Asia plunged in early trading on Monday.Speaking to reporters aboard Air Force One late on Sunday, the US president indicated he was not concerned about market losses that have already wiped out nearly $6tn in value from US stocks. “I don’t want anything to go down. But sometimes you have to take medicine to fix something,” he said. Continue reading...

Politics

18 h. ago Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concernsHong 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

19 h. ago Nikkei plunges as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s stock index plummets almost 9% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last weekUS Treasury yields fell on Monday and the two-year yield sank to a multi-year low as worries of a possible recession in the world’s largest economy grew and investors wagered that could see US rates cut as early as May.The two-year US Treasury yield, which typically reflects near-term rate expectations, tumbled more than 20 basis points to its lowest level since September 2022 at 3.4350%, as investors ramped up bets of more aggressive Federal Reserve easing this year, Reuters reports. Continue reading...

Economics

20 h. ago Nikkei slumps as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei plunges more than 7% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last weekJapan’s Nikkei index has plunged more than 7%, Agence France-Presse is reporting, after having it down down 3.6% and 5% a little earlier.The fall extends last week’s 9% drop – its steepest one-week percentage decline since March 2020. Continue reading...

Economics

20 h. ago Trump live updates: Stock futures down and markets expected to open lower as president doubles down on tariffs

The White House defended Trump’s tariff plans on Sunday even as stock prices continued to drop

Politics

22 h. ago Trump live updates: President heads back to D.C. to face markets crisis after day of protests across U.S.

Agriculture Secretary Brooke Rollins was forced to answer questions about why Trump’s 10 percent levies on islands occupied by penguins

Politics

28 h. ago Trump live updates: Administration defends controversial tariffs imposed on island only inhabited by penguins

‘Poor old penguins,’ the Australian trade minister said after Trump unveiled his sweeping policy

Politics

29 h. ago More than 50 countries seeking US trade talks after tariff move, says Trump adviser – live updates

Kevin Hassett claims tariffs will not have a big effect on US consumers and there will be no ‘political coercion’ over interest ratesStarmer orders economic reset amid Trump’s tariff mayhemIndonesia, Southeast Asia’s largest economy which faces a 32% tariff rate, said it will not retaliate against the levies and would instead pursue diplomacy and negotiations to find mutually beneficial solutions. Jakarta has said it would send a high-level delegation to the US for direct negotiations with the government.Cambodia asked the US government on Friday to postpone the 49% tariff rate on its products, the highest rate in Asia and second-highest globally.Vietnam’s leader To Lam and Donald Trump agreed on Friday to discuss a deal to remove tariffs (Vietnam will be subject to a 46% tariff).Brazil, which faces a 10% levy on its exports to the US, has said its “government is evaluating all possible actions to ensure reciprocity in bilateral trade, including resorting to the World Trade Organiza...

Politics

30 h. ago Trump live updates: Harris praises the ‘working people’ for ‘Hands Off’ protests against Trump and Musk

‘The voices of working people will always be louder than the unelected billionaires,’ the former vice president said

Politics

35 h. ago Era of globalisation ‘at an end’, says UK minister, as countries mull tariff responses – live updates

Darren Jones says age of ‘fast-fashion or cheap TVs’ is over and people should be prepared for tougher times to come amid market turmoilStarmer orders economic reset amid Trump’s tariff mayhemDarren Jones, chief secretary to the Treasury, was also interviewed by Sky News’ Trevor Phillips this morning. He said the UK had been “treated differently to the European Union” as a result of Brexit. As a reminder, Trump has imposed a 10% tariff on UK goods but a 20% tariff on EU goods.Asked if the lower 10% tariff imposed by the US was a “Brexit dividend”, the chief secretary to the Treasury said:It is, there’s one. I’ve struggled to find one in the past but there is one we’ve ended up with.It’s good, but what we’re not going to do is pick or trade off the United States or the European Union.People should be prepared for things to be tougher in the global economy.Globalisation has “come to an end” in the wake of the new tariffs. Asked if the era of “cheap fast-fashion or cheap TVs” was over,...

Politics

49 h. ago Trump live updates: Millions protesting at ‘Hands Off’ rally nationwide to push back on Trump and Musk agenda

Demonstrators on Saturday are calling for the Trump administration to get its ‘hands off’ Medicaid, Medicare, immigrants, and LGBTQ+ rights

Politics

50 h. ago Trump administration apologizes for telling Ukrainian refugees to leave US

Some resettled Ukrainians reportedly were told Homeland Security would terminate their legal protectionsUS protests live – latest updatesDonald Trump’s presidential administration has acknowledged and apologized after it says it accidentally informed some Ukrainian refugees fleeing their country’s invasion by Russia that they needed to leave the US because their legal status was being revoked.Some 240,000 Ukrainians have been settled in the US as part of the Uniting for Ukraine – or U4U – program launched during Joe Biden’s presidency. But according to CBS News, some resettled Ukrainians received emails this week telling them that the US Department of Homeland Security would be terminating their legal protections. Continue reading...

Politics