7 h. ago US stock markets tumble as investors shaken by Trump tariffs

Dollar hits six-month low after president announces sweeping tariffs on US’s largest trade partnersTrump condemned as global markets tumble – live updatesUS stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump’s announcement of a barrage of tariffs on the country’s trading partners.All three major US index funds were down as trading started on Thursday morning. The tech-heavy Nasdaq fund was down 4.5%, while S&P 500 and the Dow dropped 3.4% and 2.7% at opening, respectively. Continue reading...

Economics

8 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

12 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

13 h. ago Trump’s tariffs will ‘clearly have economic impact’ in UK – Starmer

Prime Minister Sir Keir Starmer gathered business chiefs in No 10 for talks after Donald Trump announced sweeping global tariffs.

Economics

14 h. ago Donald Trump tariff list: What is a reciprocal tariff? What countries were on Trump's US tariff board?

Donald Trump has announced sweeping tariffs on all of the US’s trading partners, with 10 per cent set as a minimum

Politics

17 h. ago Donald Trump's 'dire' tariffs set to hit 'the most vulnerable people' the hardest

Shockwaves have been sent through the global economy after US President Donald Trump announced sweeping tariffs against countries across the globe in a move that has stunned economists

Politics

18 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

20 h. ago Trump news at a glance: sweeping tariffs announced; Musk could be nearing end of role

Trump announces ‘reciprocal’ tariffs on largest US trading partners; Elon Musk may leave government role at end of 130-day cap. Here’s your roundup of key US politics stories from 2 April 2025Donald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has dubbed “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

22 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

22 h. ago Why three major countries were conspicuously left OFF Trump's massive tariffs list

President Donald Trump announced Wednesday his decision to level sweeping economic tariffs on foreign countries across the globe, but three significant countries were not on the list.

Politics

24 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

24 h. ago Trump announces sweeping new tariffs, upending decades of US trade policy

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’Business live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

26 h. ago Trump announces tariffs with ‘liberation day’ attack on foreign countries

US President Donald Trump announced sweeping tariffs against countries around the world.

Politics

31 h. ago What time is Donald Trump's 'Liberation Day' press conference today, and what might he announce?

US president is set to announce sweeping new tariffs, which could have significant repercussions for the UK and the rest of the world

Politics

59 h. ago Trump aides draft proposal for 20% tariffs on ‘most imports’ to US as Liberation Day deadline looms: Live

Trump’s team says it is still weighing options as the president prepares to announce a sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and a global trade war

Politics

5 d. 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

5 d. ago Trump news at a glance: Vance stakes US claim for Greenland as new coalition insists it ‘belongs to us’

Vice-president and US delegation visit amid growing tension and Trump targets Smithsonian Institution – key US politics stories from 28 March 2025 JD Vance told troops in Greenland that the US has to gain control of the Arctic island to stop the threat of China and Russia as he doubled down on his criticism of Denmark, which he said has “not done a good job”.As the US vice-president toured Pituffik space base, Donald Trump reiterated his previous claims that the US needs Greenland for “world peace”. “I think Greenland understands that the United States should own it,” the US president said at a press conference at the White House on Friday. “And if Denmark and the EU don’t understand it, we have to explain it to them.” Continue reading...

Politics

5 d. ago Trump news at a glance: Vance stakes US claim for Greenland as island’s new coalition insists it ‘belongs to us’

Vice-president and US delegation visit amid growing tension and Trump targets Smithsonian Institution – key US politics stories from 28 March 2025 JD Vance told troops in Greenland that the US has to gain control of the Arctic island to stop the threat of China and Russia as he doubled down on his criticism of Denmark, which he said has “not done a good job”.As the US vice-president toured Pituffik space base, Donald Trump reiterated his previous claims that the US needs Greenland for “world peace”. “I think Greenland understands that the United States should own it,” the US president said at a press conference at the White House on Friday. “And if Denmark and the EU don’t understand it, we have to explain it to them.” Continue reading...

Politics

6 d. 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

6 d. 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