4 d. ago Trump news at a glance: Trump pulls back on global tariffs but slaps China with 125%

Move comes after stock market turmoil; Ice chief says deportations should run ‘like Amazon Prime’ – key US politics stories from 10 April at a glanceDonald Trump announced a 90-day pause on tariffs for most countries except China, whose tariffs he raised to 125% on Wednesday.After insisting for days that he would hold firm on his aggressive trade strategy, Trump announced that all countries that had not retaliated against US tariffs would receive a reprieve – and only face a blanket US tariff of 10% – until July. Continue reading...

Politics

6 d. ago Trump news at a glance: Wild swings on global markets as Trump threatens further China tariffs

Extreme volatility has plagued global stock markets, with Donald Trump defying stark warnings about economic damage – key US politics stories from 7 April Global stock markets fell catastrophically on Monday following President Trump’s tariff rollout.Despite the economic turmoil, the US president doubled down on his plan, threatening to impose an additional 50% tariff on imports from China on Wednesday, unless the country rescinds its retaliatory tariffs on the United States by Tuesday. Continue reading...

Politics

6 d. ago China says it will not bow to US pressure after Trump threatens additional 50% tariffs – business live

Beijing vows to safeguard its interests after Trump promises steeper tariffs if China doesn’t retract planned countermeasures, as markets brace for further volatilityTrump threatens additional 50% tariffs on China over retaliatory leviesJapan’s benchmark Nikkei 225 index has now risen 3%, AFP is reporting.The uptick comes after financial markets across the globe posted a third day of losses on Monday as investors worried that steep trade barriers around the world’s largest consumer market could lead to a recession. Continue reading...

Events

6 d. ago Trump threatens extra 50% tariff on China in day of wild market swings

US president sticks with plan to ‘reset’ global trade but sends mixed signals about negotiations

Politics

6 d. ago Volatility grips global stock markets as Trump insists on tariff ‘medicine’

Wall Street swings in and out of red as turmoil from US president’s assault on world trade enters second weekTrump threatens additional 50% tariffs on China over retaliatory leviesWhich Trump-backing billionaires have lost the most?Extreme volatility plagued global stock markets on Monday, with Wall Street swinging in and out of the red as Donald Trump defied stark warnings that his global trade assault will wreak widespread economic damage, comparing new US tariffs to medicine.A renewed sell-off began in Asia, before hitting European equities and reaching the US. It was briefly reversed amid hopes of a reprieve, only for Trump to threaten China with more steep tariffs, intensifying pressure on the market. Continue reading...

Politics

6 d. 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

7 d. ago Donald Trump threatens China with '104% tariffs' with global markets in Black Monday meltdown

The White House confirmed that with previous hikes in tariffs on China, the total Beijing was now being threatened with would be 104%.

Politics

7 d. ago Donald Trump threatens China with 50% extra tariffs with global markets in Black Monday meltdown

Economic experts are already comparing Trump’s tariffs to Liz Truss’ disastrous economic policy which saw her swiftly forced to resign as Prime Minister

Politics

1 week 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

2 w. 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

2 w. 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

2 w. ago Trump news at a glance: Waltz takes fall for Signal blunder as president dismisses security threat

Signal chat including the top editor of the Atlantic causes White House chaos. Here’s your roundup of key US politics stories from 25 March 2025Donald Trump’s national security adviser, Mike Waltz, said he took full responsibility for a stunning leak of military plans in a Signal chat, while Trump intervened to defend him, saying it was “the only glitch in two months”.“I take full responsibility. I built the group. My job is to make sure everything is coordinated,” Waltz said in an interview with Fox News, in which he conceded: “it’s embarrassing”. Continue reading...

Politics

3 w. ago Trump news at a glance: reports of IRS data deal spark fears for undocumented migrant workers

Possible shift in taxpayer data use aligns with more aggressive Trump immigration policies – key US politics stories from Sunday at a glanceThe US Internal Revenue Service is reportedly nearing a deal to allow immigration officials to use tax data to support Donald Trump’s deportation agenda.Under the proposed data-sharing agreement, said to have been in negotiations for weeks, Immigration and Customs Enforcement (Ice) could hand over the names and addresses of undocumented immigrants to the IRS, raising concerns about abuse of power from the Trump administration and the erosion of privacy rights. Continue reading...

Economics