6 h. ago Trump imposes extra 100 PERCENT tariff on China: S&P suffers biggest wipeout since Liberation Day

Donald Trump has announced a 100 percent tariff on all Chinese goods.

Politics

6 h. ago Markets tumble as Trump escalates trade war with 100% tariff on China ‘over and above’ current rates

Stocks had been dropping all day after Trump announced a ‘massive increase of Tariffs on Chinese products,’ to counter the country’s new export controls on rare earth minerals

Politics

6 h. ago Trump threatens 100% China tariffs as Beijing restricts rare

President accuses China of ‘very hostile’ moves and says additional tariffs could come on 1 November ‘or sooner’Donald Trump has threatened to impose additional US tariffs of 100% on China from next month, accusing Beijing of “very hostile” moves to restrict exports of rare earths needed for American industry.Wall Street fell sharply after the US president reignited public tensions with the Chinese government, and raised the prospect of another acrimonious trade war between the world’s two largest economies. Continue reading...

Politics

6 h. ago Trump reignites trade war with threat of additional 100% tariff on China

President says measures will include export controls on software and take effect from November 1 ‘or sooner’

Events

6 h. ago Donald Trump threatens extra 100% tariff as he retaliates against China

President says measures will include export controls on software and take effect from November 1 ‘or sooner’

Politics

42 h. ago China tightens grip on rare earths export amid US trade tensions

Sweeping restrictions mark first expansion of Beijing’s jurisdiction over its materials used abroad

Events

61 h. ago IMF chief warns ‘uncertainty is the new normal’ in global economy

Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next weekBank of England warns of growing risk that AI bubble could burstGold price tops $4,000 for first time as investors seek safe havenThe head of the International Monetary Fund has issued a stark warning about the mounting risks facing the global economy, saying: “Buckle up: uncertainty is the new normal.”As finance ministers and central bankers prepare to meet in Washington for the IMF’s annual meetings next week, its managing director, Kristalina Georgieva said the world economy had shown surprising resilience in the face of Donald Trump’s trade war. Continue reading...

Events

3 d. ago Trump says there is ‘natural conflict’ with Canada during Carney visit

US president offers few concessions on tariffs after durable alliance fractured by trade war and annexation threatsDonald Trump said there is “mutual love” but “natural conflict” between the US and Canada as he hailed progress towards a trade deal but offered few concrete concessions on steep US tariffs during a visit by the Canadian prime minister, Mark Carney.Carney’s second visit to the US comes as one of the world’s most durable and amicable alliances has been fractured by Trump’s trade war and annexation threats. Among the topics up for discussion are trade and the United States-Mexico-Canada Agreement (USMCA), which is critical to Canada’s economy and is up for review next year. Continue reading...

Politics

9 d. ago Kai Trump reignites questions over the president’s family using his office for profit as she models her clothing line at the White House

President’s eldest grandchild becomes latest member of the family to launch lucrative business venture – and invite conflict of interest concerns

Politics

1 week ago Australian film producers and experts call Trump tariff proposal ‘bizarre’ and impossible to enforce

US president threatens levy on all foreign-made films, but experts point out that the industry is global and Australia is intertwined with HollywoodFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe federal government has vowed to fight a proposed 100% tariff on Australian-made films after the US president, Donald Trump, posted on his social media platform that he planned to go ahead with the huge levy “on any and all movies made outside the United States”.Industry experts have described the proposal as bizarre and virtually impossible to enforce, given the global nature of film, with production, financing and post-production often spread across several countries. Continue reading...

Politics

1 week ago Trump takes his tariff war to the movies announcing 100% levies on foreign

President Donald Trump is slapping a 100% tax on movies made outside the United States – a vague directive aimed at protecting a business that America already dominates

Politics

1 week ago Trump makes new threat of 100% tariff on any movie made outside of the US in potential hammer blow to UK film industry

Trump did not specify when or how the tariff could be enacted, but if he follows through with the threat, it would mark the first time he has imposed a levy on a service rather than a raw good.

Politics

1 week ago Trump threatens ‘100% Tariff’ on all foreign and Hollywood movies filmed outside the US: ‘Candy from a baby’

Trump blames California for ‘stolen’ U.S. movie industry as theaters still limp through recovery from Covid

Culture

1 week ago Trump renews threat of imposing steep tariffs on films made outside the US

Trump claims he’ll impose 100% tariff on ‘any and all movies’ made abroad but doesn’t give details or timelineUS politics – latest updatesDonald Trump on Monday renewed his threat of imposing steep tariffs on films made outside the United States, claiming his country’s industry has been “stolen” by others.Trump’s remarks come shortly after he threatened a slew of new tariffs to be imposed this week on branded pharmaceutical products, furniture, as well as heavy trucks respectively. Continue reading...

Politics

1 week ago ‘Candy from a baby’: Trump threatens all foreign and Hollywood movies filmed outside the US with ‘100% tariff’

Trump blames California for ‘stolen’ U.S. movie industry as theaters still limp through recovery from Covid

Culture

2 w. ago Trump slaps 100% tariff on pharmaceuticals with kitchen cabinets, furniture and heavy trucks also hit with levies

President’s latest levies risk backfiring and intensifying inflation despite his assurances the country is having ‘unbelievable success’

Politics

2 w. ago Trump announces 100% tariff on branded pharmaceutical products

The US president also unveiled levies on heavy trucks, kitchen cabinets and bathroom vanities

Politics

2 w. ago Donald Trump announces 100% tariff on branded pharmaceutical products

The US president also unveiled levies on heavy trucks, kitchen cabinets and bathroom vanities

Politics

2 w. ago If Europe keeps placating its own far right, how can it possibly stand up to Trump? | Thu Nguyen and Jannik Jansen

European leaders have been pulled to the right on migration, the climate crisis and Israel. Their weakness is undermining the democratic principles on which the EU was builtWhen Ursula von der Leyen made her pitch to become president of the European Commission back in 2019, she put the “European way” at the heart of her appeal. Under her direction, she said, Europe would be a principled power built on multilateralism, fair trade and the rules-based order, standing firm and united against authoritarianism, protectionism and the politics of zero-sum thinking.Six years on, she is again calling on Europe to “fight” for that future. But the vision is fading fast. This summer brought a cascade of negative headlines decrying Europe’s “humiliation”; it was the worst in years, if not in a century, some critics said. All pointed to the same reality: European leaders, fearing both a trade war and the loss of US support for Ukraine, had bowed to the wishlist of the Trump administration and left...

Politics

3 w. ago EU says India’s ties to Russia major stumbling block in free trade agreement talks

Brussels says New Delhi’s purchase of Russian oil and participation in Russian military exercises ‘stand in the way of closer ties’

Politics