4 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

4 h. ago Trump says Federal Reserve should cut rates; Canada initiates WTO dispute over car tariffs – US politics live

US economic council head denies tariffs were part of strategy to pressure Fed to cut interest rates; Canada says measures breach trade agreementsEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

1 week ago In numbers: Which countries will suffer most from Donald Trump’s car tariffs?

The UK’s number-one goods export to the US is cars, worth £8.3 billion in the year up to November 2024

Politics

1 week ago Starmer seeks deal with Trump to avoid trade war as ‘very concerning’ tariffs loom

The Prime Minister said he did not want a ‘trade war’ with the US but that all options remained on the table

Economics

1 week ago Trump tariffs: Britain scrambling to strike last minute deal to avoid 25% levies on car imports to US

The US president’s tariff on cars move came only hours after Britain’s budget watchdog warned the levies could force Chancellor Rachel Reeves to raise taxes or cut spending

Economics

1 week ago Trump tariffs: Reeves says UK isn't planning to retaliate 'at the moment' after US President slaps 25% levies on car imports

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending

Politics

1 week ago Donald Trump imposes 25% tariffs on car imports dealing new blow to UK and global economy

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending

Economics

2 w. ago Stock market today: Asian shares are mostly higher after advance on Wall Street

Asian shares are mostly higher following an advance on Wall Street after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

Politics

3 w. ago 'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

The Federal Reserve and its chair, Jerome Powell, are potentially headed to a tough spot as it prepares to meet Tuesday and Wednesday

Events