47 m. ago Labour MP on Trump Tariffs: Britain needs to "keep calm and carry on"

Veteran and MP Mike Tapp commended Keir Starmer’s “statesman-like approach” to handling Trump’s tariffs

Politics

55 m. ago Sir Keir Starmer says trade war with Trump would be 'bad for working people'

President Donald Trump slapped a 10% tariff on exports to the US during his 'liberation day' announcement

Politics

74 m. ago Will Trump’s tariffs ignite a global trade war? Today in Focus Extra – podcast

Donald Trump has introduced eye-watering tariffs on countries around the world. Will they ‘make America wealthy again’? Richard Partington reportsDonald Trump is on a mission to ‘make America wealthy again’. Speaking outside the White House, he said for too long the country had been ‘looted, pillaged, raped and plundered by nations near and far, both friend and foe alike’. Now that would come to an end, he said, as he slapped eye-watering tariffs on countries around the world.The Guardian’s senior economics correspondent, Richard Partington, explains why Trump has taken such action and how it could affect the global economy. ‘It could come at huge costs to consumers,’ he says, as markets around the world react with confusion. With prices in the US also likely to rise, will voters soon rue what the president has called ‘liberation day’? Continue reading...

Politics

84 m. ago UK threatens to retaliate to Trump’s tariffs and draws up 400

The government draws up a 417-page list of products to target with import taxes in retaliation against Donald Trump’s tariffs on British goods

Politics

87 m. ago US stock market plunges after Trump tariffs with S&P 500 losing nearly 4%

The S&P 500 was on track for its worst day since September 2022

Politics

93 m. ago EU leaders condemn Trump’s ‘catastrophic’ tariffs as trade war opens up

EU leaders look to take steps to counter the 20 per cent tariffs on exports to the US brought in by Donald Trump

Politics

97 m. ago Tiny landlocked country will be destroyed by Trump’s highest tariff, analyst warns

The kingdom is one of the world's poorest nations with a gross domestic product of just over $2 billion

Events

1 hour 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

1 hour ago The simple secret behind Donald Trump's dodgy tariffs 'formula' is revealed... as baffled economists pour scorn on US President's 'irrational' calculation of global trade levies

A giant chart brandished by the US President revealed how the EU was being hit by 20 per cent 'reciprocal tariffs' on all goods.

Politics

1 hour ago Trump live updates: New tariffs cause global stock markets to plunge with U.S. allies expected to retaliate

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 h. ago Stock markets plummet after Trump’s tariffs with Dow losing 1,500 points and NASDAQ targeting record

‘This is the reordering of fair trade,’ Commerce Secretary Howard Lutnick said before the stock market tanked at open

Politics

2 h. ago US stocks tank and dollar slumps as Trump tariffs hit trading

The S&P 500 was plummeting about 4% shortly after markets opened, hitting the lowest level since September.

Events

2 h. ago Why does Trump’s tariff explainer reference a paper it doesn't cite?

Yes, we checked the references

Politics

2 h. ago Cheese, wine and whiskey: How your shopping basket could be affected by Trump’s tariffs

Prices in supermarkets could be impacted as manufacturers look to recoup lost sales Stateside

Economics

2 h. ago ‘Creating chaos and crisis’: Democrats slam Trump’s sweeping tariffs as global markets tumble – live

Democrats accuse Trump of ruining US economy on purpose and note the lack of tariffs for RussiaGlobal markets react to Trump tariffs – follow liveAnalysis: Trump promised lower prices – his tariffs risk the oppositeIn the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee. Continue reading...

Politics

2 h. ago Wall Street is rocked as major stocks immediately plummet at open... with TRILLIONS wiped off economy and 401(K)s

Stock markets plunged Thursday after President Donald Trump's historic tariff announcement, sparking fears of a US  and global recession. 

Politics

2 h. ago Trump tariff reaction live: Dow Jones plunges at market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 h. ago The simple math behind Trump’s tariffs: How the White House calculated the new rates and why it’s not reciprocal at all

With the help of a large chart, the president unveiled his latest wave of tariffs on Wednesday, on what he called ‘Liberation Day’

Politics

2 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

2 h. ago Jeans, whiskey and ... cricket balls: UK ministers draw up mammoth 400

Consumer favourites like Levi's jeans, Jack Daniel's whiskey and Harley Davidson motorcycles are all in the astonishingly lengthy document.

Politics