68 m. ago Trump tariffs live: Asian markets open in red for second day over global trade war

Trump’s tariffs caused global markets to freefall

Politics

5 h. ago Sir Keir Starmer is 'very happy' with UK tariffs, Trump says

Stock markets took a £2trillion hit yesterday after the US president slapped huge tariffs on America's trading partners, stoking widespread fears of a recession.

Politics

6 h. ago How Donald Trump's tariffs and a trade war will hit YOU... and echo around the world as map shows Britain's business links with the US

The US President announced that all imports into the US will be subject to a minimum tariff of 10 per cent.

Events

6 h. ago French President Macron urges suspension of US investments after Trump tariffs

Macron argues European investments in America ‘should be suspended until things are clarified ‘

Politics

7 h. ago Fox host fumes about media focusing on economic ‘pain’ of Trump’s tariffs: ‘It’s mind

‘It’s the art of the deal meets the art of trade war,’ Charles Payne said during his Fox Business show on Thursday afternoon

Economics

8 h. ago Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the world’s biggest companies and heightened fears of a US recession.As world leaders reacted to the US president’s “liberation day” tariff policies demolishing the international trading order, about $2.5tn (£1.9tn) was wiped off Wall Street and share prices in other financial centres across the globe. Continue reading...

Economics

8 h. ago RICHARD LITTLEJOHN: What irony that Starmer's in the box seat for a U.S. trade deal thanks to Brexit

Donald Trump dealt Keir Starmer a gold-plated Get Out Of Jail Free card when he dropped his global tariff bomb.

Economics

8 h. ago Watch: Starmer refuses to rule out further benefit cuts after Trump’s tariffs

Sir Keir Starmer has refused to rule out a fresh round of benefit cuts ahead of the autumn Budget, with Donald Trump’s tariffs threatening to blow a hole in the UK’s public finances.

Politics

8 h. ago US stock market plunges as Trump tariffs wipe £1.5 trillion off Wall Street

Trump slapped a 10% tariff on most US imports and much higher levies on dozens of other countries

Economics

9 h. ago Starmer is right to try to maintain the dignity of the nation – and avoid provoking Trump’s irrational side

Editorial: Balancing Britain’s interests with nurturing the US-UK special relationship is going to require every ounce of clearheadedness the prime minister can muster

Politics

9 h. ago US stock market plunges after Trump tariffs with S&P 500 losing more than 4%

Trump slapped a 10% tariff on most US imports and much higher levies on dozens of other countries

Politics

10 h. ago Global markets in turmoil as Trump tariffs wipe $2tn off Wall Street

Economists say levies of 10-50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the world’s biggest companies and heightened fears of a US recession.As world leaders reacted to the US president’s “liberation day” tariff policies demolishing the international trading order, about $2tn (£1.5tn) was wiped off Wall Street and share prices in other financial centres across the globe. Continue reading...

Economics

11 h. ago Britain can retaliate or negotiate with Trump – but there is no way we can win at this game | Gaby Hinsliff

Starmer will try to calm the situation and focus on May’s local elections, but one thing is clear: our ties with Europe are more crucial than everNobody wins a trade war. You can lose it by greater or lesser degrees: you may be one of the luckier casualties. But that’s about as good as it gets. So, while there will have been initial relief in Downing Street on Wednesday night, a feeling even that Keir Starmer’s placating of Donald Trump looks vindicated, what followed was no victory lap.How could it be, after that grotesquely swaggering show trial the president staged in the White House garden, all the better to jazz up an economic assault on what were once his country’s allies? Come on down, Britain, escaping with just the minimum 10% tariff on its exports to the US and no drive-by insults! Better than Taiwan (32% plus a lecture about how the US used to build all the semiconductors once), Vietnam (“They like me, I like them” but still a brutal 46%), the EU (“very very tough traders...

Politics

11 h. ago RICHARD LITTLEJOHN: Tariffs. I'm with Trump, the most Anglophile President in our lifetime. He's thrown Starmer a lifeline he doesn't deserve

Donald Trump dealt Keir Starmer a gold-plated Get Out Of Jail Free card when he dropped his global tariff bomb.

Politics

12 h. ago Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiationsEuropean leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating an “immense difficulty for Europe”, while appealing for last-ditch negotiations to avert an all-out trade war.The French president, Emmanuel Macron, said Trump’s decision to impose tariffs was “brutal and unfounded” and appeared to call for a suspension of French investment in the US until the tariffs were clarified. Continue reading...

Politics

12 h. 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

12 h. 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

12 h. 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

13 h. 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

13 h. 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