39 m. ago Russia launches major attack on Ukraine after Trump’s criticism of Putin – Europe live

Ukrainian president Volodymyr Zelenskyy said Russia attempted to strike 741 targets with 728 drones and 13 missilesVon der Leyen also spoke about the prospects for the EU-US tariff deal after last night’s comments by Trump that a US proposal should be ready within the next two days.She said the US imposed tariffs were “unprecedented,” and insisted the bloc preferred “a negotiated solution” to avoid them in the future. Continue reading...

Politics

1 hour ago Donald Trump threatened to bomb Moscow if Putin ignored demand and attacked Ukraine

Donald Trump bragged to donors at a fundraising event while on the presidential campaign trail last year that he warned both Vladimir Putin and Xi Jinping that he was prepared to bomb Russia and China

Events

8 h. ago Australian government ‘urgently seeking more detail’ after Trump flags 200% tariffs on foreign pharmaceuticals

Global trade tensions linked to unpredictable and expanding US levy regime a ‘substantial concern’, Jim Chalmers saysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLabor is making urgent representations to the White House about Donald Trump’s threat to impose 200% tariffs on drug imports to the US, an announcement Jim Chalmers says is very concerning for the Australian economy.The US president said on Wednesday that the punishing new border levies would come with a transition period that could last more at least a year, after sustained pressure from the US pharmaceutical industry over price controls on common drugs in countries like Australia.Sign up for Guardian Australia’s breaking news email Continue reading...

Politics

9 h. ago US copper prices rise to record high as Trump threatens 50% tariff

President also says he will impose levies of up to 200% on drug imports after a transition period

Politics

9 h. ago US copper prices soar to record high as Trump threatens 50% tariff

President also says he will impose levies of up to 200% on drug imports after a transition period

Politics

13 h. ago Trump threatens to escalate trade war amid confusion over new tariff rates

US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plansDonald Trump vowed to further escalate his trade wars on Tuesday, threatening US tariffs of up to 200% on foreign drugs and 50% on copper, amid widespread confusion around his shifting plans.Hours after saying his latest deadline for a new wave of steep duties was “not 100% firm”, the US president declared that “no extensions will be granted” beyond 1 August. Continue reading...

Events

15 h. ago Trump threatens to impose high tariffs on pharmaceuticals and copper

Washington sent letters to 14 trading partners setting out the tariffs that would come into effect on August 1

Politics

16 h. ago Trump is bullying Canada over ‘digital taxes’ and Canada caved | Joseph Stiglitz

The question now: will countries cave in to these threats or stick together and collect the billions they are rightly owed?Donald Trump’s announcement calling off trade talks with Canada over its digital tax – and that he would impose retaliatory tariffs – demonstrates, once again, not only the president’s ignorance of economics and willful disregard of international norms and the rule of law, but also his willingness to use brute power to get whatever he and the oligarchs who support him want.He was wrong in labeling the tax as outrageous and “a direct and blatant attack on our country”. It is actually an efficient tax, well designed to ensure that the technology companies – the profits of which benefit the tech oligarchs who have come to dominate US policy – pay their fair share of taxes.Joseph E Stiglitz is a Nobel laureate in economics, university professor at Columbia University and chief economist of the Roosevelt InstituteAnya Schiffrin, senior lecturer at Columbia University...

Politics

24 h. ago China threatens retaliation for Trump tariffs as Rubio starts first Asia trip

China has warned US president Donald Trump against reigniting trade tensions by reimposing tariffs on Chinese goods and threatened retaliation against countries siding with Washington at Beijing’s expense.

Politics

27 h. ago Asian shares rise after Wall Street falls as Trump pressures trading partners with new tariffs

Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect

Politics

39 h. ago Trump threatens 25% tax on Japanese and South Korean imports starting August 1

Bizarre letters cite ‘unsustainable’ trade deficits with two of America’s most important allies and trading partners

Politics

44 h. ago Trump clashes with Musk and threatens additional tariffs on countries with ‘anti

Musk says he is setting up America party to challenge Republican and Democratic ‘Uniparty’Trump says tariffs are delayed until 1 August, sparking confusionThe president of the European Commission, Ursula von der Leyen, said she had a “good exchange” with Donald Trump on Sunday, a Commission spokesperson told reporters during a daily press briefing this morning.The spokesperson said:We want to reach a deal with the US (by 9 July). We want to avoid tariffs. We believe they cause pain. We want to achieve win-win outcomes, not lose-lose outcomes. Continue reading...

Politics

45 h. ago What is Brics? Trump threatens 10 per cent extra tariff over 'anti

Donald Trump has set strict rules for any country “aligning themselves with the Anti-American policies of BRICS”

Politics

46 h. ago Donald Trump clashes with Elon Musk and threatens additional tariffs on countries with ‘anti

Musk says he is setting up America party to challenge Republican and Democratic ‘Uniparty’We can now bring you the latest updates from the devastating Texas floods that have killed at least 82 people. Rescuers are working around the clock to find survivors but their efforts may be hampered by more heavy rain that is expected to fall today.Most of the fatalities were in Kerr County, where Camp Mystic, a Christian girls’ camp, was deluged.Netanyahu and Trump have a complex personal relationship – and Trump openly vented frustration at him last month during efforts to negotiate a truce with Iran – but the two have appeared in lockstep since the US launched a bombing run against Iran’s nuclear programme, fulfilling a key goal for Israeli war planners.Netanyahu arrives in Washington in a strong political position, observers have said, potentially giving him the diplomatic cover he would need to end the war in Gaza without facing a revolt from his rightwing supporters that could lead to t...

Politics

56 h. ago Trump and US commerce secretary say tariffs are delayed until 1 August

President says team will start reaching out to trade partners with new tariff rates as 90-day pause ends this weekDonald Trump said on Sunday that his administration plans to start sending letters on Monday to US trade partners, dictating new tariff rates to be imposed on goods they sell to Americans. “It could be 12, maybe 15,” the president told reporters, “and we’ve made deals also, so we’re going to have a combination of letters and some deals have been made.”With his previously announced 90-day pause on tariffs set to end on 9 July, the president was asked if the new rates would go into effect this week, or on 1 August, as some officials had suggested. Continue reading...

Politics

65 h. ago EU locked in Trump trade talks as ‘Liberation Day’ tariff deadline looms

The US president’s pause on the imposition of his ‘Liberation Day’ tariffs ends on Wednesday

Politics

66 h. ago EU leaders race to secure a deal as deadline looms in Trump trade talks

There are just two days of talks left before the US president’s potentially swingeing tariffs are restoredThe EU is entering a crunch week with only two days of talks left to secure a trade deal with Washinton to avert Donald Trump’s threatened 50% tariff on its imports into the US.According to the US treasury secretary, Scott Bessent, on Friday, the negotiations – which continued over the weekend – are focussed on 15 to 18 agreements with important partners, while Trump warned of import tax rates of up to 70% on others. Continue reading...

Politics

68 h. ago EU leaders split over tactics as deadline looms for Trump trade talks

With two days of talks left, some want a quick UK-style deal to avert 50% tariffs while others want to play hardballThe EU is entering a crunch week with only two days of talks left to secure a trade deal with Washinton to avert Donald Trump’s threatened 50% tariff on its imports into the US.According to the US treasury secretary, Scott Bessent, on Friday, the negotiations – which continued over the weekend – are focussed on 15 to 18 agreements with important partners, while Trump warned of import tax rates of up to 70% on others. Continue reading...

Politics

2 d. ago US tariffs on European goods threaten to shake up the world's largest 2

America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its goods

Events

4 d. ago Trump’s China tariffs may threaten the future of America’s fireworks festivals

Industry insiders warn the full effects of Trump’s tariffs may be felt by 2026, in time for the 250th anniversary of America’s founding

Events