17 h. ago Smartphones WILL be hit by tariffs within months, Trump aide says as hopes of tariff climbdown are dashed

The US President made an extraordinary U-turn over the weekend by declaring that smartphones, computers and other electronic devices will be exempted from tariffs.

Politics

18 h. ago Trump says there will be NO tariff exemptions in dramatic reversal that'll hit Americans hard

President Donald Trump blasted China in a social media post on Sunday where he said there were no tariff exemptions after electronics were not included in a notice on Friday.

Events

19 h. ago Companies are already adding a ‘Trump surcharge’ to bills to deal with tariff price increases

Trump’s economic approval rating has fallen since he announced blanket tariffs on most countries earlier this month

Economics

53 h. ago Gold enjoys best week in five years as investors rush to safety

Even US Treasuries take a hit as Donald Trump’s tariff blitz shakes confidence in American assets

Economics

2 d. ago Trump's approval rating takes a hit amid tariff war and market turmoil

Like the stock market this week, President Donald Trump 's approval rating is sliding downward.

Events

3 d. ago Peppa Pig caught up in tariff "storm" as merchandise company warns of hit to sales

Character Group said it was withdrawing its market guidance for the financial year ending 31 August.

Events

4 d. ago Supermarket price war heats up as Tesco cites ‘very competitive market’

Chief executive Ken Murphy also refused to rule out fresh job cuts as the supermarket targets a further £500 million in savings this year.

Economics

4 d. ago Tariffs live: China hits back against Trump with 84% duty on US goods coming into force

Trump intensifies trade war with China but softens stance elsewhere after US bond market jitters

Politics

4 d. ago Tariffs live: Asian markets rebound after Trump pauses most tariffs – but 125% levy on China remains

Trump intensifies trade war with China but softens stance elsewhere after US bond market jitters

Politics

4 d. ago Trump pauses plans to hike US tariffs on most countries except China

Trump says he will raise US tariffs on Chinese exports to 125% and unveils 90-day pause for other countriesBusiness live – latest updatesDonald Trump shelved plans to hike tariffs on most countries except China, unveiling a 90-day pause and pulling back from his global trade war after days of market turmoil and warnings of recession.After insisting for days that he would hold firm on his aggressive trade strategy, Trump announced that all countries that had not retaliated against US tariffs would receive a reprieve – and only face a blanket US tariff of 10% – until July.Never miss global breaking news. Download our free app to keep up with key stories in real time. Continue reading...

Politics

5 d. ago Trump reveals how American families can PROFIT from market crash: Live updates

President Donald Trump said other world leaders are desperate to deals with him as his tariffs come into effect.

Events

5 d. ago Trump Treasury Secretary Scott Bessent fires back at 'loser' China in all

President Donald Trump said other world leaders are desperate to deals with him as his tariffs come into effect.

Politics

5 d. ago Ireland’s deputy PM to meet US secretary of commerce as EU finalises first part of response to Trump’s tariffs – Europe live

Simon Harris to meet Howard Lutnick as EU member states vote on final list of €21bn of goods facing retaliatory tariffsUS president Donald Trump continues to rewrite the rules of global trade, as his sweeping tariffs take effect.Rates on imports to the United States from dozens of economies rose further from 12.01am (0401 GMT) on Wednesday, with tariffs imposed on Chinese products since Trump returned to the White House reaching a staggering 104%. The new tariffs include rates of 20% on the European Union, 26% on India and 49% on Cambodia. Continue reading...

Politics

5 d. ago China reportedly considering ban on Hollywood films in response to Trump tariffs

The White House has said China will be hit with a tariff rate of 104 percent from tomorrow

Politics

5 d. ago Will Trump’s tariffs tip the world into recession? – podcast

As countries reel from the Trump tariffs, can a global recession still be avoided? Richard Partington reportsJust after midnight on Tuesday, EDT time, the wall of tariffs Donald Trump announced last week came into effect. The new system upends decades of precedent from the world’s strongest economy and has sent global markets reeling.The Guardian’s senior economics correspondent, Richard Partington, explains to Michael Safi the dynamics of a market crash and a trade war and how together they may contribute to the onset of a global recession. However, as he makes clear, the world is not yet in that worst-case scenario and steps can still be taken to minimise the risk. Continue reading...

Economics

5 d. ago ‘We will have to raise prices’: gloom and resolve in Yiwu, on China’s trade war frontline

At the world’s largest wholesale market, vendors have reduced their exposure to the US but fear the repercussions of a global economic shockIf you have ever bought a Christmas decoration, a button, an electric shaver or any other cheap manufactured product, there is a good chance it came from Yiwu, a city in east China’s Zhejiang province that is home to the world’s largest wholesale market.Covering more than 4m square metres, tens of thousands of suppliers have booths in Yiwu International Trade City. As the US and China exchange increasingly hysterical rhetoric and threaten ever-higher tariffs, it is vendors at places like Yiwu who are at the frontline of the new trade war. Continue reading...

Events

5 d. ago China reportedly considering ban on US films in response to Trump tariffs

The White House has said China will be hit with a tariff rate of 104 percent from tomorrow

Politics

5 d. ago Trump threatens 104% tariff on China as trade war escalates hours before negotiating deadline: Live updates

DAILYMAIL.COM LIVE BLOG: Meanwhile, China blasted Trump's tariffs as 'blackmail' by the United States and vowed to 'fight to the end.'

Events

6 d. ago Investors lose $25bn in leveraged ETFs in sector’s biggest meltdown

Risky funds drop almost a quarter of their value as Trump’s trade war hits market

Economics

6 d. ago What is a 'Panican'? Donald Trump coins new term amid trade war turmoil

As stock market losses continue to be felt across the US, President Donald Trump is urging Americans not to be “Panicans”

Politics