5 h. ago ‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates sayUS politics live – latest updatesThe sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say.Trump’s new 10% universal tariffs – which are higher for many major economies – are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will not apply to many fossil fuel products, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals. Continue reading...

Politics

7 h. ago From Nike to Apple: which US brands could be hit hardest by Trump tariffs and what’s at stake?

Companies with suppliers in Asian countries are likely to have to raise prices after the US president’s measuresBusiness live – latest updatesDonald Trump’s “liberation day” tariff war has so far wiped trillions off the market value of publicly traded companies, with the sweeping border taxes of up to 50% poised to wreak havoc on businesses across the world.US-based global brands from Nike to Apple have suffered some of the heaviest falls in share price and market value, as investors react to fears of price increases and a potential slowdown in consumer spending. Here, we examine some of the most exposed industries and brands. Continue reading...

Politics

8 h. ago Trump tariffs live: China hits US with huge 34% tariff after FTSE drops in market meltdown

China hits back with huge tariffs after Trump’s ‘Liberation Day’ wipes $2.4trn from S&P 500, in its biggest one-day loss since March 2020

Politics

9 h. ago Trump tariffs live: FTSE hits lowest level since December as global market meltdown continues

FTSE slumps after Trump’s ‘Liberation Day’ tariffs wipe $2.4trn from S&P 500, in its biggest one-day loss since March 2020

Politics

11 h. ago Trump tariffs live: FTSE hits lowest level in months after market meltdown enters second day

FTSE slumps after Trump’s ‘Liberation Day’ tariffs wipe $2.4trn from S&P 500, in its biggest one-day loss since March 2020

Politics

11 h. ago Trump live: ‘Liberation Day’ tariffs wipe $3.1 trillion from Wall Street as analysts warn of global recession

President Trump says his tariffs are ‘going very well’ despite U.S. markets suffering their steepest declines since 2020

Events

12 h. ago Trump tariffs live: President says Starmer ‘very happy’ with UK’s tariff after Asian markets plunge again

Donald Trump’s ‘Liberation Day’ tariffs wiped $2.4trn from S&P 500, in its biggest one-day loss since March 2020

Politics

23 h. ago Donald Trump's tariffs hit major brands including Nike and H&M

Major brands have been feeling the impact of Donald Trump's newly announced 'Liberation Day' tariffs, with Nike, Adidas and Puma among the big names to suffer huge losses already

Politics

23 h. ago Dow and NASDAQ see historically bad day with plunges among worst ever as Trump tariffs spark sell

Trump’s tariff plan will ‘level the playing field for American workers,’ the treasury secretary said Thursday as the stock markets slide

Politics

26 h. ago Unhinged Donald Trump issues bizarre 'PATIENT LIVED' rant after 'Liberation Day' tariffs bombshell

Donald Trump launched a bizarre rant claiming the 'patient lived, and is healing' after unveiling punitive tariffs on all imports - but his move has sent US financial markets into meltdown

Politics

26 h. ago Donald Trump in unhinged 'patient lived' rant after 'Liberation Day' tariffs bombshell

Donald Trump launched a bizarre rant claiming the 'patient lived, and is healing' after unveiling punitive tariffs on all imports - but his move has sent US financial markets into meltdown

Politics

29 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

29 h. ago Stephen Colbert on Trump tariffs: ‘America is finally free from the tyranny of being able to buy stuff from other countries’

Late-night hosts discuss Trump’s ‘liberation day’ of sweeping tariffs and a liberal judge’s victory over an Elon Musk-backed candidate in WisconsinLate-night hosts delve into Donald Trump’s so-called “liberation day” of tariffs and the defeat of an Elon Musk-backed candidate in the Wisconsin supreme court race. Continue reading...

Politics

30 h. ago Trump declares Great Depression wouldn’t have happened with tariffs

Donald Trump has declared that the US could have avoided the Great Depression with tariffs.

Politics

31 h. ago Trump’s tariffs cannot stop clean energy revolution – but they will hurt American businesses

US is no longer central to the international clean tech trade

Politics

32 h. ago Every reason why Trump's tariffs war matches the plot to Star Wars' Phantom Menace

EXCLUSIVE: Donald Trump's 'Liberation Day' saw the Orange Manbaby roll out a series of crippling tariffs across all countries, with some experts worried he's heading for a trade war scenario

Politics

33 h. ago Trump live: Apple and Tesla stocks drop in wake of ‘Liberation Day’ as Republicans defy president over tariffs

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

Politics

33 h. ago US dollar ‘at risk of confidence crisis’ as Trump tariffs rattle 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

34 h. ago Is Donald Trump trying to bully Britain into taking chlorinated chicken? White House swipes at 'non

The US President last night slapped a 10 per cent tariff on American imports of UK goods as part of blizzard of global levies on what he dubbed 'Liberation Day'.

Politics

34 h. ago Will Trump’s ‘liberation day’ tariffs drag US into recession?

President’s move to rip up global trade rule book will hit an economy already losing momentum, say economists

Politics