3 d. ago Marjorie Taylor Greene's huge stock buy the day before Trump's tariff U

Marjorie Taylor Greene has admitted to purchasing between tens and hundreds of thousands of dollars worth of stock the day before and the day of Donald Trump's tariff pause.

Politics

4 d. 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

6 d. ago Inside the vast stock buying surge 18 minutes before Trump's tariff U

Minutes before President Donald Trump's tariff pause, investors made strangely prudent financial moves. 

Politics

6 d. ago ‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

Events

6 d. ago FTSE 100 opens higher as Macron warns Trump tariff suspension only a ‘fragile pause’ – business live

European markets open following a mixed picture across Asia with the Nikkei showing another fallUS stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardeningThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Events

7 d. ago Trump tariff suspension only a ‘fragile pause’, says Macron, as gold soars amid market jitters – business live

Nikkei plunges 5.4% but other Asian markets see mixed results as some reverse many of historic rally’s gains after US president’s tariffs reprieveUS stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardeningThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

7 d. ago Trump has slowed his global tariff plan. Here’s what happens next and the impact on your wallet

The president caught the world – and most of his administration – off guard with his sudden announcement that he was pausing tariffs

Politics

7 d. ago The Guardian view on the tariff war pause: the Trump trade shambles is not over | Editorial

The US president blinked first, but this is just a time-out. The threat to the global economy remains real.It was Donald Trump who blinked first. Never forget that. China is unlikely to overlook its importance. A week after launching an all-out global trade war, the US president paused significant parts of it for 90 days. Having insisted that he would stick with the random tariffs he imposed on most trading nations, Mr Trump suddenly decreed that he would reduce most of them to 10%. It was a major humiliation.Yet 10% is still a significant tariff to bear for nations exporting to the US. This is also only a pause until July, not a withdrawal, so the uncertainty remains. And huge tariffs still remain on China (now hiked to 145%), Canada and Mexico (both 25%), as well as on all US imports of steel, aluminium and cars (also 25%). Mr Trump is now substituting a US-world conflict with a US-China one. The two largest economies in the world – which between them have generated around ha...

Politics

7 d. ago Stock markets tumble day after Trump’s tariff pause erasing most of the record gains seen Wednesday

After a day of historic gains, the markets tumbled as uncertainty reigns following Trump’s tariff plan pause

Economics

7 d. ago Where do the tariffs stand now? Mapping Trump’s week of market chaos

The president’s week of upheaval drew to a close after he issued a 90-day pause on ‘reciprocal’ tariffs

Politics

7 d. ago ‘The damage is done’: Why the risk of global recession remains despite Trump’s tariff pause

Even with a 90-day pause on aggressive tariff hikes, leading economists say global damage has already been done thanks to ongoing uncertainty

Events

7 d. ago The Latest: S&P 500 falls 2% at the open despite Trump’s tariff pause

U.S. stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy

Politics

7 d. ago ‘We are stepping up,’ UK defence secretary tells ‘coalition of the willing’ for Ukraine – Europe live

John Healey tells meeting of more than 30 countries that coalition is working on ‘putting Ukraine in the strongest possible position’We’re getting a bit more details from EU spokesperson, Olof Gill, speaking at the commission’s press briefing right now (which, notably, got delayed by almost half an hour as that von der Leyen statement was being put out).He said:We are not going to offer any greater detail at this point about what we are not saying to the Americans beyond what we have already said.We want to negotiate, we want to talk. Continue reading...

Society

7 d. ago EU pauses tariff retaliation for 90 days to match Trump move, holding out hope for talks

The European Union’s executive commission says it will put on hold for 90 days its retaliation measures against new U.S. tariffs to match President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution

Politics

7 d. ago Canada bends knee to US and agrees to negotiate 'immediately' with Trump after tariff pause

Canada Prime Minister Mark Carney has backed down on his end of the trade war and agreed to negotiate 'immediately' on a new agreement in a victory for Donald Trump.

Politics

7 d. ago ‘This was the plan’: Fox News hosts unashamedly celebrate Trump backing down on tariffs

Sean Hannity, Laura Ingram, Jesse Watters and Jean Pirro are among hosts who say the president’s 90 freeze was President Donald Trump’s ‘plan all along’

Politics

7 d. ago FTSE opens up 6% as markets surge after Donald Trump blinks first and orders a 90

The sharp gains come after the US president announced he would be pausing tariffs on most countries, excluding China, for 90 days.

Politics

7 d. ago Ursula von der Leyen says Trump’s tariffs pause is ‘important step towards stabilising global economy’ – Europe live

European Commission president floats idea of zero-for-zero tariff agreement with US, saying she hopes to achieve ‘frictionless trade’Greek prime minister Kyriakos Mitsotakis put forward a proposal for a “win-win” trade deal with the US last night, saying the EU and the US should push "for “a solution which will be mutually beneficial.”Speaking to Breitbart US, he said there was “still room for negotiations before we consider any major reciprocal response beyond what has been announced today, which, anyhow, was, the expected EU reaction.” Continue reading...

Politics

7 d. ago FTSE soars after Trump's tariff pause as analysts urge caution in 'crazy' market

Relieved traders piled back into global stock markets as Trump announced the reprieve for all nations except China.

Politics

8 d. ago China’s new tariffs on US goods to come into effect as Trump pauses measures for other countries – business live

China’s 84% retaliatory tariffs on US goods, announced on Wednesday, are due to come into effect on ThursdayRead the latest full reportIn a stunning U-turn, Trump has reversed high tariffs on most nations – at least for 90 days. But the focus is now on China, the second-biggest provider of US imports, of which the pause does not apply.Instead, Trump has raised tariffs on China to 125%, while China has announced new tariffs of 84% on all US imports, further escalating a high-stakes confrontation between the world’s two largest economies.For President Xi, there is only one politically viable response to Trump’s latest threat: Bring it on! Having already surprised domestic audiences with a forceful 34% reciprocal tariff, any appearance of backing down would be politically untenable,” says Diana Choyleva, founder and chief economist at Enodo Economics, a forecasting firm.”Global markets surged after Trump announced his 90-day tariff pause. The S&P 500 surged 5.6%, while the Nasdaq h...

Politics