2 h. ago Trump tariffs latest: EU vows ‘strong plan’ to hit back at Trump’s global trade war as UK ‘prepares for worst’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Events

3 h. ago Trump live updates: ‘Liberation Day’ tariffs to be effective immediately, White House says

Trump prepares sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and global trade war, as Speaker Mike Johnson says, ‘You have to trust the president’s instincts on the economy’

Politics

3 h. ago Trump’s tariffs in numbers: The biggest losers amid escalating US trade war

As Donald Trump is poised to unleash a fresh slate of tariffs on so-called ‘Liberation Day’ (2 April), data correspondent Alicja Hagopian examines which countries are most at risk from new tariffs on up to $3.3 trillion of goods

Politics

4 h. ago The Guardian view on Donald Trump’s tariffs: a spectacle of struggle and control | Editorial

The US president wields tariffs not as a policy tool but as an instrument of pressure, rewarding loyalty and punishing defiance – even among alliesDonald Trump has probably not read much Michel Foucault. But he appears to embody the French philosopher’s claim that “politics is the continuation of war by other means”. Nowhere is this more apparent than in his fondness for tariffs. He presents taxing foreign imports as a way to rebuild the American economy in favour of blue-collar workers left behind by free trade and globalisation. Yet he plainly thinks that politics is not about truth or justice. It is about leverage and supremacy.Britain is learning first-hand that Mr Trump, with his us-versus-them framing and taste for spectacle, is an accidental Foucauldian – using tariffs as tools of loyalty and dominance, even against allies. If Mr Trump follows through on his threat to impose a 20% tariff on all imports, UK growth will suffer. The effect depends on the response....

Politics

4 h. ago How might Trump tariffs affect UK business on ‘Liberation Day’?

Analysis: What could it mean for British industry and jobs businesses if the White House imposes sweeping import fees?

Politics

4 h. ago Britain braced for worst from Donald Trump’s ‘Liberation Day’ trade war

White House crusade against imports could cost £1.1 trillion worldwide and 25,000 jobs in Britain alone, experts warn

Politics

5 h. ago Trump live updates: President to announce ‘Liberation Day’ tariffs at Rose Garden event tomorrow

Trump prepares sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and global trade war, as Speaker Mike Johnson says, ‘You have to trust the president’s instincts on the economy’

Politics

5 h. ago Trump live updates: President’s ‘Liberation Day’ tariffs announcement fuels uncertainty for stock markets

Trump prepares sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and global trade war, as Speaker Mike Johnson says, ‘You have to trust the president’s instincts on the economy’

Politics

6 h. ago Britain's tariff deal under threat as US intervenes in free speech row: State department 'monitors' case of pro

Pro-life campaigner Livia Tossici-Bolt was on trial at Poole Magistrates' Court last month accused of breaching the Public Spaces Protection Order in March 2023 with the verdict set for Friday.

Economics

6 h. ago Trump live updates: Fears mount as stock markets brace for president’s ‘liberation day’ tariffs announcement

Trump prepares sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and global trade war, as Speaker Mike Johnson says, ‘You have to trust the president’s instincts on the economy’

Politics

8 h. ago Trump tariffs latest: Global cost of trade war revealed as Lammy says UK ‘preparing for the worst’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Politics

9 h. ago Trump tariffs latest: Trade war may blow $1.4tn hole in global economy as Lammy says UK ‘preparing for worst’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Economics

9 h. ago Keir Starmer says all options remain on table as UK set to be hit by Donald Trump tariffs

The Prime Minister suggested the UK could hit back with its own tariffs but said he does not want to see a trade war.

Politics

10 h. ago Trump aides draft proposal for 20% tariffs on ‘most imports’ to US as Liberation Day deadline looms: Live

Trump’s team says it is still weighing options as the president prepares to announce a sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and a global trade war

Politics

10 h. ago Trump tariffs latest: UK economy to suffer even if new US trade deal struck, grim new forecast warns

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Economics

10 h. ago Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

10 h. ago Ronald Reagan warns of Donald Trump trade war tactic in speech from 1988

Former US president Ronald Reagan warned of a Donald Trump-style trade war tactic in a radio address nearly 40 years ago.

Events

11 h. ago Trump tariffs latest: US duties to hit UK economy even if Britain strikes trade deal, grim new forecast warns

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Events

12 h. ago Trump tariffs will batter UK economy even if Starmer strikes deal, grim new forecast warns: Live

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Events

12 h. ago Global cost of Trump trade war ‘could reach $1.4tn’; tariff fears hurt UK factories – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics