12 m. ago Global shares keep plunging after US stocks' worst day since Covid: Body blow for Starmer as Trump says UK should be 'happy' with 10% tariffs and aides 'pour cold water on hopes of deal'

The FTSE 100 fell another 60 points this morning after the US president's trade war  sparked a global rout - wiping £2trillion off company values.

Economics

74 m. ago Trump insists Starmer ‘very happy’ with tariffs as UK prepares for retaliation

Treasury minister says UK disappointed with decision to impose tariffs when asked if Trump was right to say Britain is pleased with its treatment

Politics

13 h. ago ‘Don’t retaliate!’ Trump’s treasury secretary begs other countries not to hit back at tariffs

Scott Bessent insisted that the initial market reaction to the tariffs would be a temporary rut on the way to ‘long-term growth’

Politics

16 h. ago UK threatens to retaliate to Trump’s tariffs and draws up 400

The government draws up a 417-page list of products to target with import taxes in retaliation against Donald Trump’s tariffs on British goods

Politics

19 h. ago UK could retaliate to Trump’s tariffs if no US trade deal is secured, business secretary says

The government has drawn up a 417-page list of products that could be slapped with import taxes in retaliation against Donald Trump’s tariffs on British goods

Economics

19 h. ago Britain braces for Trump trade war as list of US products that could be hit with retaliatory tariffs is released

Business Secretary Jonathan Reynolds says: ‘We will seek the views of UK stakeholders...on products that could potentially be included in any UK tariff response’

Events

19 h. ago Scottish businesses say Trump tariffs 'major blow' as UK Government considers retaliation

The Prime Minister sought to assure business on Thursday morning

Politics

19 h. ago Stock markets plunge as UK mulls retaliation over Trump tariffs

Scottish businesses describe “major blow” as markets gripped by turmoil in wake of White House announcement

Politics

20 h. ago Britain could retaliate to Trump’s tariffs if no US trade deal is secured, business secretary says

Jonathan Reynolds said ministers were drawing up a list of US products they could target in any fight back

Economics

20 h. ago UK sets May 1 deadline for deal to stop US tariffs: Ministers hint at retaliation if agreement cannot be reached as Trump 'pushes Britain to accept chlorinated chicken'

Jonathan Reynolds told MPs that a consultation will be held over the next four months on what American products could be targeted in a retaliation package.

Politics

23 h. ago Trump tariffs: How could Europe retaliate as trade war breaks out

The sweeping round of ‘Liberation Day’ tariffs was unveiled by Donald Trump in the White House on Wednesday - but how will the EU react?

Politics

23 h. ago Charity ‘appalled’ at reports online safety laws could be cut for US trade deal

The chief executive of the Molly Rose Foundation said he had written to the Business Secretary to warn of ‘dire consequences’.

Economics

25 h. ago ‘America is a friend’, minister insists despite Trump slapping tariffs on UK

The business secretary stressed the strength of Britain’s relationship with the US, distancing himself from Australian PM Anthony Albanese, who said Donald Trump’s tariffs were ‘not the act of a friend’

Politics

25 h. ago Tense Sky News grilling as UK minister admits Donald Trump 'won't get own way' on everything

Business Secretary Jonathan Reynolds said Donald Trump's bombshell announcement of a 10% US tariff on all British imports are a 'disappointment' and 'a challenge'

Politics

27 h. ago EU ready to retaliate against Trump’s tariffs, says von der Leyen

Commission president warns global economy will ‘massively suffer’ from US trade barrage

Politics

33 h. ago Trump’s tariffs in brief: universal levies and targeted retaliation

The new duties imposed by the US president will send shockwaves through global supply chains

Politics

45 h. ago Donald Trump tariffs: Sir Keir Starmer does not rule out retaliation as UK ‘preparing for all eventualities’

A tariffs announcement will be made late on Wednesday evening

Politics

45 h. ago 'Trade war is in nobody's interests,' says Keir Starmer just hours before Donald Trump slaps tariffs on UK

But the Prime Minister has been criticised for not taking a tougher approach to the US president’s import levies plan

Politics

48 h. ago Keir Starmer accused of being 'supine' to Donald Trump by not threatening tariffs retaliatation

Former M&S boss Lord Rose says the PM should have taken a tougher line against the US president’s import levies plan

Politics

62 h. ago Starmer braced for Trump tariffs as UK seeks better outcome than EU

British prime minister still hopes to secure a trade deal with the US president

Politics