24 h. ago Starmer admits UK will face Trump tariffs this week amid global recession fears: Live updates

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

Politics

30 h. ago Recession odds are increasing as Trump pushes his trade war further, top financial firm says

Recession fears mount as Trump set to begin ‘Liberation Day’ tariff agenda this week

Economics

34 h. ago Downing Street admits Britain will be hit by Trump’s tariffs this week as worldwide trade war looms

Trump’s tariffs could hit 60 per cent of firms directly, two major business groups have warned

Events

37 h. ago Keir Starmer and UK to be hit by Donald Trump's tariffs as Downing Street gives major update

The UK is expecting to be hit by Donald Trump's tariffs this week, Downing Street has said, despite efforts to get an exemption before so-called 'Liberation Day'

Politics

38 h. ago Stock market spooked by Trump’s reciprocal tariffs on all countries this week

Sweeping levies are set to go in effect on Wednesday, which Trump has dubbed ‘Liberation Day’ for America

Politics

38 h. ago UK expecting to be hit by Donald Trump’s tariffs this week, says Downing Street

The UK Government has been trying to negotiate an exemption from the taxes on imports into the US which are set to come into force later this week.

Politics

39 h. ago Starmer admits UK will face Trump tariffs this week as US president sparks global recession fears: Live

Markets tumble across UK, Europe and Asia after Trump announced he is set to impose a barrage of high tariffs on imported goods from around the world

Politics

39 h. ago UK expecting to be hit by Donald Trump’s tariffs this week – No 10

The Government has been trying to negotiate an exemption from the taxes on imports into the US which are set to come into force later this week.

Politics

41 h. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likelyWall Street shrinks in response to price pressures, stoking fears of Trump tariffsSwiss bank UBS has cut its forecast for the US stock market’s gains this year.Having previously forecast the S&P 500 shares index would end the year at 6,600 points (which would have been a 12% gain in 2025), UBS have now cut their end-year target to 6,400 points.“After considering the effects of tariffs and slower growth data so far in 2025, we now expect 6% earnings per share growth, and we have accordingly reduced our year-end target for the index to 6,400 (from 6,600).But this also means that there is still meaningful upside for broad US equities by year-end, in our view.”The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take...

Economics

41 h. ago UK politics latest: FTSE tumbles over fears Trump will impose crippling tariffs on Britain this week

The UK is hoping to avoid Trump’s sweeping tariffs by securing a US trade deal before Wednesday

Politics

44 h. ago UK politics latest: Starmer and Trump hold ‘productive’ call but Britain still ‘expects US tariffs this week’

Mr Trump is set to slap a general 20 per cent tax on UK products as part of a raft of US tariffs on Wednesday

Politics

44 h. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump trade war riles investors – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nationsWall Street shrinks in response to price pressures, stoking fears of Trump tariffsEurope’s main stock indices are a sea of red, as investors react to Donald Trump’s declaration that the reciprocal tariffs he is set to announce this week will include all nations.Italy’s FTSE MIB index has dropped 1.4%, France’s CAC is down 1%, and Germany’s DAX has lost 0.95%.The tariffs imposed by the U.S. government and the fear of new announcements as early as Wednesday are creating a bleak atmosphere on trading floors worldwide. Just last Wednesday, the DAX was above 23,000 points, but it now appears that the index may soon test the 22,000 mark.The risk appetite seen in the initial weeks of the year has dissipated as investors and asset managers pull back, reduce positions, and refrain from taking on large new ones. The inclination to buy the dips has nearly vanished. Continue reading...

Economics

3 w. ago Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs

Asian stocks have had a mixed start to the week as uncertainty over what President Donald Trump will do with tariffs persists

Economics

3 w. ago Jimmy Kimmel on Trump’s tariffs: ‘Can you believe we’re shaking down Canada?’

Late-night hosts discuss Trump’s game of chicken with tariffs on Canada and Mexico and more Doge-induced chaosLate-night hosts recapped another week of mixed messages on Donald Trump’s proposed tariffs, government cuts and chaos from the so-called “department of government efficiency” (Doge). Continue reading...

Politics

3 w. ago US unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – business live

Rolling coverage of the latest economic and financial news, including February’s US jobs reportUS job market grows amid threats of mass federal layoffs and Trump tariffsThis has also been a rough week for the oil price.Brent crude, the international benchmark, has dropped by 4% so far this week to just over $70 per barrel.Trump paused tariffs and the market sold off. The old adage that the market hates uncertainty rings true. How the heck are you supposed to make investments or plan?The Nasdaq ended the session down 2.6%, while the S&P 500 finished 1.78% lower. Both are headed for weekly losses of around the 4% mark. Continue reading...

Society

3 w. ago Euro on track for best week in 16 years as trade war fears hurt US dollar – business live

Rolling coverage of the latest economic and financial newsChina’s foreign minister condemns US imposition of tariffs as ‘two-faced’This has also been a rough week for the oil price.Brent crude, the international benchmark, has dropped by 4% so far this week to just over $70 per barrel.Trump paused tariffs and the market sold off. The old adage that the market hates uncertainty rings true. How the heck are you supposed to make investments or plan?The Nasdaq ended the session down 2.6%, while the S&P 500 finished 1.78% lower. Both are headed for weekly losses of around the 4% mark. Continue reading...

Events

3 w. ago Trump reduces Trudeau to tears: Canada's outgoing PM cries at press conference after humiliating tariff war with US

Justin Trudeau was in tears during a press conference Thursday after Donald Trump spent the week tormenting him with a tariff war as his time as prime minister winds down.

Politics