50 m. ago Trump escalates battle with China: Trillions more are wiped off shares as the Donald threatens Beijing with more than 100% tariffs

Stocks plunged for a third day, yet the US President took aim at Beijing, which said it would impose its own 34 per cent levy on imports of American goods as a retaliatory measure to last week's tolls.

Events

76 m. ago By slapping tariffs on Britain, Trump has gifted Starmer with the perfect excuse to ditch Net Zero fiasco, writes MATT RIDLEY

Sir Keir Starmer has woken up to the fact that his policies are killing one of Britain's last successful manufacturing industries, the £90-billion-a-year car industry, on which 800,000 jobs depend.

Politics

85 m. ago China says it will not bow to US pressure after Trump threatens additional 50% tariffs – business live

Beijing vows to safeguard its interests after Trump promises steeper tariffs if China doesn’t retract planned countermeasures, as markets brace for further volatilityTrump threatens additional 50% tariffs on China over retaliatory leviesJapan’s benchmark Nikkei 225 index has now risen 3%, AFP is reporting.The uptick comes after financial markets across the globe posted a third day of losses on Monday as investors worried that steep trade barriers around the world’s largest consumer market could lead to a recession. Continue reading...

Events

92 m. ago British businesses warn they face fight to survive amid fears their revenue will be HALVED after world was plunged into 'turmoil' by Donald Trump's 'ridiculous' tariffs

Firms have told MailOnline the world is in 'turmoil' and labelled the US President's decision to impose the widespread tariffs as 'ridiculous'.

Events

2 h. ago Trump proves that a president’s word salads can move the markets

ANALYSIS: Trump said he was not considering pausing tariffs, but failed to explain the contradictions in his policy, Richard Hall writes

Politics

2 h. ago Trump threatens extra 50% tariff on China in day of wild market swings

US president sticks with plan to ‘reset’ global trade but sends mixed signals about negotiations

Politics

2 h. ago Goldman Sachs says it will forecast recession if most of Trump’s tariffs take effect

Investment bank forecasted increased odds of a recession twice in a one-week span

Politics

4 h. ago Trump says he will not pause tariffs as Starmer calls for ‘cool heads’

The Prime Minister said the UK had to ‘rise together as a nation’ in the face of a new era of global instability.

Politics

4 h. ago Netanyahu discusses Gaza and tariffs with Trump at White House meeting

President says the pair had a ‘great discussion’ while prime minister says Israel will eliminate trade deficit with USThe Israeli prime minister, Benjamin Netanyahu, met with Donald Trump on Monday for the second time since the US president’s return to office, marking the first effort by a foreign leader to negotiate a deal after Trump announced sweeping tariffs last week.Speaking alongside Trump in the Oval Office, Netanyahu said Israel would eliminate the trade deficit with the US. “We intend to do it very quickly,” he told reporters, adding that he believed Israel could “serve as a model for many countries who ought to do the same”. Continue reading...

Politics

4 h. ago How actual 'fake news' sent Wall Street on a $2.4 trillion rollercoaster in just 15 minutes

Wall Street saw wild trading with the Dow Jones swinging 2,500 points between its highs and lows.

Politics

4 h. ago Trump says he is ‘not looking’ at a pause in tariffs to allow trade negotiations

Markets swing as Washington says it will kick off trade talks with Japan

Politics

5 h. ago Seesaw day ends with Dow down as Trump’s tariff reports send stock markets on wild swings

Claims that Kevin Hassett said Donald Trump is considering a 90-day pause on tariffs are ‘fake news’

Politics

5 h. ago Trump says US in direct talks with Iran over nuclear program as he holds Oval Office meeting with Netanyahu – US politics live

President says talks to continue on Saturday and adds he and Israeli president also discussed tariffs and Israel-Gaza warEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

5 h. ago Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live

US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’Trump threatens additional 50% tariffs on China over retaliatory leviesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

5 h. ago Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

Economics

5 h. ago Trump tariffs live: President dismisses tariff pause as Netanyahu vows to ‘eliminate’ US trade barriers

US president describes sweeping tariffs as ‘medicine’ as major volatility in global markets continues

Politics

5 h. ago Volatility grips global stock markets as Trump insists on tariff ‘medicine’

Wall Street swings in and out of red as turmoil from US president’s assault on world trade enters second weekTrump threatens additional 50% tariffs on China over retaliatory leviesWhich Trump-backing billionaires have lost the most?Extreme volatility plagued global stock markets on Monday, with Wall Street swinging in and out of the red as Donald Trump defied stark warnings that his global trade assault will wreak widespread economic damage, comparing new US tariffs to medicine.A renewed sell-off began in Asia, before hitting European equities and reaching the US. It was briefly reversed amid hopes of a reprieve, only for Trump to threaten China with more steep tariffs, intensifying pressure on the market. Continue reading...

Politics

5 h. ago Exactly what is happening in the financial markets and what does it mean for me?

What do Trump’s tariffs mean for the average UK household? We take a look

Economics

5 h. ago Swiss chocolate prices could rise as makers hit by Trump tariffs ahead of Easter

Your favourite chocolate bar could become a lot more expensive

Politics

6 h. ago Trump says there will be NO pause on tariffs as he tears into countries 'ripping off' America: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics