41 m. ago The Swiss lived in splendid isolation for years. Trump’s tariffs have shattered that complacency | Joseph de Weck

The shockwaves sent by the US president could finally push Switzerland closer to the EUGrowing up in Zurich often felt like being removed from the world. It shouldn’t be that way: after all, Switzerland is at the heart of Europe. Riding on the cosy Zurich trams, one hears all the world’s languages; and the airport offers more direct intercontinental flights than Berlin. And yet, coming of age in Switzerland is like sitting in an aquarium looking at the world through a thick bulletproof window.That glass was shattered last week when Donald Trump announced 39% tariffs on Swiss exports. The US is the most important destination for Swiss products: 18.6% of all its exports go there. If Trump maintains the tariffs, sales to the US “will be effectively annihilated”, said Switzerland’s industry lobbying group. The rightwing Swiss business minister, Guy Parmelin, announced a furlough programme to shield the economy from “mass layoffs”. The tabloid newspaper Blick captured the mood with a sta...

Politics

10 h. ago Trump fumes and again insists companies pay tariffs not consumers as he bashes criticism of his plan

‘Consumers aren’t even paying these Tariffs, it is mostly Companies and Governments,’ Trump continues to claim.

Economics

13 h. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kicking in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

14 h. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kick in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

15 h. ago Core inflation jumps as consumers face higher prices as Trump’s tariffs start to take effect

The report is the first major economic indicator report since Trump fired the the chief statistician for the Bureau of Labor Statistics

Economics

15 h. ago Democrats call Trump’s DC police takeover ‘a distraction’ from Epstein files, tariffs and tax bill – live updates

Chuck Schumer called Trump’s decision to federalize the DC police and deploy national guard to the city ‘attempted distraction’ from ‘other scandals’Later on, we’ll hear from the Trump administration for the second day in a row. The president won’t make an appearance, but press secretary Karoline Leavitt will hold a White House briefing at 1pm ET.Defense secretary Pete Hegseth says he’s proud to be part of the Communion of Reformed Evangelical Churches, an archconservative network of Christian congregations.Pastor Doug Wilson, a CREC co-founder, leads Christ Church in Moscow, Idaho, the network’s flagship location. Jovial and media-friendly, Wilson is no stranger to stirring controversy with his church’s hard-line theology and its embrace of patriarchy and Christian nationalism.Wilson told The Associated Press on Monday he was grateful Hegseth shared the video. He noted Hegseth’s post was labeled with Christ Church’s motto: “All of Christ for All of Life.” Continue reading...

Politics

15 h. ago US inflation holds steady at 2.7% in July despite Trump’s tariffs

Figure confounds expectations of acceleration driven by US president’s duties

Economics

15 h. ago US prices continued rise in July as Trump tariffs impact consumer costs

Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in JuneUS prices continued to rise in July, according to key economic data released on Tuesday, as Donald Trump’s international tariffs shakeup started to impact consumer costs.Prices were 2.7% higher last month compared with a year ago, according to the consumer price index (CPI), which measures the prices of a basket of goods and services. Though inflation dipped down in the spring, the annualized inflation rate jumped up 0.4% since April. Continue reading...

Economics

20 h. ago Trump delays China tariffs at the last minute and announces 90 day truce

President Donald Trump has once again delayed a showdown between the world’s two biggest economies

Politics

25 h. ago Trump wants people to buy American. Interest in doing so is plummeting, new poll finds

Consumers say they are less likely than before to be swayed by a ‘made in USA’ label — suggesting that Trump’s tariffs are having the opposite of their intended effect

Politics

36 h. ago AriZona has been 99 cents for decades. Trump’s tariffs might change that

Popular iced tea brand could be forced to hike prices as a result of president’s 50 percent levy on aluminum imports, essential in the manufacuring of the company’s Big Cans

Politics

37 h. ago Trump places Washington DC police under federal control and will deploy National Guard – live updates

Trump declares ‘public safety emergency’ despite record crime low; DC mayor says ‘any comparison to a war-torn country is hyperbolic and false’Trump vows to ‘clean up’ DC crime despite sharp drop in violenceDonald Trump said on Truth Social today that DC “will be LIBERATED today”.Ahead of his press conference, in just over an hour, the president said that “crime, savagery, filth, and scum will disappear” from the city.I will, MAKE OUR CAPITAL GREAT AGAIN! The days of ruthlessly killing, or hurting, innocent people, are OVER! I quickly fixed the Border (ZERO ILLEGALS in last 3 months!), D.C. is next!!! Continue reading...

Politics

39 h. ago Trump says Washington DC will be ‘liberated’ as city mayor disputes claims of violent crime – live updates

Trump to speak about Washington DC at 10am; mayor Muriel Bowser says ‘any comparison to a war-torn country is hyperbolic and false’Trump orders homeless he passed en route to golf course to leave Washington DCDonald Trump said on Truth Social today that DC “will be LIBERATED today”.Ahead of his press conference, in just over an hour, the president said that “crime, savagery, filth, and scum will disappear” from the city.I will, MAKE OUR CAPITAL GREAT AGAIN! The days of ruthlessly killing, or hurting, innocent people, are OVER! I quickly fixed the Border (ZERO ILLEGALS in last 3 months!), D.C. is next!!! Continue reading...

Politics

42 h. ago Trump to hold press conference after ordering homeless to leave Washington DC – US politics live

President says he has plans to make capital ‘safer and more beautiful’ after social media attack on homeless peoplePresident Donald Trump’s news conference is due to take place in about two-and-a-half hours and it follows his Truth Social promising the new measures“will, essentially, stop violent crime” in the capital district, without explaining how.In a subsequent post, he said that the news conference at 10am on Monday, “will not only involve ending the Crime, Murder, and Death in our Nation’s Capital, but will also be about Cleanliness”. Continue reading...

Politics

42 h. ago Trump is losing his foolish trade war. This will cost ordinary Americans greatly | Steven Greenhouse

Trump’s trade war has pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputterThe ever-bombastic Donald Trump has boasted repeatedly of his trade victories, while White House news releases trumpet his “historic trade wins”. The Wall Street Journal echoed Trump’s triumphalism with a headline saying, “Trump is Winning His Trade War”, and last week the New York Times used the exact same words in a headline. That must have been music to the president’s ears.Forgive me for being a spoilsport, but I don’t see where the victory is or how Trump is winning. I keep reading how Trump’s trade war and tariff machinations have pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter.Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading...

Politics

47 h. ago Asian shares advance ahead of Trump's deadline for imposing higher tariffs on Chinese goods

Shares are higher in Asia a day ahead of U.S. President Donald Trump's deadline for imposing higher tariffs on goods imported from China

Politics

53 h. ago GOP congressman tells Americans ‘prices are up ... for the good of the country’

Ralph Norman says ‘the cancer in this country was letting other countries rule the day and tax our products’

Politics

4 d. ago Why Trump's tariffs could be a disaster for Brazil's acai industry and American consumers

Prices of acai smoothies and bowls look certain to go up in the U.S. as President Donald Trump imposed 50% tariffs on Brazilian exports in July and threatened the delicate balance of supply and demand that holds the industry

Politics

4 d. ago Trump’s trade war about to cost Americans 1.8% more in the short term, Yale analysis finds

Trump falsely claims tariffs are paid by foreign countries — they are typically paid by American importers

Politics

4 d. ago US gold futures hit record high after Trump tariff blindsides global market

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Politics