5 h. ago Stocks tumble on Wall Street as Donald Trump’s sweeping tariffs send shockwaves through global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

9 h. ago US dollar ‘at risk of confidence crisis’ as Trump tariffs rattle global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

11 h. ago FTSE 100 Live 03 April: Stocks and dollar weaken on tariffs shock, Currys shares bounce

Stock markets have tumbled as shocked investors react to the “Liberation Day” tariffs unveiled by President Trump at the White House last night.

Events

11 h. ago Trump tariffs live: FTSE 100 plummets after UK firms warn trade war will ‘wreak havoc’

Donald Trump has announced reciprocal tariffs on dozens of countries

Events

12 h. ago Trump tariffs live: London Stock Exchange plummets with UK firms warning trade war will ‘wreak havoc’

Donald Trump has announced reciprocal tariffs on dozens of countries

Events

13 h. ago Trump tariffs live: EU vows to hit back after Asian markets sent plummeting

Donald Trump has announced reciprocal tariffs on dozens of countries

Politics

15 h. ago EU threatens countermeasures and Asian markets plunge after Trump tariff announcement – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy after US President Trump targets allies on what he dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessThe new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

15 h. ago Tariffs live: Markets plummet across Asia as Trump sparks fears of global trade war

Donald Trump has announced reciprocal tariffs on dozens of countries

Politics

19 h. ago Asian markets plunge as world reels from Trump tariff announcement – business live

US president has announced aggressive tariffs targeting US allies on what he has dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessUS futures have fallen sharply, with the Dow Jones dropping 2.4% at around 2345 GMT, the Nasdaq index plunging 4.2%, and the broader futures index for the S&P 500 falling 3.5%. AFP reports:Wall Street has largely suffered from Trump’s various trade announcements in recent weeks.“The silver lining for investors could be that this is only a starting point for negotiations with other countries and ultimately tariff rates will come down across the board,” Northlight Asset Management’s Chris Zaccarelli wrote in a note to clients. Continue reading...

Economics

21 h. ago Trump announces sweeping new tariffs, upending decades of US trade policy

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’Business live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

32 h. ago Trump tariffs latest: Starmer insists UK ‘prepared for all eventualities’ as fears over trade war grow

Prime minister insists US trade war in ‘nobody’s interest’ as Donald Trump prepares to unveil sweeping tariffs later today

Politics

33 h. ago Trump tariffs latest: City braces for ‘Liberation Day’ trade war chaos amid fears over 25,000 UK job losses

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

Events

35 h. ago Trump tariffs latest: City braces for trade war chaos as Europe markets open down on ‘Liberation Day’

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

Events

36 h. ago Trump tariffs latest: City braces for trade war chaos after Asian markets plummet on ‘Liberation Day’

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

Events

37 h. ago Trump tariffs latest: Asian stock markets tumble as investors nervously await US president’s ‘Liberation Day’

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

Economics

39 h. ago Trump tariffs latest: Asian stock markets tumble at start of US president’s ‘Liberation Day’

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

Politics

48 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

54 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

55 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

56 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