22 h. ago Why three major countries were conspicuously left OFF Trump's massive tariffs list

President Donald Trump announced Wednesday his decision to level sweeping economic tariffs on foreign countries across the globe, but three significant countries were not on the list.

Politics

44 h. ago Stock market today: Asian shares mostly decline ahead of Trump's latest tariffs

Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day

Politics

2 w. ago Trump trade wars are slowing global growth and fuelling inflation, says OECD

Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffsBusiness live – latest updatesDonald Trump’s trade wars are splintering the global economy and unpicking progress made to reboot growth and tackle inflation, the Organisation for Economic Co-operation and Development (OECD) has warned.In its latest update on the health of the world economy, the leading Paris-based institution downgraded the prospects for global growth this year and next, including a sharp hit to activity in the US, Canada and Mexico. Continue reading...

Politics

3 w. ago European markets rise and euro gains against dollar amid ‘Trumpcession’ fears

US currency has lost all the gains it enjoyed since Trump won election as global shares are sold offBusiness live – latest updatesEuropean markets have risen and the euro gained against the dollar to the highest level since the US election, as the greenback sank against other leading currencies amid mounting “Trumpcession” fears.The euro rose sharply, breaking above $1.09 for the first time since early November, when Donald Trump’s election victory sent the dollar soaring. That “Trump trade” has unwound, as new US tariffs against Canada, Mexico and China, and the threat of more levies against European trading partners, have triggered fears of an American recession. Continue reading...

Politics

3 w. ago Wall Street sell off: Dow Jones and NASDAQ near historically bad days as fears over recession mount

The U.S. stock market is heading toward its worst day since 2022 following President Donald Trump’s trade tariff chaos with Canada, Mexico and other nations

Politics

3 w. ago Trump administration cancels $400m in grants and contracts to Columbia University over ‘harassment of Jewish students’ – live

The New York university has been a target of the Trump administration after it became a major encampment for students protesting the war in GazaCanadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Politics

3 w. ago Trump claims it’s ‘easier’ to deal with Russia for Ukraine ceasefire and says he’s planning tariffs on Canadian lumber and dairy – live

Asked whether he believes Putin wants peace, US president says ‘I believe him’Canadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Economics

3 w. ago Trump touts private sector jobs in latest employment data – live

Comments come as Trump vows to dramatically downsize government, including with mass firings of federal employeesCanadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Politics

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 Trump to make unscheduled address after calling tariff exemptions on Canada and Mexico ‘a fair thing to do’ – live

White House announces president will speak from the Oval Office but the subject of the address was not specifiedCanadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Politics

3 w. ago These Republican senators have broken away from Trump on tariffs

‘If this starts causing inflation, we're gonna have to recalibrate,’ Louisiana Senator John Kennedy says

Politics

3 w. ago Donald Trump says he sent letter to Iran to negotiate nuclear deal – US politics live

President tells Fox ‘I think they want to get that letter because we can’t let another nuclear weapon’Tens of thousands of US federal employees could lose their jobs after the Trump administration moves to reduce the size of the federal workforce dramatically.With Elon Musk at the helm of the so-called “department of government efficiency” (Doge), which is overseeing efforts to cull federal employment, the White House has embarked on multiple plans to cut down on virtually all areas of federal employment. Continue reading...

Politics

3 w. ago China vows action over ‘arbitrary’ tariffs as Trump pauses measures against Canada and Mexico – US politics live

Foreign minister calls measures ‘two-faced acts’ Staff on hundreds of foreign aid projects left in limbo by the Trump administration’s funding freeze have received a survey that asks them to justify their work under an eccentric list of criteria that meet the White House’s new national security priorities.The survey, copies of which have been obtained by the Guardian, asks foreign aid programme staff to detail whether they contribute to limiting illegal immigration or securing US borders, “combatting Christian prosecution”,and whether they help the US secure access to rare earth minerals.Trump told his cabinet secretaries that they are in charge of hiring and firings at their agencies, not Elon Musk.The House has voted to censure Democratic congressman Al Green for disrupting Trump’s address to this week’s joint session of Congress. The motion was approved with 224 votes in favor and 198 opposed, with 10 Democrats in support.In an escalation of his pressure campaign, Trump said the ...

Politics

3 w. ago Trump administration briefing: Trump changes tack on tariffs – again – as US plans to close consulates

Trump shelves Canada-Mexico tariffs; Musk says he is not to blame for mass firings of federal workers – key US politics stories from Thursday at a glanceDonald Trump has performed another reversal on tariffs, delaying duties on many goods from Canada and Mexico again. Trump said the reversal has “nothing to do” with turbulence in the stock market in recent days, as investors weighed his economic plans. On Wall Street, the S&P 500 fell 1.8% on Thursday. “I’m not even looking at the market,” he claimed.It was also a day where the focus fell on the power wielded by Elon Musk and the president’s plans for US consulates in Europe. Continue reading...

Politics

4 w. ago Trump pauses tariffs on both Mexico and Canada until April after calls with Sheinbaum and Trudeau: Live

President clarifies responsibility for mass firings and cost-cutting lies with department leadership with DOGE in advisory role

Politics

4 w. ago Trump pauses tariffs on both Mexico and Canada; White House limits Musk’s power: Live updates

President clarifies responsibility for mass firings and cost-cutting lies with department leadership with DOGE in advisory role

Politics

4 w. ago Trump delays tariffs on many products from Mexico and Canada

US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian importsDonald Trump pulled back from his trade war with Canada and Mexico on Thursday, temporarily delaying tariffs on many goods from the two countries once again.Two days after imposing sweeping tariffs on all imports from his country’s closest trading partners, the US president announced that duties on a wide range of products would be shelved until April. Continue reading...

Politics

4 w. ago Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week

Politics

4 w. ago Trump pauses tariffs on most imports from Mexico as Trudeau expects Canada

Delay in import taxes for one month builds to promised roll out of reciprocal tariffs on April 2 against all U.S. trade partners

Politics

4 w. ago Trump will delay US tariffs on many products from Canada and Mexico, official says

US president is said to be preparing to temporarily shelve tariffs on many goods from the two countries once againDonald Trump is poised to pull back from his trade war with Canada and Mexico, according to one of his top officials, temporarily delaying tariffs on many goods from the two countries once again.Two days after imposing sweeping tariffs on all imports from his country’s closest trading partners, the US president is said to be preparing to shelve duties on a wide range of products until April. Continue reading...

Politics