Paul Kirby & Laura Gozzi BBC News EUROPEAN COMMISSSION/DATI BENDO/HANDOUT European Commission President Ursula von der Leyen has already laid out initial countermeasures Europe’s leaders had been preparing for “Trump’s trade war” – but the reality of a 20% blanket US tariff still came as a shock. “This decision is a catastrophe for the economic...
Watch: Three things to know about Trump’s tariffs announcement US President Donald Trump announced sweeping tariffs on goods from countries across the world, on what he called “Liberation Day”. He says the move will make America wealthy again, but economists warn that prices could rise for Americans and fears of a global trade war have...
EPA Stock markets in London, Paris and Berlin fell as trading began on Thursday after US President Donald Trump’s sweeping announcements on tariffs. The UK’s FTSE 100 share index was down 1% while France’s Cac 40 fell 1.7%. Earlier Asian markets had slid, while the price of gold, which is seen as a safer assest...
Annabelle Liang Business reporter Getty Images China has said it will take “resolute countermeasures” in response to US tariffs As US President Donald Trump laid out tariffs on virtually every one of America’s trading partners on Wednesday, he had strong words for Beijing. “I have great respect for President Xi [Jinping] of China, great respect...
Office lights in some corners of Westminster were on much later than usual last night. Why? Because ministers and officials, just like so many others, were watching the telly to see what President Trump would have to say, the Business Secretary Jonathan Reynolds among them. The president, brandishing a giant rectangular piece of card packed...
Donald Trump’s politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy. Now, he’s staking his presidency on his being right. At his Rose Garden event at the White...
Italian Prime Minister Giorgia Meloni has said US tariffs on European Union imports are “wrong”, after US President Donald Trump announced he would begin charging a 20% rate on EU goods. Meloni is one of the many world leaders reacting to Trump’s “liberation day” announcements, which include a universal 10% baseline tariff on all imports...
US President Donald Trump has announced a universal “baseline” 10% tariff on all imports into the US, on what he has dubbed “Liberation Day”. Trump also unveiled a 10% tariff on UK goods and 20% on EU goods in a watershed moment for global trade. The US will also hit certain countries with much steeper...
Musk spent millions to meddle in a Wisconsin state Supreme Court election — which his candidate lost by double digits. President Donald Trump is reportedly considering pushing “shadow president” Elon Musk out of his administration after the billionaire spent $25 million to elect a Republican to the Wisconsin state Supreme Court — and lost badly....
President Trump announces new tariffs on all imports to US Read full article at source...
Watch: What is a tariff? The BBC’s Adam Fleming explains US President Donald Trump is set to announce further tariffs on 2 April, which he has suggested will hit all countries. He has already introduced a series of taxes covering steel, aluminium and car imports as well as all goods from China. Trump argues the...
I detect a reasonable sprinkle of the jitters in government as the world waits for US President Donald Trump’s tariffs announcement later. It is the single most globally consequential day so far of the president’s second term. Foreign Secretary David Lammy said the UK must “prepare for the worst” and there is every expectation in...
Few papers avoid mentioning – or leading – on Donald Trump’s threat of global tariffs that he is poised to unveil on Wednesday. “Carnage” and “Trump trade madness” splashes the Daily Mirror, as it reports that the UK is “braced for new wave of tariffs today”. Trump has trailed the measures for weeks, initially suggesting...
Every time Donald Trump has mentioned his plan to levy massive tariffs on imports into the US, there has been a widespread assumption that they will be delayed, watered down or rowed back. Today, he will reveal in the White House Rose Garden not just how serious he is about “the most beautiful word in...
A Cornell University graduate student who had his US visa revoked due to protest activities against Israel has chosen to leave the US rather than be deported. Momodou Taal, who is a joint citizen of the UK and The Gambia, had his student visa revoked due to his on-campus protest activities last year as the...