Trump’s attacks on universities are “dangerous and politically motivated,” said New York Democratic Rep. Jerry Nadler. The White House announced Thursday that the Trump administration plans to withhold $510 million in federal funding from Brown University while it investigates the school’s response to alleged “antisemitism”— a term that is being weaponized to target protesters against...
Natalie Sherman Business reporters, BBC News Getty Images Stock market turmoil deepened on Friday, as China hit back at tariffs announced by Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. All three major stock indexes in the US plunged more than 5%, with the S&P 500 dropping...
Tom Gerken Technology reporter Nintendo Nintendo says it will no longer open pre-orders for the Switch 2 in the United States next week, following the introduction of steep tariffs on exports from Japan. The firm unveiled the much-anticipated console on Wednesday, the same day US President Donald Trump announced his sweeping new global tariffs. It...
Steve Rosenberg Russia Editor Reuters If I was writing a Russian language course for 2025, Lesson One would definitely contain the phrase for rollercoaster: Amerikanskiye gorki. It means, literally, American Hills. How appropriate. After all, with President Donald Trump now operating the ride, and Vladimir Putin pressing some of the buttons, US-Russian relations have become...
Bernd Debusmann BBC News Reporting fromAir Force One Getty Images The Trump administration has fired Gen Timothy Haugh – the head of both the National Security Agency and US Cyber Command – the BBC’s US partner CBS has reported. It is not clear why he was removed, but it comes after a meeting between President...
Amid talk of a trade war, Trump’s tariffs have also raised questions over the atmosphere at the various sports events it is due to host, not least the Ryder Cup in the US later this year. With European Union leaders highly critical of the policy, it would be little surprise if anti-European sentiment among the...
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....
