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More reaction from the global stock markets, world leaders and experts a day after Donald Trump announced global tariffs.
Trump’s new tariffs, including a 10 percent levy on all countries, caused Apple’s stock to drop over six percent. The company depends on manufacturing in places like China and Taiwan.
Stock markets in London, Paris, and Berlin fell on Thursday following U.S. President Donald Trump’s announcement of sweeping tariffs. The UK has been hit with a baseline 10% while the EU has been hit with 20%.
Sir Keir Starmer has vowed to “keep a cool head” in the face of the “economic impact” of Donald Trump’s 10 per cent tariffs on UK exports to the US, amid fears of a wider trade war.
The FT reports that it has seen an informal paper that the UK government has circulated outlining its plans for a multilateral fund that would support weapons stockpiles and military equipment across the continent.
Donald Trump indicated that Elon Musk would leave his government position as a special employee by the end of May, although it remains uncertain if this will occur as scheduled.
The world’s major economies vow retaliation against US tariffs set to be introduced today (21:00 BST).
A look at the market jitters ahead of the new round of US tariffs – with US media speculating it is set to be a blanket 20% tariff on all non-American goods.
The FT looks at investors and says they are “flocking to gold as fears mount on eve of Trump tariff announcement.”
Trump’s planned ‘Liberation Day’ tariff deluge could send a wrecking ball through the Chancellor’s buffer.
French far-right leader Marine Le Pen has been banned from standing for office for five years with immediate effect and sentenced to jail after being convicted of embezzling EU funds.
Global stock markets, including the S&P 500 and Nasdaq, experienced declines as investors await imminent tariff announcements from President Trump, reflecting broader economic uncertainties.
From 1 April, households will experience significant increases in council tax, utilities, and communication costs, impacting nearly everyone in the country.
The US President suggested his next round of tariff announcements, expected on Wednesday, will hit all countries, rather than just those who sell more goods to the US than they buy.
The Economist asks: Is Elon Musk remaking government or breaking it?
The US is increasing pressure on Russia, threatening further tariffs on its oil exports if a ceasefire agreement in Ukraine isn’t reached.
Stock markets in Asia and Europe have declined sharply as the 2 April implementation of US tariffs on imports approaches, with Japan’s Nikkei index dropping nearly 4% and the UK’s FTSE 100 reaching a two-week low.
Steel tycoon Lakshmi Mittal is preparing to leave the UK in response to a government crackdown on non-domiciled residents, making him one of the wealthiest entrepreneurs to move because of the tax reform.
The Atlantic magazine has published more excerpts of the Trump administration’s group chat on Signal that detail timings of military strikes in Yemen.
Rachel Reeves faces the prospect of her newly-restored fiscal headroom being wiped out again ahead of the Autumn budget.
City AM reports MPs and voters will “hear more” from the Chancellor on welfare cuts at the Spring Statement, the defence secretary has said.
The FT attacks what it calls the “sheer amateurism” of the Trump White House in the use of the messaging app to discuss plans to bomb Yemen.
FCA boos has said the watchdog is “going so much further” on its mission to boost growth in the UK.
More and more people are finding ways to live longer and better.
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