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Trump is now holding up a large chart showing a table titled “Reciprocal Tariffs”, which compares tariffs imposed by other countries on the US versus Washington’s own levies.

“They’ve taken so much of our wealth away from us,” he says. “We’re not going to let that happen.”

“They established the income tax so that citizens, rather than foreign countries, would start paying the money necessary to run our government,” Trump says.

“That’s why effective at midnight we will impose a 25% tariff on all foreign made automobiles,” Trump says.

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.

Volkswagen and BMW have reported booming sales in the United States as Donald Trump is set to announce a new wave of US tariffs on non-American goods.

“Let me be clear with the House [of Commons], a trade war is in nobody’s interests and the country deserves — and we will take — a calm, pragmatic approach.”

Cliff Notes – Minister denies misleading voters over benefits cuts Minister Stephen Timms asserts Labour did not mislead voters regarding a £5bn package of benefit…

Cliff Notes – US launches deadly strikes on Yemen President Trump authorised strikes on Yemen targeting the Iran-backed Houthi group in response to their attacks…

Cliff Notes Keir Starmer has abolished NHS England to return oversight of the health service to ministers, aiming for greater accountability and reduced bureaucracy. The…

Cliff Notes Sir Keir Starmer’s decision to abolish NHS England aims to eliminate bureaucratic duplication and restore direct democratic control over NHS management, with a…

Cliff Notes NHS England to be scrapped with management of health service returning to government, Starmer says The administrative body NHS England which runs the…

Security forces rescue 155 passengers and kill 27 terrorist in an ongoing terror situation in Pakistan. The Pakistani security forces have rescued at least 155…

A Train hijacked in Quetta carrying 400 passengers has been hijacked by separatist fighters in the southwest of Pakistan, while the government said an operation…

Cliff Notes Confirmation Vote and Background: The Senate confirmed Lori Chavez-DeRemer as U.S. labour secretary with a 67-32 vote. Key Responsibilities and Challenges: As head…

South Korea’s Constitutional Court could soon rule on whether to dismiss or reinstate impeached conservative President Yoon Suk Yeol. That doesn’t mean the political crisis…

Cliff Notes – oil tanker and cargo vessel collide A collision occurred between the oil tanker Stena Immaculate and the cargo vessel Solong off the…

At least 28 injured after attack in Munich after a car has driven into a group of people in Munich, Germany, local police confirmed on…

Hamas on Saturday is expected to release a fifth prisoner-hostage swap held in Gaza since October 2023 in exchange for Israel’s release of Palestinian detainees…

Hamas named three more Israeli hostages it plans to release Saturday in exchange for 183 Palestinian prisoners in the fifth hostage-prisoner exchange between the militants…

The French Government confirmed this Saturday that the American financial rating agency Moody’s downgraded the French sovereign debt rating by one notch, from Aa2 to…

Newly appointed Prime Minister Francois Bayrou walks in Paris, France, December 13, 2024. STEPHANIE LECOCQ / REUTERS French President Emmanuel Macron appointed François Bayrou as…

Ratings agency Moody’s downgraded France’s credit rating to Aa3 with a stable outlook Saturday over what the group described as France’s “political fragmentation”. French President…

Why did Macron pick Bayrou? A long-time centrist ally François Bayrou as the country’s new prime minister after MPs voted to oust the previous government…