Thursday’s UK headlines, like much of the rest of the world, are, of course, dominated by the latest from the escalating trade war between the United States and the rest of the world. Trump announced a 90-day pause on the highest tariffs, dropping them all down to 10% except for China, which was hit with 125% levies. The stock markets have bounced back since the announcement, but the ball is very much back in China’s court, and all eyes are on Beijing to see how it responds. Everything that is coming out of China at the moment suggests they won’t back down and believe they can ride this out. 

A little closer to home, there are a handful of royal headlines, including King Charles’s state visit to Italy, which is being viewed as Britain exercising the royal family’s soft powers to help reset Britain’s relationship with the rest of Europe, nine years on from the Brexit mess. Charles and Camilla met with politicians and the Pope during their visit.

Joseph Kent, chief of staff to the Director of National Intelligence, stated that intelligence is investigating potential FBI involvement in the January 6 riots during a Senate intelligence committee hearing.

Keir Starmer is leading a “coalition of the willing” that pledges military support for Ukraine amid a shifting geopolitical landscape, reflecting a strategic comeback for the UK in European affairs since Brexit.

The UK government is considering nationalising British Steel as concerns grow over the Scunthorpe plant’s future after Jingye cancelled vital orders for raw materials.

An all-out trade war starts as China hit with 104% levies, and fears of a global recession dominate the morning conversations. Wednesday’s newspaper headlines reflect the fears before the tariffs started (they’ve since come into effect).

Last week, Donald Trump announced a baseline rate of 10% tariffs on most countries, with more extreme tariffs coming into effect today for what the US president said were the ‘worst offenders’ – around 60 countries, including China, have been hit with a 104% tariff.

Wednesday’s headlines continue to be dominated by Donald Trump’s widespread tariffs amid an escalation between the world’s two biggest economies: the United States and China. Trump’s retaliatory tariffs against China’s retaliatory tariffs sees the US tariffs on Chinese goods now at a rate of 104%. China has said it won’t back down and will continue to fight ‘until the end’ – the battle between the two has raised fears of a global recession.

Elsewhere, Prince Harry is back in Britain to attend a two-day hearing over the decision to cut back his security following his move to the United States. The royal has argued that the country isn’t safe enough for him to bring his wife and children and that his security team in the US does not have access to the level of information needed to ensure his family is safe. Harry has said the UK is always his home and is central to his children’s heritage.

A Universal Studio theme park is set to be built in the UK which could bring an extra £50 billion to the economy, creating 28,000 jobs. The resort would be the first in Europe under the brand behind blockbusters such as Wicked, Harry Potter, Shrek and The Minions movie franchise – and joins six others around the world.

Last night’s football action dominates many UK headlines as English club Arsenal battered Real Madrid 3-0 in the first leg of the quarter finals. England’s Lionesses suffered a 3-2 loss to Belgium in the Women’s Nations League after winning the reverse fixture 5-0 at home only a few days earlier.