White House aides expressed mixed signals about Donald Trump’s tariff policies, with some suggesting room for negotiation while others dismissed the prospect.
Cliff Notes Thousands participated in nationwide “Hands Off!” protests against Donald Trump and Elon Musk, with around 1,200 demonstrations organised across all 50 states, including…
Stocks slump – China to impose 34% levy as retaliation – China files lawsuit | US tariffs LIVE
The story that is dominating every news site – in print and online – today is, of course, the ongoing chaos facing the global stock markets following Donald Trump’s latest US tariffs.
Global stock markets experienced significant declines following President Trump‘s announcement of sweeping tariffs, including a 10% tax on imports from the UK.
Both US and European markets reported their worst one-day losses since the COVID-19 pandemic, raising concerns about a potential recession and international retaliation.
Friday’s UK headlines are similar to headlines from around the world: the fallout from Donald Trump’s tariffs after “trillions” have been wiped off the global stock markets.
On Wednesday, Trump announced a baseline tariff on almost every country in the world of at least 10% – whilst some countries face much higher levies, with the EU being hit with 20%.
Since the announcement, global markets have experienced significant declines, with both the US and European markets reporting their worst one-day losses since the COVID-19 pandemic and raising concerns about a potential recession and international retaliation. Economists are warning of a ‘spiral of doom’, suggesting that retaliatory measures could lead to further economic destabilisation.
Elsewhere, a probe into the bitter dispute surrounding Prince Harry’s charity Sentebale. The Charity Commission said it had opened a case to examine “concerns raised” about Sentebale, following claims made by its head, Sophie Chandauka. Prince Harry has said he hopes the watchdog will “unveil the truth”.
US President Donald Trump has dismissed at least six National Security Council officials, including David Feith and Brian Walsh, following a meeting with far-right activist Laura Loomer.
Russia, along with Cuba, Belarus, and North Korea, is excluded from Donald Trump’s new tariffs list, raising questions about preferential treatment for adversaries over allies.
The White House has said it will impose what they call reciprocal tariffs on roughly 60 of the “worst offenders”.
The UK is amongst some countries facing a baseline tariff of 10%
Donald Trump has implemented a 10% baseline tariff on all imports, with many trading partners facing significantly higher rates, prompting widespread global concern and backlash.
Trump announces fresh wave of US tariffs – Almost all of Thursday’s headlines are dissecting the tariffs announced by the US president yesterday. The UK was hit with a baseline 10% tariff, whilst the EU (who are preparing to retaliate) were hit with a 20% levy – some countries fared even worse with fees as high as 40%.
The UK newspapers generally express relief that the tariffs were not as bad for the UK as expected, with right-leaning media highlighting Brexit’s role in saving Britain from the 20% levy for the EU. The tariffs are set to come into effect on Saturday, with some headlines reporting there is still wiggle room for a deal to be carved out between the UK and US before the tax comes into effect.
Reports indicate that President Trump has informed his inner circle of Elon Musk’s anticipated reduced involvement in government, conflicting with Musk’s ongoing role leading efforts to cut US government spending.
Donald Trump has hinted at the possibility of seeking a third presidential term, despite the constitutional barrier of the 22nd Amendment, which limits presidents to two terms.
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.
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.”
Politics is dominating the news in the United States – and around the world – with Donald Trump’s latest tariffs set to be announced tomorrow, the markets reaction to the impending tariffs and talks of Trump seeking a third term.
Trump is set to announce new tariffs on imports, including a 25% tax on foreign cars. The move aims to boost U.S. manufacturing but may raise prices and strain trade relations. The UK and other countries are expected to respond with their own tariffs.
Trump recently suggested the possibility of seeking a third term in office, despite the clear prohibition outlined in the 22nd Amendment of the U.S. Constitution, which limits presidents to two terms. In a recent interview, Trump stated he was “not joking” about exploring “methods” to remain in power beyond his current term.
Politics is dominating the news in the United States – and around the world – with Donald Trump’s latest tariffs set to be announced tomorrow, the markets reaction to the impending tariffs and talks of Trump seeking a third term.
Trump is set to announce new tariffs on imports, including a 25% tax on foreign cars. The move aims to boost U.S. manufacturing but may raise prices and strain trade relations. The UK and other countries are expected to respond with their own tariffs.
Trump recently suggested the possibility of seeking a third term in office, despite the clear prohibition outlined in the 22nd Amendment of the U.S. Constitution, which limits presidents to two terms. In a recent interview, Trump stated he was “not joking” about exploring “methods” to remain in power beyond his current term.
The UK government had been holding out hope for a “UK-US economic prosperity deal” that would protect British exports from the tariffs
Donald Trump’s recent interviews in which he expressed he might seek a third term as president, despite US law limiting presidents to two terms in office, is dominating news everywhere – not just the United States.
His plans have been met with widespread criticism and fears that democracy is crumbling in the United States.
JD Vance’s appointment as finance chair of the Republican National Committee positions him as a strong contender for the 2028 presidential nomination, according to former RNC Chair Ronna McDaniel.