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.
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Asian markets witnessed significant declines following a drastic sell-off on Wall Street, driven by the announcement of new tariffs by the Trump administration.
More reaction from the global stock markets, world leaders and experts a day after Donald Trump announced global tariffs.
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%
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.
“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.”
Almost all the UK front pages are dominated by the announcement of the latest US tariffs. The US media started reporting yesterday that a blanket 20% tariff on all non-American goods is set to be introduced.
Much of the UK media is speculating on how the tariffs will impact the UK economy and the prime minister’s attempts to secure a last-minute deal.
An analysis of the Cold War’s economic impact revealed that the “Iron Curtain” represented a tariff equivalent of 48%, suggesting serious trade restrictions may arise amid current geopolitical tensions.
US Attorney General Pam Bondi has directed federal prosecutors to pursue the death penalty for Luigi M., accused of murdering UnitedHealthcare CEO Brian Thompson in December 2024.
U.S. Attorney General Pam Bondi has announced that prosecutors will pursue the death penalty against Luigi Mangione following the murder of UnitedHealthcare CEO Brian Thompson, marking the first federal death penalty case since the Trump administration reinstated capital punishment after a hiatus.
Oscar Arias, former President of Costa Rica, announced the US has revoked his visa following his criticisms of President Trump on social media.
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.
A 17-year-old from Wisconsin, Nikita Casap, has been charged with the murders of his mother and stepfather after allegedly living with their decaying bodies for several weeks.
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.
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.
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.
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President Trump threatened potential secondary tariffs of 25% on Russian oil if a deal to halt the Ukraine conflict is not reached.