Browsing: US tariffs

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. ​

Sir Keir Starmer confirmed that US-UK trade discussions are “well advanced” but anticipated incoming tariffs from Donald Trump, asserting the need for a careful response rather than immediate action.

Tuesday’s UK headlines are dominated by international stories with a sprinkling of domestic politics and royal stories. 

France’s far-right leader Marine Le Pen has expressed her outrage at being banned from running for public office for five years after being found guilty by a French court of embezzling EU funds. The UK media are assessing what this means for France’s far-right, noting that it’s unlikely to stop the rise, and questions linger from the public figures, including Elon Musk, over how much the outcome was politically motivated.

Tariffs dominate much of the global news today, ahead of Wednesday’s ‘liberation day’ (according to Donald Trump). US tariffs are set to hit every nation tomorrow; the stock markets are in panic, and Britain failed to secure a trade deal before the tariffs.

Prince Harry and Prince Andrew are in the news as Harry’s charity row rumbles on and Andrew’s accuser has been involved in a serious car accident and says she has four days to live.

The UK government had been holding out hope for a “UK-US economic prosperity deal” that would protect British exports from the tariffs

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. 

Prince Harry has been accused of bullying and harassment by the chairperson of the charity Sentebale, which Harry co-founded. Dr Sophie Chandauka gave an interview over the weekend where she said since Harry’s Netflix deal interfered with a planned Sentebale fundraiser and an incident with Harry’s wife Meghan became a source of friction. Chandauka says Harry – and the board who all resigned – are trying to force her out.

The global stock markets have reacted to Trump’s comments over the weekend as he is set to announce a raft of new tariffs that will affect every country. Asian markets have fallen, and European markets opened down.


Expect much of this week’s news to be dominated by the US President as his new tariffs are set to hit this Wednesday, he’s announced he might consider a third term as president (despite US law only allowing for two) and he’s told Russian president Putin he has to agree to a ceasefire in a month or face more tariffs.

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.

Sir Keir Starmer and Donald Trump held discussions about ongoing negotiations for a UK-US economic prosperity deal, with plans to expedite talks this week.

Economic growth in doubt – Rachel Reeves’ Spring Statement, several newspapers highlight the OBR’s warning that the Chancellor’s plans for economic growth could be wiped out by the global trade war as Donald Trump continues to issue further tariff threats.

The Office for Budget Responsibility (OBR) has halved the 2025 economic growth forecast to 1%, down from 2%. Despite these austerity measures, the tax burden is projected to reach a record 37.7% of the GDP by 2027-28.

Spring Statement 2025 reaction – Thursday’s headlines are reacting to yesterday’s Spring Statement delivered by the chancellor. 

Chancellor Rachel Reeves announced significant measures to address the UK’s economic challenges. Key points include a £14 billion plan involving cuts to welfare payments (£4.8 billion) and departmental spending (£3.6 billion) to fix public finances. The Office for Budget Responsibility (OBR) has halved the 2025 economic growth forecast to 1%, down from 2%. Despite these austerity measures, the tax burden is projected to reach a record 37.7% of the GDP by 2027-28. Additionally, a £3.25 billion Transformation Fund was introduced to drive efficiencies across government departments.

Following the chancellor’s update on the economy, Donald Trump announced new import taxes of 25% on cars and car parts coming into America in a move that threatened to widen the global trade war.