Top World News
Gold Prices Extend Rise After Trump Announces Tariff Plans
Gold prices extended gains on Wednesday to hover near all-time highs, boosted by safe-haven inflows after U.S. President Donald Trump announces reciprocal tariffs that would escalate a trade war.
US Stock Market Declines After Trump Unveils "Liberation Day" Tariffs
A tariff offensive, Donald Trump billed as key to America's long-term prosperity went down badly in markets, setting off declines of 2% or more in equity benchmarks that had rallied for three days on hopes the program would be less draconian
US Dollar Falls Against Yen, Euro Gains Hold As Trump Announces New Tariffs
The dollar slid against the yen, while the euro held gains against the greenback on Wednesday as US President Donald Trump announced global reciprocal tariffs that look certain to escalate a trade war with global partners.
Oil Prices Fall Into Negative Territory As Trump Announces New Tariffs
Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as US President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.
Trump Announces 10% Baseline Tariff On All Imports To US
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners.
Donald Trump Announces Reciprocal Tariffs On Countries. See Full List
President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House.
Republicans join Democrats in Senate vote to rescind Trump Canada tariffs
Resolution that would block tariffs passes 51-48 in Senate, in vote that shows Republican unease over president’s plansSeveral Republican senators joined Democrats to pass a resolution that would block Donald Trump’s tariffs on Canada, a rare rebuke of the president’s trade policy just hours after he announced plans for sweeping import taxes on some of the country’s largest trading partners.In a 51-48 vote, four Republicans – Susan Collins of Maine, Lisa Murkowski of Alaska, and both Kentucky senators, the former majority leader Mitch McConnell and Rand Paul – defied Trump’s pressure campaign and supported the measure. Democrats used a procedural maneuver to force a vote on the resolution, which would terminate the national emergency on fentanyl Trump is using to justify tariffs on Canada. Continue reading...
Trump tariffs live: US stocks plummet in after-hours trading as experts warn Americans could see higher costs – as it happened
This liveblog is now closed. For continued coverage on the tariffs, head to the live business blog.Donald Trump’s planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, the European Central Bank head, Christine Lagarde, said on Wednesday.The Trump administration on Wednesday is set to announce “reciprocal tariffs” targeting nations that have duties on US goods. That move would come after it slapped new import levies on products from Mexico, China and Canada – the top US trading partners – as well as on goods including steel and autos.Wisconsin beat the billionaire.Wisconsin cannot be bought. Our democracy is not for sale. And when we fight, we win. Congratulations, @CrawfordForWI Continue reading...
"It's Liberation Day In America," Posts Trump Ahead Of Tariffs Announcement
US President Donald Trump geared up to unveil sweeping new "Liberation Day" tariffs on Wednesday in a move that threatens to ignite a devastating global trade war.
South Korea ‘at breaking point’ ahead of ruling on President Yoon’s impeachment
Barricades go up in Seoul as court prepares to rule on whether to uphold Yoon’s impeachment or restore his powers The usually quiet streets outside South Korea’s constitutional court in Seoul are now a political ground zero for a decision that will determine the country’s future.Months after Yoon Suk Yeol imposed martial law and triggered South Korea’s worst political crisis in decades, the court will on Friday decide whether to uphold the suspended president’s impeachment or return him to office. Continue reading...
Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader
Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hoursCanada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy.In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade ally Mexico. Continue reading...
Trump goes full gameshow host to push his tariff plan – and nobody’s a winner
There were charts and scores, as if The Price Is Right had come to Washington. The big prize? A global trade warIt was Jeopardy!, or The Price Is Right, come to Washington.On an unseasonably chilly day in the White House Rose Garden, Donald Trump stood with a giant chart listing what reciprocal tariffs he would impose on China, the European Union, the United Kingdom and other hapless contestants. Continue reading...
