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Slumps on S&P 500, Dow and Nasdaq cap dismal day for global indices but US president doubles down on tariff planWall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at Donald Trump’…
While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its directionUS politics live – latest updatesDonald Trump’s global tariffs assault is set to raise prices and slow down economic growth, Federal Reserve chair J…
President’s shock move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffsFrom world leaders, to the tiniest manufacturers thousands of miles away from Washington, decision-makers across th…
On social media, the president said, ‘My policies will never change’, before suggesting possible change with VietnamUS politics live – latest updatesDonald Trump doubled down on his decision to launch a global trade war, declaring that he would “never”…
Small businesses that import goods brace for steep price increases that they have to pass on to their customersIt’s just two days since Donald Trump launched his extraordinary tariff assault on the world in a bid to rebuild the US economy and roll back…
Figure up from 117,000 jobs added in February, far higher than expected, as unemployment rose slightly to 4.2%Business live – latest updatesThe US added 228,000 jobs in March, far more than expected, as the US economy shook off the blow from the Trump …
Four GOP senators rebuke president by voting to rescind 25% Canada tariffs, prompting praise from DemocratsUS politics live – latest updatesThe first signs of an internal US political backlash against Donald Trump’s declaration of a global trade war ar…
Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade dealCanada will retaliate against “unjustified, unwarranted” tariffs imposed by the United States with a 25% tax on US vehicles, says Mark C…
All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bnUS stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump’s announcement of a …
Donald Trump has introduced eye-watering tariffs on countries around the world. Will they ‘make America wealthy again’? Richard Partington reportsDonald Trump is on a mission to ‘make America wealthy again’. Speaking outside the White House, he said fo…