Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England

Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warns Trump imposes new tariffs on dozens of partners Dramatic sell-off of US government bonds Business live – latest updates Donald Trump’s sweeping tariffs have put global growth at risk, the Bank of England has warned, heaping pressure on government … Read more

Dramatic sell-off of US government bonds as tariff war panic deepens

Falling demand suggests loss of financial confidence in US as Donald Trump escalates trade standoff with China US government bonds, traditionally seen as one of the world’s safest financial assets, are undergoing a dramatic sell-off as Donald Trump’s escalation of his tariff war with China sends panic through all sectors of the financial markets. The … Read more

Australia ‘not immune’ to fallout from Trump’s tariffs on China, experts say

Australia well placed to deal with uncertainty of global economy but should be prepared as US doubles down on protectionist policies, economists warn Election 2025 live updates: Australia federal election campaign Get our breaking news email, free app or daily news podcast Australia’s economy will not escape unscathed from Donald Trump’s trade war, economists have … Read more

China condemns US ‘bullying’ as Trump’s 104% tariffs kick in – video

China’s foreign ministry called on the US to stop its ‘arrogant and bullying behaviour’ after President Donald Trump’s 104% duties on Chinese imports took effect. Speaking to reporters at a regular media briefing, Chinese foreign ministry spokesperson Lin Jian said the US continued to impose tariffs on China ‘indiscriminately’. ‘If the US really wants to … Read more

‘Go Trump’: Florida shoppers back tariffs – but others are worried

Some Gainesville voters remain loyal to the president, while others cut back on buying and business owners hike prices In Gainesville, Florida, a small city in the north-central part of the state, small businesses and shoppers are bracing for the impacts of Trump’s sweeping tariffs. The Trump administration announced a baseline of 10% tariffs on … Read more