Donald Trump’s new 10% global tariff comes into effect

US president had said he would raise levy to 15% after last week’s supreme court ruling Business live – latest updates Donald Trump’s new global tariffs have taken effect at 10%, even though he had threatened a higher rate of 15% over the weekend, providing “some relief” for British businesses, according to a lobby group. … Read more

Trump’s new global tariffs kick in at 10% – business live

Rolling coverage of the latest economic and financial news European markets have opened a bit lower this morning, as investors digest the news of Trump’s latest 10% tariff. The UK’s blue chip FTSE 100 index has dropped 0.25%. In Italy the FTSE MIB has dropped 0.4%, the German Dax is down 0.2% and the French … Read more

California allocating $35M to support illegal immigrants amid Trump’s mass deportation agenda

California Gov. Gavin Newsom announced the allocation of $35 million in state funding to support illegal immigrants as the Trump administration carries out its massive deportation agenda. Newsom’s office is releasing the money that the legislature set aside in the state budget to help philanthropic partners support immigrant families with food assistance and other resources, … Read more

A new U.S. attack on Iran could risk large-scale retaliation

WASHINGTON — Although weakened and facing a domestic crisis, Iran’s regime still has substantial firepower that could inflict damage on American interests and allies in the region, disrupt the global economy and trigger a protracted conflict in response to a U.S. military attack, according to former U.S. officials, foreign diplomats and regional analysts