President Donald Trump Saul Loeb | AFP | Getty Images Investors who followed President Donald Trump’s blunt advice to buy stocks on Wednesday morning received a windfall when the president hours later rolled back some of his market-ruining tariffs. At 9:37 a.m. ET, just minutes after the opening bell, Trump posted on Truth Social that…
Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. Mike Segar | Reuters JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald…
The sharp fall in stock markets across the world shows no sign of letting up after the US imposition of sweeping and swingeing tariffs and many are asking does this qualify as a stock market “crash” and what that could mean for them? The word crash has been used sparingly over the decades and is…
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025. Leah Millis | Reuters President Donald Trump on Wednesday laid out the U.S. “reciprocal tariff” rates that more than 180 countries and territories, including European Union members, will face under his sweeping…
One country that did not feature on Donald Trump’s list of tariffs on US trade partners was Russia. US outlet Axios quoted White House Press Secretary Karoline Leavitt as saying this was because existing US sanctions on Russia “preclude any meaningful trade” and noting that Cuba, Belarus and North Korea were also not included. However,…
Ben Chu & Tom Edgington BBC Verify Getty Images US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher rates for what he calls the “worst offenders”. But how exactly were these tariffs – essentially taxes on imports – worked out? BBC Verify…
US President Donald Trump inspects a Guard of Honour at Buckingham Palace on June 3, 2019 in London, England. Toby Melville | Getty Images U.K. Business Secretary Jonathan Reynolds said the country faces a “threat” to its open economy from any global fallout from Trump’s new tariffs regime, which included a baseline 10% “reciprocal” tariff…
Uncertainty surrounding upcoming U.S. tariffs has weighed on global markets over the last month — but President Donald Trump’s highly-anticipated Wednesday announcement may not end the turmoil, analysts say. Trump is expected to flesh out many unknowns in an address on Wednesday at 4 p.m. ET (9 p.m. BST), including exactly which countries and sectors…
British Prime Minister Keir Starmer and U.S. President Donald Trump shake hands during a joint press conference in the East Room at the White House, Feb. 27, 2025 in Washington, D.C., U.S. Carl Court | Via Reuters As countries around the world brace for the implementation of U.S. President Donald Trump’s trade tariffs and with…
U.S. President Donald Trump delivers remarks in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | Reuters President Donald Trump’s forthcoming tariffs will take effect right after they are unveiled on Wednesday, the White House said. “My understanding is that the tariff announcement will come tomorrow. They…
