President Trump's new tariffs send shockwaves through U.S. markets as a trade war unfolds. Follow along for live updates on ...

The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn ...

Worldwide recession feared as US tariffs hit markets — including knocking $2.5tn (€2.27tn) off the S&P 500 Index ...

The US President announced that all imports into the US will be subject to a minimum tariff of 10 per cent.

The new import taxes will raise inflation to 4.4% this year, some economists say, and unemployment could climb to 5%.

The rout on global stock markets will be a bitter blow to millions of British savers with pensions, ISAs and other investments tied up in shares. Households could also be hit by higher prices.

US President Donald Trump imposed tariffs up to 99% on trading partners, with India facing a 27% reciprocal levy from April 9 ...