The Guardian

Australian and Asian stock markets fall after as Trump presses ahead with plans to hit China with huge retaliatory tariffsToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading... Source link : https://www.theguardian.com/business/live/2025/apr/09/stock-share-markets-us-china-trade-trump-tariffs-business-news-live-updates Author : Adam Fulton Publish date : 2025-04-09 01:39:00 Copyright for syndicated content belongs to the linked Source.

Keir Starmer hails visitor attraction – set to open in 2031 – as a way to bring jobs and growth to regionFirst Beijing, and now Bedford: a “transformative” new British tourist magnet is coming to the home counties – just off the A421.A former brickworks will be the site of a new multibillion-pound theme park from the entertainment behemoth Universal, the government confirmed on Wednesday. Continue reading... Source link : https://www.theguardian.com/travel/2025/apr/09/universal-chooses-bedford-to-be-location-of-its-first-theme-park-in-europe Author : Esther Addley Publish date : 2025-04-08 23:01:00 Copyright for syndicated content belongs to the linked Source.

US president had threatened to impose extra levies unless China withdrew its 34% retaliatory tariffs todayThe European Union still wants to avoid a trade war with the United States despite Donald Trump’s administration’s rejection of the “zero for zero” offer on all industrial goods put forward by Brussels, an EU spokesperson told reporters on Tuesday.White House trade adviser Peter Navarro said on Monday that the European Union needed to lower its non-tariff barriers, including those created by value-added taxes and food safety regulations, if it wanted to reach a deal. Continue reading... Source link : https://www.theguardian.com/us-news/live/2025/apr/08/donald-trump-threatens-tariffs-50-per-cent-china-us-politics-latest-updates-news Author : Marina Dunbar

PM appears at Commons liaison committee with questions to also focus on international affairs and defenceHalf of Britons (51%) think the government should impose retaliatory tariffs on imports from the US, according to polling by More in Common, a campaign group. Last week, just before the Trump tariffs were announced, YouGov published figures suggesting 71% of Britons would favour retaliatory tariffs against the US.Yesterday YouGov also released polling suggesting that only around a third of voters think Keir Starmer and the government played a significant role in ensuring the US tariffs imposed on the UK are relatively low. Continue reading...

The move has sent shockwaves through a region of US strategic importance that had respected Trump as tough on Beijing Vietnam had tried to appease Donald Trump: tariffs on US goods were reduced; regulations were passed to allow Elon Musk’s SpaceX to launch its Starlink in the country. The prime minister, Pham Minh Chinh, even joked in January that he would happily “play golf all day long” at Trump’s Mar-a-Lago home in Florida if it could “bring benefits to my country and my people”.The strategies do not appear to have worked. Trump has inflicted an extraordinary 46% tariff on Vietnam

Prime minister and Coalition leader go head-to-head in debate hosted by Sky News. Follow livePolls tracker; election guide; full federal election coverageAnywhere but Canberra; interactive electorates guideGet our afternoon election email, free app or daily news podcastDutton makes opening remarksPeter Dutton is now giving his opening remarks, saying it has been a tough three years for Australians. He says the government has made a number of mistakes, “starting with the voice ”:Almost 30,000 small businesses have gone broke … when you go to the supermarket now, you’re now paying 30% more for groceries, paying about 32% more for your electricity

FTSE 100 up as investors hope reports of planned US trade talks with Japan mean it will be open to negotiationsBusiness live –latest updatesEuropean stock markets opened higher on Tuesday in early signs of a rebound from the punishing global sell-off triggered by US trade tariffs.Stock markets in the UK and across the EU were in positive territory in early trading on Tuesday, as some investor optimism returned after heavy falls as a result of Donald Trump’s “liberation day’” tariff announcements last Wednesday. Continue reading... Source link : https://www.theguardian.com/us-news/2025/apr/08/markets-trump-tariffs-ftse-100-us-trade Author : Lauren Almeida Publish date : 2025-04-08 07:44:00 Copyright for

Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies loomsTariff market reaction –live updatesChina’s government says it will “fight to the end” if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to China’s retaliatory measures.On Tuesday, China’s commerce ministry accused the US of “blackmail” and said the US president’s threats of additional 50% tariffs if Beijing did not reverse its own 34% reciprocal tariff were a “mistake on top of a mistake”. Continue reading... Source link : https://www.theguardian.com/world/2025/apr/08/china-vows-to-fight-to-the-end-against-latest-trump-tariff-threat Author :

Just 4% of Australia’s rental properties, or less than one in 20, are occupied by international students, the property council saysElection 2025 live updates: federal election campaignPolls tracker; election guide; full federal coverageDutton keeps blaming migration for the housing crisis. But can it really be that simple?Peter Dutton claims cutting at least 80,000 new international students from Australian higher education institutions will make it easier for you to find a rental property, saying Labor’s high migration intake has fuelled the housing crisis.It would mean space for 115,000 at publicly funded universities and up to 125,000 overseas students in VET sector

Beijing vows to safeguard its interests after Trump promises steeper tariffs if China doesn’t retract planned countermeasures, as markets brace for further volatilityTrump threatens additional 50% tariffs on China over retaliatory leviesJapan’s benchmark Nikkei 225 index has now risen 5%, news reports are saying.The jump comes after financial markets across the globe posted a third day of losses on Monday as investors worried that steep trade barriers around the world’s largest consumer market could lead to a recession. Continue reading... Source link : https://www.theguardian.com/business/live/2025/apr/08/stock-markets-nikkei-dow-ftse-100-asian-market-today-trump-china-tariffs-threat-business-news-live-latest-updates Author : Adam Fulton Publish date : 2025-04-08 00:26:00 Copyright for syndicated content belongs to the

Albanese to announce $1bn mental health package to be directed into Medicare and youth specialist centres. Follow today’s news liveAnywhere but Canberra: Australian voters on what matters to themInteractive guide to electorates in the Australian electionListen to the first episode of our new narrative podcast series: GinaSee all our Australian election 2025 coverageGet our afternoon election email, free app or daily news podcastAngus Taylor defends Coalition policy U-turns on work from home and job cutsAngus Taylor has conceded that a proposal to ban working from home for public servants was “the wrong policy” but has accused Labor of a “scare

USCCB says ‘heartbreaking’ decision comes after Trump administration cut funding for refugee resettlementThe US Conference of Catholic Bishops (USCCB) announced on Monday that it is ending a half-century of partnerships with the federal government to serve refugees and children, saying the “heartbreaking” decision follows the Trump administration’s abrupt halt of funding for refugee resettlement.The break will inevitably result in fewer services than Catholic agencies were able to offer in the past to the needy, the bishops said. Continue reading... Source link : https://www.theguardian.com/us-news/2025/apr/07/bishops-trump-funding-cuts-children-refugees Author : Associated Press Publish date : 2025-04-07 18:56:00 Copyright for syndicated content belongs to the linked

President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fallUS politics live – latest updatesDonald Trump has threatened to impose an additional 50% tariff on imports from China on Wednesday unless the country rescinds its retaliatory tariffs on the United States by Tuesday.The news comes on the third day of catastrophic market falls around the globe since Trump announced his trade war last Wednesday with tariffs on the US’s trading partners. Continue reading... Source link : https://www.theguardian.com/us-news/2025/apr/07/trump-china-tariffs Author : Anna Betts Publish date : 2025-04-07 16:47:00 Copyright for syndicated content belongs

EU trade commissioner Maroš Šefčovič says bloc in a ‘tough spot’ with 70% of exports being subjected to tariffs Outgoing German economy minister Robert Habeck is not mincing his words this morning in response to a question on US tariffs and how they were calculated.He says:“The calculations, from my point of view, are nonsense. Even the basis of the calculation is nonsense. The assumption that a trade budget surplus or deficit is a problem in itself, is a wrong estimation, because in the end, globalisation serves all economies, and especially the American economy, has huge growth figures in GDP, better

US economic council head denies tariffs were part of strategy to crash financial markets and pressure fed to cut interest ratesFearing legal repercussions, online harassment and professional consequences, student journalists are retracting their names from published articles amid intensifying repression by the Trump administration targeting students perceived to be associated with the pro-Palestinian movement.Editors at university newspapers say that anxiety among writers has risen since the arrest of Tufts University graduate student Rumeysa Ozturk, who is currently in Immigration and Customs Enforcement (Ice) detention fighting efforts to deport her. While the government has not pointed to evidence supporting its decision

Prime minister to focus on car industry, which has been hit by 25% tariffs on exports to US, but manufacturers say ‘greater action almost certainly needed’The Green Alliance thinktank welcomed the fact that the government has not not changed the headline goal of 2030 for the year when the sale of petrol and diesel cars must end (apart from micro-volume supercar brands, like McLaren and Aston Martin – which are now exempt). But it has expressed concern that the changes announced today will slow progress towards making the car industry fully electric.Shaun Spiers, its executive director, said:We welcome the prime

Majority of staff who leave each year have frontline jobs, meaning the Coalition will have to replace them or break its pledgeElection 2025 live updates: Australia federal election campaignPolls tracker; election guide; full federal election coverageAnywhere but Canberra; interactive electorates guideListen to the first episode of our new narrative podcast series: GinaGet our afternoon election email, free app or daily news podcastThe Coalition cannot meet its target of downsizing government roles by 41,000 over the next five years without losing positions in departments it has pledged to protect, a Guardian Australia analysis shows.Peter Dutton walked back his pledge to immediately

US president tells reporters the levies are ‘medicine to fix something’ as Nikkei tumbles nearly 9% in early trading, worsening huge losses from last week’s announcementMarkets react to Trump tariffs – live updatesDonald Trump said foreign governments would have to pay “a lot of money” to lift sweeping tariffs that he characterised as “medicine,” as markets in Asia plunged in early trading on Monday.Speaking to reporters aboard Air Force One late on Sunday, the US president indicated he was not concerned about market losses that have already wiped out nearly $6tn in value from US stocks. “I don’t want anything

Japan’s stock index plummets almost 9% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last weekHong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading... Source link : https://www.theguardian.com/business/blog/live/2025/apr/07/global-stock-markets-brace-donald-trump-us-tariffs-business-live-updates-news Author : Adam Fulton Publish date : 2025-04-07 01:50:00 Copyright for syndicated content belongs to the linked Source.

Coalition dumps policy to force public servants into the office and will not force redundancies. Follow today’s news liveAnywhere but Canberra: Australian voters on what matters to themInteractive guide to electorates in the Australian electionListen to the first episode of our new narrative podcast series: GinaSee all our Australian election 2025 coverageGet our afternoon election email, free app or daily news podcastAlbanese reiterates that ‘social media companies have a social responsibility’, but details on ban not forthcomingLast week a Time magazine article about Albanese’s social media reforms and the ban on social media for under 16s described the PM as

Omar Mohammad Rabea, 14, shot alongside two other teenagers in West Bank town as settler violence escalatesA Palestinian teenager with US citizenship was killed after being shot by an Israeli settler in the West Bank town of Turmus Ayya, Palestinian officials said on Sunday, as tensions continue to escalate amid a surge in settler violence and near-daily confrontations between Israeli settlers and Palestinians across the occupied territory.Omar Mohammad Rabea, 14, was shot along with two other teenagers by an Israeli settler at the entrance to Turmus Ayya, the town’s mayor, Adeeb Lafi, told Reuters. Continue reading... Source link : https://www.theguardian.com/us-news/2025/apr/06/palestinian-teen-citizen-killed-israeli-settler

Commerce secretary insists on CBS that tariffs will ‘stay in place’ as treasury secretary tells NBC negotiation is possibleSenior officials within Donald Trump’s administration officials gave conflicting messages on Sunday about the US president’s global tariffs that have caused a meltdown in stock markets, prompted warnings of a world recession and provoked rare expressions of dissent from within his Republican party.Cabinet members fanned out across Sunday’s political talk shows armed with talking points on Trump’s 10% across-the-board tariff on almost all US imports, with higher rates targeted at about 60 countries. If the intention was to calm nerves with a

Just 2% of total penalties paid, raising concerns about agency given new powers to fight economic crimeThe UK government agency responsible for overseeing a national register of companies has collected just £1,250 in fines after being given new powers to crack down on corruption, it has emerged.Companies House is implementing a series of reforms, amid embarrassing revelations about fraudsters and jokers signing up to the corporate register with names such as “Darth Vader” and “Santa Claus”. Continue reading... Source link : https://www.theguardian.com/business/2025/apr/06/companies-house-uk-fines-corruption-crackdown Author : Rob Davies Publish date : 2025-04-06 15:41:00 Copyright for syndicated content belongs to the linked Source.

Peter Reynolds, 79, detained with his wife Barbie since February, says prison is ‘nearest thing to hell I can imagine’A Briton held captive by the Taliban for more than nine weeks has said he is living in dire conditions in a prison in Kabul, describing it as “the nearest thing to hell I can imagine”.In a recording of a phone call from Pul-e-Charkhi prison, Peter Reynolds, 79, also spoke of his fears for the safety of his wife, Barbie, who is being held in the women’s section of the the maximum-security jail. Continue reading... Source link : https://www.theguardian.com/world/2025/apr/06/british-couple-held-by-taliban-describe-dire-conditions-in-kabul-jail Author :