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The Latest Breaking News from Donald Trump

US trade war may force all-out assault with rate cuts

An escalating trade war has slashed the odds of interest rate cuts for Australian mortgage-holders, including a potential mega cut weeks after the election.

AAP

Global stock markets suffer sell-off in aftermath of US tariffs

In the UK, the FTSE 100 dropped to the lowest level since mid-January.

The Independent UK

Macron meets industry heads as Trump tariffs shake key French sectors

French President Emmanuel Macron was on Thursday meeting with the heads of sectors hit by new US tariffs on European Union goods. The 20 percent import tax, announced by President Donald Trump, will hit major French exports including aeronautics, wine and luxury items.

Radio France Internationale

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Employers ‘loaded up’ with business rates, says shadow chancellor

A 75% relief in business rates fell to 40% this month.

The Independent UK

CNBC reporter trashes Trump for ‘made-up’ tariff rates: ‘Nobody ever heard of this formula!’

‘Nobody has ever used this formula. So I’m sorry, but the conclusion seems to be that the president kind of made this up as he went along. He made it up,’ Steve Liesman said on Thursday

The Independent UK

Haiti announces new measures to fight gangs after thousands of protesters demand security

The leader of Haiti’s transitional presidential council says it is taking measures to crack down on a surge in gang violence as he acknowledged that the country has “become hell for everyone.”

The Independent UK

How Trump's New Tariffs Will Make Farming (and Food) More Expensive

Trump's first trade war cost farmers $27 billion. Losses this time around could be higher.

Reason

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Conservatives should stand aside and let Reform win Runcorn by-election, says senior Tory MP

The Runcorn and Helsby by-election next month will see both Reform and the Conservatives attempt to overturn Labour’s 15,000 vote majority in the safe seat

The Independent UK

MAGA Firebrand's White House Visit Results In NSC Purge of 'Necons': Report

Several NSC staffers have been fired after a White House visit by conspiracy theorist Laura Loomer , Axios reported

Latin Times

Stellantis temporarily halting production at 2 plants in Canada, Mexico

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles

The Independent UK

OPINION - How will Trump's tariffs impact the UK?...The Standard Podcast

Listen here on your chosen podcast platform.

Evening Standard

Wall St Leads Rout As World Reels From Trump Tariffs

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy would emerge victorious.

International Business Times

‘Fertilization president’ has gutted fed’s IVF team, report says

‘I’ll be known as the fertilization president’ said Trump weeks before he axed the IVF department

The Independent UK

Gap, Nike and Levi's took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining their strategies

What looked like a safe bet to move manufacturing supply chains out of China is turning out to be a nightmare for many big retail brands.

Fortune

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Evening Standard

UK economic growth to be slower than forecast due to tariffs, say economists

UK economic growth could be up to 0.5 percentage points lower than expected in the coming years, according to economists.

The Conversation

Why has Trump launched so many tariffs and will it cause a recession? Expert Q&A

Donald Trump has always talked about how much he likes tariffs. And on April 2 2025, he showed that he meant it. For the president it was “liberation day”, but for his fellow world leaders it was a tense wait to see what percentage figure would be attached to their…

The Conversation

Trump’s trade war represents a big opportunity for Canadian Conservatives

A well-known saying in politics is to never let a good crisis go to waste. The governing Liberals have embraced this idea, calling a snap election for April 28. Their decision came amid United States President Donald Trump’s imposition of tariffs on Canadian goods and threats of annexation.

Reason

Survey: Free Speech Support Is Eroding in America

A new global survey reveals a stark decline in Americans' support for free speech as the Trump administration tightens its grip on expression.

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Salon

USAID cuts expose Americans to crime

In slashing the USAID budget, President Donald Trump defunded one of the leading international criminal watchdogs

Fortune

'Fake news': Tesla's Elon Musk dashes investor hopes he may finally be leaving politics, insisting he's not going anywhere

Politico reported the Tesla CEO would soon return to the private sector, triggering a rally in shares of the beleaguered carmaker. Not so fast, says Musk.

Fortune

Ford will offer employee pricing to all U.S. customers for the next two months as auto tariffs go into effect

New campaign highlights the company's American roots.

Barchart

Crude Prices Plummet on Energy Demand Concerns and Rising OPEC+ Production

May WTI crude oil (CLK25 ) today is down -5.34 (-7.45%), and May RBOB gasoline (RBK25 ) is down +0.1820 (-7.80%). Crude oil and gasoline prices today plunged to 3-week lows on concern that President Trump’s harsher-than-expected reciprocal tariffs will ignite a trade war that derails the global economy and...

The National (Scotland)

John Swinney hits out at 'sleekit' Anas Sarwar for secret Eric Trump meeting

ANAS Sarwar has been branded “sleekit” after it emerged he met with US President Donald Trump’s son in a secret meeting ...

Fortune

Trump’s tariffs put American growth and prosperity at risk—and raise the likelihood of a recession

Tariffs may feel like action, but they lead to stagnation and economic crises in the long run.

The Guardian - US

Musk to remain ‘friend and adviser’ to Trump after leaving Doge, says Vance

Vice-president makes remark after reports that president told cabinet members billionaire will be stepping back

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