The US dollar slumped as President Trump’s tariff announcement sent shockwaves through global markets. With a 10% baseline tariff on imports, fears of a global economic slowdown intensified. Investors sought safe havens as stock markets and currencies faltered.
Within hours of Trump’s “Liberation Day” speech, a chorus of global voices began responding — some cautiously, others furiously. While the U.S. president promised to rebalance what he called “decades of economic exploitation,” world capitals began drawing their own red lines.
Standing in the White House Rose Garden, President Donald Trump declared what he called “Liberation Day”, announcing a raft of tariffs on U.S. trading partners — the most expansive use of trade powers in modern American history.
U.S. President Donald Trump has imposed new tariffs on UK and EU imports, warning foreign “cheaters” as he promises to restore American jobs and economic dominance.
Inside Politics explored the impact of Donald Trump’s proposed tariffs on UK exports. Analysts warned of serious economic consequences if Britain fails to act decisively.
Elon Musk is set to leave his government role in the coming months, with his tenure as a special government employee expected to end by May 30. President Trump praised Musk’s contributions, confirming his eventual return to the private sector amid ongoing federal downsizing efforts.
Mark Carney and Claudia Sheinbaum discussed trade and investment ties on Tuesday, emphasizing the need to strengthen North American competitiveness while respecting national sovereignty.
U.S. President Donald Trump is set to unveil a sweeping new round of tariffs on what he calls “Liberation Day,” a move that could shake up U.S. trade policy and heighten tensions with global partners. With few details known, markets are already bracing for impact.
The White House confirmed on Tuesday that President Donald Trump will impose a new wave of tariffs on Wednesday, escalating fears of a deepening global trade war. The announcement, set for 4 p.m. ET in the Rose Garden, marks the culmination of weeks of warnings and speculation.
Senior Trump administration officials are privately acknowledging that a Ukraine peace deal is unlikely in the coming months, despite early hopes of brokering a ceasefire by spring.
The head of IATA downplayed concerns that potential US trade tariffs would disrupt the ongoing surge in travel demand. While acknowledging added uncertainty, he suggested that Trump’s policies might ultimately benefit the airline industry by promoting consolidation and regulatory changes.
US President Donald Trump announced that his first overseas trip in his second term will likely include stops in Saudi Arabia, the UAE, and Qatar, highlighting economic ties and potential investments.
US President Donald Trump expressed on Monday that he would "love" to run against former President Barack Obama in the 2028 election, despite the constitutional restriction that limits presidents to two terms.
The Kremlin announced on Monday that it is working with the United States on potential peace efforts for Ukraine, despite President Donald Trump's recent outburst expressing frustration with Russian President Vladimir Putin.
The Democratic Party filed a lawsuit on Monday seeking to block President Donald Trump’s executive order aimed at overhauling the U.S. election system, arguing the changes could disenfranchise eligible voters.
U.S. President Donald Trump described the French court’s decision to bar far-right leader Marine Le Pen from the 2027 presidential election as a “very big deal,” comparing her situation to his own legal troubles.
President Donald Trump said on Sunday he was not joking about seeking a third presidential term but did not clarify how he would circumvent the U.S. Constitution’s two-term limit.
President Trump confirmed he is serious about a potential third term, despite constitutional limits, saying it is “far too early” to decide. While U.S. presidents are restricted to two terms, Trump allies are exploring ways to challenge this rule ahead of the 2028 election.
The Kremlin stated that Russia and the U.S. are working on ideas for a peace settlement in Ukraine, despite U.S. President Trump expressing frustration with Putin. Trump threatened secondary tariffs on Russian oil if no ceasefire is reached.
Iran has readied missiles capable of striking U.S.-related positions, responding to President Trump's escalating threats of military action if Tehran does not agree to his terms for a new nuclear agreement.
U.S. President Donald Trump announced on Sunday that his upcoming reciprocal tariffs will apply to all nations, rather than just targeting the 10 to 15 countries with the largest trade imbalances. Trump plans to unveil the tariff package on Wednesday, calling it “Liberation Day.”
U.S. President Donald Trump said on Sunday that Ukrainian President Volodymyr Zelenskyy is attempting to back out of a critical minerals deal, warning that such a move would bring serious repercussions.
U.S. President Donald Trump is planning to visit Saudi Arabia in mid-May for his first foreign trip since beginning his second term, Axios reported on Sunday.
British Prime Minister Keir Starmer and U.S. President Donald Trump held a phone call on Sunday evening to discuss “productive negotiations” aimed at establishing a UK-U.S. economic prosperity deal, according to a Downing Street spokesperson.
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