Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsAustralia’s S&P/ASX 200 has fallen on opening a short while ago, as expected, dropping 0.5% to 7,670.50 points in early trade after Wall Street’s sell-off overnight.Australian shares are poised to open sharply lower this morning, as concerns about Donald Trump’s unsettling policy shifts and deteriorating trade relations between the world’s two biggest economies take hold. Continue reading...

Comments

World news

Panic sweeps across Spain as tourists 'fighting' to escape after power outage sparks chaos

Comments

Similar News

Canada's Mark Carney takes brutal swipe at Donald Trump as his party wins election

Flood the zone: Trump’s shock and awe game plan to revolutionize America – and keep his enemies on the back foot

100 days in, can Trump run again in 2028? We ask an expert | Debunked

‘Wow! Everything’s computer!’: The most eyebrow-raising moments of Trump 2.0... so far

A loyal base with cracks in it: 100 days in, what do Trump voters think now?

Over 200 lawsuits, 142 executive orders, and 24 days golfing: Trump’s first 100 days by the numbers

Michelle Obama reveals biggest fear of Trump’s second term

Finnish Leader Warns Russia: ‘You Don’t Play With President Trump’

Primark owner’s shares drop as sales fall amid Trump tariff fears

Putin’s raging TV mouthpieces turn on Trump & urge MORE Ukraine slaughter… as Zel hails Russian general’s ‘liquidation’

Watch: Canada’s Carney makes dig at Trump in election victory speech

What Canadian voters had to say about their election and Donald Trump

Trump live updates: President’s first 100 days in office marked by deportation crackdowns and trade wars

Trump made Carney's turnaround victory possible

HSBC sets aside more cash for bad loans amid Trump tariff war

Trump plans to ease tariff impact on US carmakers

Why Crimea matters so much to Putin – and now Trump

If Trump abandons Ukraine, can Europe help Kyiv fight on?

Carney styled himself as the man to take on Trump - but another challenge looms

Canada election result sees Mark Carney triumph – leaving Donald Trump red-faced

World news

Panic sweeps across Spain as tourists 'fighting' to escape after power outage sparks chaos

Canada's Mark Carney takes brutal swipe at Donald Trump as his party wins election

The real reason why Britain could be the next victim of devastating power outage

'Go home!' Tourists humiliated by locals in famous Spanish city in latest attack

Ryanair and EasyJet warn of delays as chaos continues after Spain and Portugal power cut

Foreign Office issues new advice on anyone travelling to Spain and Portugal after outage

Solar storm 'worse than Chernobyl' warning after Spain and Portugal outages

Benidorm turned into ghost town in Spain power outage

Disgraced cardinal formally withdraws from participation in conclave

Michelle Obama reveals biggest fear of Trump’s second term

Four dead including four year-old after car crashes into Illinois daycare center

Cheers erupt in Spanish streets at moment power restored after mass outages

A loyal base with cracks in it: 100 days in, what do Trump voters think now?

Flood the zone: Trump’s shock and awe game plan to revolutionize America – and keep his enemies on the back foot

100 days in, can Trump run again in 2028? We ask an expert | Debunked

‘Wow! Everything’s computer!’: The most eyebrow-raising moments of Trump 2.0... so far

Over 200 lawsuits, 142 executive orders, and 24 days golfing: Trump’s first 100 days by the numbers

Child killed in Russian drone attack in central Ukraine, say officials

Spaniard shares what people really did when power went out

Watch: Canada’s Carney makes dig at Trump in election victory speech

Pope Francis’s final moments revealed: How doctor knew he was gone, and his last regret

US says North Korea’s military deployment in Russia’s war against Ukraine must end

What Canadian voters had to say about their election and Donald Trump

Two new crocodile species discovered in Caribbean – but they are already facing extinction

Trial begins of woman accused of killing three family members with mushroom dinner

Trump live updates: President’s first 100 days in office marked by deportation crackdowns and trade wars

Disgraced Cardinal Becciu formally withdraws from participation in conclave

Model finds man hiding under her bed after noticing ‘weird smell’ in hotel room

Map reveals cities affected by the power outages in Spain and Portugal

Student rescued from mountain twice in four days - after going back to find his phone

Beef Wellington poison accused cleared of three attempted murders of ex-husband

Trump made Carney's turnaround victory possible

Ukraine LIVE: JD Vance sends 8-word warning to Zelensky as US ramps up pressure for peace

What happens after Pope Francis funeral – how the Conclave to select his successor will work

Sailor injured as $60m US fighter jet topples off aircraft carrier dodging Houthi rebel strike

Why Crimea matters so much to Putin – and now Trump

Texas megachurch pastor TD Jakes to step down after suffering heart attack during sermon

If Trump abandons Ukraine, can Europe help Kyiv fight on?

What is a conclave? What to know about the secretive process to elect the next pope

A leaking oil tanker explodes in Pakistan, killing 2 and injuring 56

Carney styled himself as the man to take on Trump - but another challenge looms

Canada election result sees Mark Carney triumph – leaving Donald Trump red-faced

Four freed from prison in Hong Kong after national security convictions

Power Is Largely Restored in Spain After Widespread Outage

Spain and Portugal power outage – Cheering in streets as electricity FINALLY returns after countries ground to halt

Canadian Prime Minister Mark Carney's Liberals win election

Brexit hating former BoE boss Mark Carney wins Canadian election

Toddler dies two days after tragic nursery incident as parents pay tribute

Trump brags that he hurt MAGA ally Pierre Poilievre in Canada election — as Liberals grab win

Who is Mark Carney? Canada’s prime minister who won an election in Trump’s shadow

Trump suggests Zelensky will let Putin take Crimea. Russia’s top diplomat calls it a ‘done deal’

Who could be the new Pope? The cardinals who might become the next head of the Catholic Church

Canada election 2025 live: Mark Carney’s Liberals win after Trump-dominated campaign cycle

Vancouver attack latest: Suspect named and charged with murder after 11 killed in car-ramming attack

First picture of girl, 5, killed after car ramming at Vancouver music festival

Inside the Vietnamese factory preparing for the worst since Trump's tariff threat

Tuesday Briefing