Trump’s tariffs could deliver a $27bn blow to Australia – and the cost of a global trade war would be far higher

03/04/2025 07:14 The Guardian

How other countries retaliate matters hugely for how Australia’s economy weathers the storm of ‘liberation day’, experts sayElection 2025 live updates: Australia federal election campaignGet our afternoon election email, free app or daily news podcastLiberation days signal the end of a war, not the start of one.So it is with rich irony that the US president, Donald Trump, has declared victory even as he massively escalates his attack on the global trading system.Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading...

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Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the world’s biggest companies and heightened fears...

03/04/2025 21:45 The Guardian

Senators unveil bill to claw back power over tariffs amid Trump trade wars

Trade Review Act would require greater checks on tariffs in further sign of congressional disquiet over president’s plansSenior senators introduced new bipartisan legislation on Thursday seeking to claw back some of Congress’s power over tariffs after Donald Trump unveiled sweeping new import ta...

03/04/2025 20:22 The Guardian

Pentagon watchdog to investigate Pete Hegseth over Signal war-planning chat leak

Defense chief and others discussed US military operations on messaging app that included journalistThe inspector general of the Department of Defense (DOD) is launching an investigation into Pentagon secretary Pete Hegseth’s use of the encrypted messaging app Signal to discuss sensitive informatio...

03/04/2025 20:06 The Guardian

At least 27 killed in Israeli bombing of shelter in Gaza City, rescuers say

Hundreds of thousands of Palestinians flee from southern city of Rafah in one of war’s biggest mass displacementsAn Israeli bombing of a school turned shelter in Gaza City has killed at least 27 people, rescuers said, and hundreds of thousands in the Rafah area are fleeing in one of the biggest ma...

03/04/2025 18:14 The Guardian

Republican backlash to Trump tariffs grows as Senate rebels decry ‘bad policy’

Four GOP senators rebuke president by voting to rescind 25% Canada tariffs, prompting praise from DemocratsUS politics live – latest updatesThe first signs of an internal US political backlash against Donald Trump’s declaration of a global trade war are starting to emerge amid tanking stock mark...

03/04/2025 17:29 The Guardian

Don’t weaken online safety laws for UK-US trade deal, campaigners urge

Child protection charities say watering down Online Safety Act would be an ‘appalling sellout’ by governmentChild safety campaigners have warned the government against watering down landmark online laws as part of a UK-US trade deal, describing the prospect of a compromise as an “appalling sel...

03/04/2025 17:03 The Guardian

UK politics: Starmer warns Trump’s US tariffs not just ‘short-term tactical exercise’ – as it happened

PM says measures mark ‘the beginning of a new era’ for trade and the global economyInternet safety campaigners have expressed alarm about reports that the Online Safety Act could be reviewed as part of the economic deal the UK is negotiating with the US.According to a Politico report, quoting un...

03/04/2025 17:00 The Guardian

Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiationsEuropean leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating an “immense difficulty for Europe”, while appealing for last-ditch negotiations to avert an...

03/04/2025 16:31 The Guardian

Macron calls Trump’s tariffs ‘brutal and unfounded’ and warns France could suspend US investments – as it happened

President says ‘nothing can be ruled out’ in response to US measuresWhat are tariffs and why do they matter?French prime minister François Bayrou told reporters that Donald Trump’s tariffs marked “a catastrophe” for the global economy, and posed “an immense difficulty” for Europe.Spea...

03/04/2025 16:31 The Guardian

Hungary to pull out of ‘political’ ICC as Netanyahu visits Budapest

Israeli PM, who is wanted by the court, hails Viktor Orbán’s ‘bold and principled’ decision to leave the ‘corrupt’ bodyHungary will leave the international criminal court because it has become “political”, the country’s prime minister, Viktor Orbán, said as he welcomed his Israeli...

03/04/2025 16:18 The Guardian

‘Creating chaos and crisis’: Democrats slam Trump’s sweeping tariffs as global markets tumble – live

Democrats accuse Trump of ruining US economy on purpose and note the lack of tariffs for RussiaGlobal markets react to Trump tariffs – follow liveAnalysis: Trump promised lower prices – his tariffs risk the oppositeIn the aftermath of the disastrous debate against Donald Trump that ultimately en...

03/04/2025 15:59 The Guardian

Will Trump’s tariffs ignite a global trade war? Today in Focus Extra – podcast

Donald Trump has introduced eye-watering tariffs on countries around the world. Will they ‘make America wealthy again’? Richard Partington reportsDonald Trump is on a mission to ‘make America wealthy again’. Speaking outside the White House, he said for too long the country had been ‘loote...

03/04/2025 15:59 The Guardian

Fire crews battle blazes across UK amid ‘very high to extreme’ risk for weekend

People urged not to light fires as crews attend outbreaks in Stirling and Dunbartonshire and on Dorset heathlandWildfires are continuing to burn across the UK, with the emergency services warning of an “extreme” risk caused by the warmer weather.Crews in Scotland have been dealing with a large g...

03/04/2025 15:42 The Guardian

Keir Starmer accuses Reform UK of ‘fawning over Putin’

PM uses launch of Labour local election campaign to attack Nigel Farage over past comments about Russian leaderKeir Starmer has accused Reform UK of “fawning over Putin” as the prime minister used the launch of Labour’s local election campaign to attack Nigel Farage repeatedly over his past co...

03/04/2025 14:52 The Guardian

Russia bans Elton John Aids Foundation over its support for LGBTQ+ rights

Designation as ‘undesirable organisation’ exposes nonprofit’s staff and partners to possible criminal prosecutionRussian authorities on Thursday banned the Elton John Aids Foundation (EJAF), which focuses on HIV/Aids prevention, citing its support for LGBTQ+ rights as a reason for the move.Fou...

03/04/2025 13:19 The Guardian

Severe storms and tornadoes rip across US south and midwest, killing one person

Rare tornado emergency declared in Arkansas city as homes ripped apart and warnings issued in multiple statesViolent storms and tornadoes have torn across the US south and midwest, killing at least one person and downing power lines and trees, smashing homes and upturning cars across multiple states...

03/04/2025 12:50 The Guardian

Roman-era battlefield mass grave discovered under Vienna football pitch

Archaeologists say ‘catastrophic military event’ took place at site where 129 bodies have been found so farAs construction crews churned up dirt to renovate a football pitch in Vienna last October, they happened upon an unprecedented find: a heap of intertwined skeletal remains in a mass grave d...

03/04/2025 10:23 The Guardian

Trump announces sweeping tariffs, upending decades of US trade policy | First Thing

Tariffs will hit developing and wartorn nations particularly hard. Plus, Australia records hottest 12 months on recordGood morning.Donald Trump announced wide-ranging tariffs on the US’s major trading partners on Wednesday, a move that puts the world at risk of a global trade war and that sent sto...

03/04/2025 10:17 The Guardian

Victorian man charged for allegedly threatening to kill politician days after AFP head warned of rising threats

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03/04/2025 10:11 The Guardian

Asian countries riven by war and disaster face some of steepest Trump tariffs

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03/04/2025 09:13 The Guardian

‘Game on’: Kim Williams has ‘no doubt’ a Coalition government would initiate a review of the ABC

ABC chair backs public broadcaster after Peter Dutton’s comments warning it would need to demonstrate ‘excellence’Election 2025 live updates: Australia federal election campaignGet our afternoon election email, free app or daily news podcastThe chair of Australia’s public broadcaster says he...

03/04/2025 06:44 The Guardian

Thursday briefing: What Israel’s new move to seize ‘large areas’ of Gaza means for the conflict

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03/04/2025 05:39 The Guardian

Netanyahu visits Hungary as Orbán vows to defy ICC arrest warrant

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03/04/2025 04:00 The Guardian

‘Same shit, different year’: Australia records hottest 12 months and warmest March on record

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03/04/2025 02:31 The Guardian

US stocks plummet in after-hours trading as experts warn Americans could see higher costs – as it happened

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03/04/2025 00:28 The Guardian

Asian markets set to open as world reels from Trump tariff announcement – business live

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02/04/2025 23:52 The Guardian

Trump goes full gameshow host to push his tariff plan – and nobody’s a winner

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02/04/2025 23:35 The Guardian

Trump announces sweeping new tariffs, upending decades of US trade policy

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’Business live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threate...

02/04/2025 21:51 The Guardian

Trump hits UK with 10% tariffs as he ignites global trade war

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02/04/2025 20:59 The Guardian

Australia election 2025 live: PM dines with Greg Norman as nation braces for Trump tariffs; Howard says Coalition are election underdogs

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02/04/2025 20:04 The Guardian

BREAKING NEWS

04/04 00:49 - Hezbollah at crossroads after blows from war weaken group 04/04 00:37 - Tornadoes Sweep Across the South and Midwest, Killing at Least 7 03/04 23:21 - Macron calls for EU rebuttal to Trump tariffs 03/04 23:11 - Lush and Kwik Fit warn tax rise will push up prices 03/04 21:45 - Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street 03/04 21:28 - Putin envoy visits Washington 03/04 21:01 - Radio Free Europe says Washington shut off its Russian broadcast despite restraining order 03/04 20:47 - US to skip Ukraine military aid meeting for first time – media 03/04 20:36 - US stocks lead worldwide sell-off after Trump’s tariff announcement 03/04 20:22 - Senators unveil bill to claw back power over tariffs amid Trump trade wars 03/04 20:06 - Pentagon watchdog to investigate Pete Hegseth over Signal war-planning chat leak 03/04 19:58 - Influencers 'new' threat to uncontacted tribes, warns group after US tourist arrest 03/04 19:37 - Russia Is Exempt From Trump's Tariffs, And These Reactions Might Be Funny If It Wasn't All So Infuriating 03/04 18:59 - The Job Market Has Been Resilient. The Trade War Could Be Its Undoing. 03/04 18:28 - Israel launches deadly ground incursion amid air strikes on Syria 03/04 18:28 - Israel launches deadly ground incursion amid air strikes on Syria 03/04 18:14 - At least 27 killed in Israeli bombing of shelter in Gaza City, rescuers say 03/04 18:09 - Trump tariffs: Pain or gain for China? 03/04 17:55 - Hungary withdraws from International Criminal Court during Netanyahu visit 03/04 17:49 - Hungary will withdraw from ICC, government says during Netanyahu visit 03/04 17:37 - Israel Shifts Goal Posts in Gaza War 03/04 17:29 - Republican backlash to Trump tariffs grows as Senate rebels decry ‘bad policy’ 03/04 17:25 - Putin Envoy Says He’s in U.S. for Talks With Trump Administration 03/04 17:03 - Don’t weaken online safety laws for UK-US trade deal, campaigners urge 03/04 17:00 - UK politics: Starmer warns Trump’s US tariffs not just ‘short-term tactical exercise’ – as it happened 03/04 16:59 - Trump’s Trade War Risks Forfeiting America’s Economic Primacy 03/04 16:55 - Disneyland's "Season Of The Force" Is Back, And We're Geeking Out Over All These "Star Wars" Things You Need To Check Out 03/04 16:31 - Macron suggests pause on US investment as EU leaders condemn Trump tariffs 03/04 16:31 - Macron calls Trump’s tariffs ‘brutal and unfounded’ and warns France could suspend US investments – as it happened 03/04 16:18 - Hungary to pull out of ‘political’ ICC as Netanyahu visits Budapest 03/04 15:59 - Will Trump’s tariffs ignite a global trade war? Today in Focus Extra – podcast 03/04 15:59 - ‘Creating chaos and crisis’: Democrats slam Trump’s sweeping tariffs as global markets tumble – live 03/04 15:46 - US faces fiscal collapse – Michael Bloomberg 03/04 15:42 - Fire crews battle blazes across UK amid ‘very high to extreme’ risk for weekend 03/04 15:41 - Hungary says it will withdraw from ICC as Netanyahu arrives on its soil despite arrest warrant 03/04 15:40 - News24 | Trump's tariff onslaught hits Apple from all sides 03/04 15:38 - Hungary Says It Will Exit ICC as Netanyahu Visits 03/04 15:26 - Javier Milei, Trump’s ‘Favorite President,’ Has Few Deals to Offer — but Lots of Adoration 03/04 15:00 - Who’s winning the race for the Arctic’s resources? 03/04 15:00 - Who’s winning the race for the Arctic’s resources? 03/04 14:54 - ICC responds to Netanyahu’s Hungary visit 03/04 14:52 - Keir Starmer accuses Reform UK of ‘fawning over Putin’ 03/04 14:28 - White House explains Russia’s absence from tariff list 03/04 14:10 - 'Looney tariffs', 'Trump's dumb war': How the press reacted to 'Liberation Day' 03/04 13:34 - Russia excluded from Trump's sweeping tariffs list 03/04 13:33 - Trump's tariffs are about something more than economics: power 03/04 13:19 - Russia bans Elton John Aids Foundation over its support for LGBTQ+ rights 03/04 12:50 - Severe storms and tornadoes rip across US south and midwest, killing one person 03/04 12:43 - Saved from destruction: Paris show offers glimpse of Gaza’s archaeological treasures 03/04 12:16 - Netanyahu defies ICC with Budapest visit (PHOTOS) 03/04 11:47 - American consumers set to be the biggest losers in Trump’s trade wars 03/04 11:47 - American consumers set to be the biggest losers in Trump’s trade wars 03/04 11:32 - In NATO talks, Trump team puts onus on Europe to defend itself 03/04 10:55 - The Trade War Begins 03/04 10:24 - War with Iran ‘almost inevitable’ – France 03/04 10:23 - Roman-era battlefield mass grave discovered under Vienna football pitch 03/04 10:21 - Parts of UK set to be hotter than Algarve on Friday 03/04 10:17 - Trump announces sweeping tariffs, upending decades of US trade policy | First Thing 03/04 10:11 - Victorian man charged for allegedly threatening to kill politician days after AFP head warned of rising threats 03/04 10:08 - Israeli army's use of Studio Ghibli AI photo trend draws backlash 03/04 09:30 - 26 Cute Yet Comfy Shoes You'll Want To Add To Your Spring Wardrobe 03/04 09:23 - ‘Nothing is off the table’: World leaders react to Trump’s tariffs 03/04 09:23 - ‘Nothing is off the table’: World leaders react to Trump’s tariffs 03/04 09:17 - Zelensky playing ‘dangerous game’ with Trump – Moscow 03/04 09:13 - Asian countries riven by war and disaster face some of steepest Trump tariffs 03/04 08:53 - Putin’s economic envoy confirms US visit 03/04 07:45 - 29 Affordable Wardrobe Staples From Amazon You’re Going To Wear On Repeat 03/04 07:14 - Trump’s tariffs could deliver a $27bn blow to Australia – and the cost of a global trade war would be far higher 03/04 07:07 - Five key takeaways from Trump’s ‘Liberation Day’ reciprocal tariffs 03/04 07:07 - Five key takeaways from Trump’s ‘Liberation Day’ reciprocal tariffs 03/04 06:44 - ‘Game on’: Kim Williams has ‘no doubt’ a Coalition government would initiate a review of the ABC 03/04 06:24 - Israel's Netanyahu heads to Hungary, defying ICC arrest warrant 03/04 05:39 - Thursday briefing: What Israel’s new move to seize ‘large areas’ of Gaza means for the conflict 03/04 04:32 - Netanyahu Arrives in Hungary, Finding a Rare Welcome in Europe 03/04 04:01 - How Ukraine’s Environment Became a Casualty of Russia’s War 03/04 04:00 - Netanyahu visits Hungary as Orbán vows to defy ICC arrest warrant 03/04 03:59 - Ukraine conflict ‘on precipice of ceasefire’ – Trump envoy 03/04 03:40 - The Papers: 'World faces economic war' and 'TikTok talks' 03/04 03:36 - Russia-Ukraine war: List of key events, day 1,134 03/04 03:36 - Russia-Ukraine war: List of key events, day 1,134 03/04 02:57 - Hungary rolls out red carpet for Netanyahu and announces withdrawal from ICC 03/04 02:31 - ‘Same shit, different year’: Australia records hottest 12 months and warmest March on record 03/04 02:27 - Trump believes he needs Russia – ex-Ukrainian foreign minister 03/04 01:41 - Will Trump’s tariffs start a global trade war? 03/04 00:28 - US stocks plummet in after-hours trading as experts warn Americans could see higher costs – as it happened 02/04 23:52 - Asian markets set to open as world reels from Trump tariff announcement – business live 02/04 23:48 - Trump announces sweeping global tariffs, sparking a global trade war 02/04 23:35 - Trump goes full gameshow host to push his tariff plan – and nobody’s a winner 02/04 22:53 - ‘A historic moment’: Donald Trump unveils sweeping ‘reciprocal’ tariffs 02/04 22:53 - ‘A historic moment’: Donald Trump unveils sweeping ‘reciprocal’ tariffs 02/04 21:59 - How aid becomes a weapon in Myanmar's war zone 02/04 21:56 - Trump’s ‘sledgehammer’ approach may cause trade wars – financial analyst 02/04 21:51 - Trump announces sweeping new tariffs, upending decades of US trade policy 02/04 21:48 - Putin sends powerful economic envoy to court Trump administration 02/04 21:39 - What are tariffs and why is Trump using them? 02/04 21:33 - EU denies Russian news agency accreditation 02/04 20:59 - Millions Across U.S. at Risk for Significant Tornadoes and ‘Generational’ Flooding 02/04 20:59 - Trump hits UK with 10% tariffs as he ignites global trade war 02/04 20:48 - Military clash ‘almost inevitable’ if Iran nuclear talks fail, France says 02/04 20:48 - Military clash ‘almost inevitable’ if Iran nuclear talks fail, France says