Carmaker says action will allow it to consider how to mitigate cost of 25% tariff on imports
Jaguar Land Rover (JLR) will pause shipments of its UK-made cars to the US for a month as it considers how to mitigate the cost of Donald Trump’s tariffs.
The 25% tariff imposed by the US on imported cars and light trucks took effect on 3 April.
Continue reading...‘It is up to all of us to fix this,’ former president said in speech at Hamilton College in New York
Barack Obama has called on US citizens, colleges and law firms to resist Donald Trump’s political agenda – and warned Americans to prepare to “possibly sacrifice” in support of democratic values.
“It has been easy during most of our lifetimes to say you are a progressive or say you are for social justice or say you’re for free speech and not have to pay a price for it,” Obama said during a speech at Hamilton College in Clinton, New York, on Thursday.
Continue reading...White House has said US courts can’t order return of Kilmar Abrego Garcia, whose wife has been protesting outside court
A federal judge on Friday afternoon ordered the US to return a Maryland man mistakenly deported to an El Salvador prison after a Trump administration attorney was at a loss to explain what happened.
The wife of the man, who was flown to a notorious Salvadoran prison had earlier joined dozens of supporters at a rally before a court hearing on Friday, where his lawyers had asked the judge – Paula Xinis – to order the Trump administration to return him to the US.
Continue reading...Lawmakers say dismissing head of US Cyber Command puts country at risk at a time of ‘unprecedented cyber threats’
Top congressional Democrats are protesting against the reported firing of Gen Tim Haugh as director of the National Security Agency (NSA), with one lawmaker saying the decision “makes all of us less safe”.
Haugh and his civilian deputy at the NSA, Wendy Noble, have been dismissed from their roles, the Washington Post reported late on Thursday, with CNN reporting likewise, both outlets citing multiple unnamed officials and other senior sources close to the matter who had requested anonymity.
Continue reading...Figure up from 117,000 jobs added in February, far higher than expected, as unemployment rose slightly to 4.2%
The US added 228,000 jobs in March, far more than expected, as the US economy shook off the blow from the Trump administration’s deep cuts to federal workers.
The figure was up from an adjusted 117,000 jobs added in February. Unemployment rose slightly to 4.2%.
Continue reading...Nicholas Jacobs was immersed in party activities, even working to elect the Musk-favored candidate who lost
Archived social media posts from a student Republican operative, Nicholas Jacobs, who received a $1m check from Elon Musk, show that he was deeply immersed in Republican electioneering over the last year, working not only to elect Donald Trump but other party candidates in the state.
They included failed Wisconsin Republican senate candidate Eric Hovde; first-term congressman Tony Wied; incumbent Milwaukee Republican vice-chair Brett Galaszewski; and Brad Schimel, the state supreme court candidate whom Musk has spent $25m supporting.
Continue reading...Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade war
The International Monetary Fund (IMF) has warned that Donald Trump’s implementation of swingeing tariffs poses a “significant risk” to the global economy, as stock markets were hit by a punishing worldwide sell-off by investors.
Kristalina Georgieva, the managing director of the IMF, said it was important that the US and its trading partners avoided further escalating Trump’s trade war, while stock markets plunged on Friday as China retaliated against the tariffs.
Continue reading...Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcement
In the Pacific, Fiji is the hardest hit by Trump’s tariffs. It has been levied with a 32% tariff, Vanuatu at 22% and Nauru at 30%.
Fiji prime minister Sitiveni Rabuka said the move was akin to a “trade blockade” that his country could not win.
Today was the worst stock market experience in five years. Usually when you have a terrible stock market experience, it’s because a bank fails, a pandemic, a hurricane or because some other country does something.
We don’t have these kinds of stock market responses in response to policies that the President of the United States is proud of. That is something that is entirely without precedent. It is extremely dangerous.
If any administration of which I was a part had launched an economic policy so totally ungrounded in serious analysis or so dangerous and damaging, I would have resigned in protest.
Continue reading...Mette Frederiksen, who met island’s new and outgoing PMs, says she wants to cooperate with Trump on Arctic security
The Danish prime minister has put on a show of unity with Greenlandic leaders in her first visit to the Arctic island since Donald Trump’s renewed threats to acquire the territory, telling the US: “You cannot annex another country.”
Speaking onboard an inspection ship in front of a military helicopter, alongside Greenland’s new prime minister, Jens-Frederik Nielsen, and its outgoing prime minister, Múte B Egede, Mette Frederiksen switched from Danish to English to address the diplomatic standoff with the Trump administration.
Continue reading...Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade deal
Canada will retaliate against “unjustified, unwarranted” tariffs imposed by the United States with a 25% tax on US vehicles, says Mark Carney.
On Wednesday, Donald Trump announced wide-ranging tariffs on dozens of countries, but did not add new trade levies to Canada or Mexico. Despite the reprieve, however, the US has placed 25% taxes on Canadian steel, aluminum and vehicles.
Continue reading...Prime minister says tariffs will be ‘a challenge’ but UK is better placed with 10% rate than EU at 20%
Keir Starmer has told heads of business in Downing Street that “clearly there will be an economic impact” from US tariffs but that ministers would respond with “cool and calm heads”.
The prime minister gathered senior business figures in No 10 after Donald Trump announced he would introduce 10% blanket tariffs on imports from the UK, and 25% on car imports.
Continue reading...Nasdaq futures tumbled 3.3% and in after-hours trade as $760bn was wiped from the market value of ‘Magnificent Seven’ technology leaders
Stocks dived and investors scrambled to the safety of bonds, gold and the yen on Thursday as Donald Trump unveiled a bigger-than-expected wall of tariffs around the world’s largest economy, upending trade and supply chains.
The technology sector was pummelled as manufacturing hubs in China and Taiwan faced new tariffs above 30%. In total, China now faces an eye-watering 54% in tariffs on its exports to the US.
Continue reading...Resolution that would block tariffs passes 51-48 in Senate, in vote that shows Republican unease over president’s plans
Several Republican senators joined Democrats to pass a resolution that would block Donald Trump’s tariffs on Canada, a rare rebuke of the president’s trade policy just hours after he announced plans for sweeping import taxes on some of the country’s largest trading partners.
In a 51-48 vote, four Republicans – Susan Collins of Maine, Lisa Murkowski of Alaska and both Kentucky senators, the former majority leader Mitch McConnell and Rand Paul – defied Trump’s pressure campaign and supported the measure. Democrats used a procedural maneuver to force a vote on the resolution, which would terminate the national emergency on fentanyl Trump is using to justify tariffs on Canada.
Continue reading...There were charts and scores, as if The Price Is Right had come to Washington. The big prize? A global trade war
It was Jeopardy!, or The Price Is Right, come to Washington.
On an unseasonably chilly day in the White House Rose Garden, Donald Trump stood with a giant chart listing which reciprocal tariffs he would impose on China, the European Union, the United Kingdom and other hapless contestants.
Continue reading...Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth
Donald Trump has hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war that could wipe billions off economic growth.
The US president accused other nations, including allies, of “looting, pillaging, raping and plundering” the US, as he announced tariffs on economic rivals including 20% on the EU and 34% on China as part of what he dubbed “liberation day”.
Continue reading...Influential podcast host and prominent Trump supporter criticizes administration for removal of gay makeup artist
Joe Rogan, the influential podcast host and prominent supporter of Donald Trump, has criticized the president’s administration over the deportation of a professional makeup artist and hairdresser to a prison in El Salvador, calling it “horrific”.
Andry José Hernández Romero, who is gay, had sought asylum in the US, telling officials he faced persecution because of his sexual orientation and political views. But US immigration officers argued the crown tattoos on his wrists were proof he was part of Tren de Aragua, the Venezuelan gang, despite Hernández Romero telling them he was not. Last month, he was flown from Texas to a maximum-security prison in El Salvador, a facility that his lawyer said was “one of the worst places in the world”. His removal comes as the administration undertakes what Trump has pledged would be a mass deportation campaign.
Continue reading...Bloc’s options include retaliating with tariffs on US goods and services and forming closer ties with other countries
Donald Trump is getting ready to impose sweeping and immediate tariffs on all foreign goods, thereby unleashing a trade war and upending the multilateral trading system that the US helped to build after the second world war.
Here is how Europe might respond:
Continue reading...President’s plans have rattled global stock markets and triggered heated rows with US’s largest trading partners
Donald Trump will announce his latest round of tariffs at the White House on Wednesday, threatening to unleash a global trade war on what he has dubbed “liberation day”.
Trump has rattled global stock markets, alarmed corporate executives and economists, and triggered heated rows with the US’s largest trading partners by announcing and delaying plans to impose tariffs on foreign imports several times since taking office.
Continue reading...Anti-Houthi air campaign, details of which were revealed in Signal scandal, has brought further destruction to country
A ramped-up US bombing campaign on Yemen has killed civilians and brought further destruction and uncertainty to the poorest country in the Middle East, compounding an already dire situation after Donald Trump cut aid, according to local people, humanitarian workers and rights groups.
“Now the rampant bombing has started, you never know which way things will go,” said Siddiq Khan, who works as a country director in Yemen for the aid charity Islamic Relief.
Continue reading...The US-Canadian dual citizen speculates he may be ‘barred or put in jail to sleep on a cement floor’ after his European tour, after years of speaking against Trump
Neil Young has shared his concerns of being barred from the US after his European tour later this year, thanks to his outspoken critiques of Donald Trump.
On Tuesday, on his website Neil Young Archives, the 79-year-old musician – who has dual Canadian-American citizenship – wrote of his fears after the recent spate of people being detained and deported upon entering the US. These incidents have been credited to vague or unspecified visa issues, but have frequently affected individuals who have criticised the Trump administration either publicly or in messages on their phone read by immigration officers.
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