Iran says talks with US will be indirect, contrary to Trump’s words

US president had trailed ‘direct talks’ and said Iran would be in ‘great danger’ if they failed

Iran, wrongfooted by Donald Trump’s revelation that “direct talks” between the US and Iran on its nuclear programme are set to start in Oman on Saturday, insisted the talks would actually be in an indirect format, but added that the intentions of the negotiators were more important than the format.

Trump on Monday threw Tehran off guard by revealing the plan for the weekend talks and saying that if the talks failed Iran would be in “great danger”. There has been an unprecedented US military buildup across the Middle East in recent weeks, and Trump’s decision to make the talks public looks designed to press Iran to negotiate with urgency.

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How Trump tariffs could push Vietnam into the arms of China

The move has sent shock waves through a region of US strategic importance that had respected Trump as tough on Beijing

Vietnam had tried to appease Donald Trump: tariffs on US goods were reduced; regulations were passed to allow Elon Musk’s SpaceX to launch its Starlink in the country. The prime minister, Pham Minh Chinh, even joked in January that he would happily “play golf all day long” at Trump’s Mar-a-Lago home in Florida if it could “bring benefits to my country and my people”.

The strategies do not appear to have worked. Trump has inflicted an extraordinary 46% tariff on Vietnam that threatens to devastate its economic growth plans and undermine relations between the two countries. The tariff has sent shock waves through Vietnam, a manufacturing powerhouse where Trump has always been fairly popular, and across south-east Asia.

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US workers feel effects of Trump cuts: ‘I am seeing my work dry up’

President’s effort to rapidly shrink federal government is already reaching private sector as recession fears loom

Americans are grappling with climbing costs, falling sales and dwindling work as Donald Trump moves to overhaul the federal government and economy.

As the US president pushes forward with an array of controversial policies, from sweeping cuts to blanket tariffs, the Guardian asked US workers how they have been affected. Some requested anonymity for fear of retaliation.

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US Supreme Court clears way for Alien Enemies Act deportations – but migrants must get court hearing | First Thing

Family members of many deported Venezuelans deny alleged gang ties. Plus, global executions hit 10-year high in 2024

Good morning.

The supreme court on Monday allowed the Trump administration to use an 18th-century wartime law to deport Venezuelan people, but said they must get a court hearing before they are taken from the US.

What was the reaction? Lee Gelernt, an attorney with the American Civil Liberties Union, which filed suit against the deportations, said the court’s ruling that deportees were entitled to due process was an “important victory”. Donald Trump posted: “The Supreme Court has upheld the Rule of Law in our Nation by allowing a President, whoever that may be, to be able to secure our Borders, and protect our families and our Country, itself. A GREAT DAY FOR JUSTICE IN AMERICA.”

What did Beijing say on Tuesday? China’s commerce ministry accused the US of “blackmail” and said Trump’s threats of additional 50% tariffs if Beijing did not reverse its own 34% reciprocal tariff were a “mistake on top of a mistake”.

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Bank ‘should cut UK interest rates to at least 4% in May amid tariff turmoil’

Ex-Bank of England deputy governor Charlie Bean says cut of 0.5 points needed because of ‘crazy situation’ in US

The Bank of England should use its meeting next month to cut interest rates by at least half a percentage point to 4% in response to the financial turmoil created by Donald Trump’s trade tariffs, the former deputy governor Charlie Bean has said.

He believes an aggressive strategy is needed to combat the fallout from Trump’s tariff war, which has knocked trillions of pounds off global stock markets, undermining business and consumer confidence.

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Netanyahu discusses Gaza and tariffs with Trump at White House meeting

President says the pair had a ‘great discussion’ while prime minister says Israel will eliminate trade deficit with US

The Israeli prime minister, Benjamin Netanyahu, met with Donald Trump on Monday for the second time since the US president’s return to office, marking the first effort by a foreign leader to negotiate a deal after Trump announced sweeping tariffs last week.

Speaking alongside Trump in the Oval Office, Netanyahu said Israel would eliminate the trade deficit with the US. “We intend to do it very quickly,” he told reporters, adding that he believed Israel could “serve as a model for many countries who ought to do the same”.

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Trump says US ‘having direct talks’ with Iran over nuclear deal

President, sitting in Oval Office with Benjamin Netanyahu, warns Tehran of ‘great danger’ if talks are not successful

Donald Trump has announced that the US is to hold direct talks with Iran in a bid to prevent the country from obtaining an atomic bomb, while also warning Tehran of dire consequences if they fail.

Sitting beside Israel’s prime minister, Benjamin Netanyahu, in the Oval Office, Trump indicated that discussions would start this coming weekend, though he also implied communications had already begun.

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Rightwing group backed by Koch and Leo sues to stop Trump tariffs

New Civil Liberties Alliance says president’s invocation of emergency powers to impose tariffs is unlawful

A libertarian group backed by Leonard Leo and Charles Koch has mounted a legal challenge against Donald Trump’s tariff regime, in a sign of spreading rightwing opposition to a policy that has sent international markets plummeting.

The New Civil Liberties Alliance filed a suit against Trump’s imposition of import tariffs on exports from China, arguing that doing so under the International Emergency Economic Powers Act (IEEPA) – which the president has invoked to justify the duties on nearly all countries – is unlawful.

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UK politics: Starmer sticks by manifesto pledge not to raise taxes amid tariff turmoil – as it happened

Prime minister says ‘no one is pretending tariffs are good news’ during speech on car industry

In his Times article Keir Starmer describes the Trump tariffs as “the beginning of a new era”. He has been saying this at least since last Thursday, when he spoke about the tariffs at a Q&A with journalists at Labour’s local elections campaign launch. The speech this afternoon is being described as the PM’s most considered response so far to the global economic turmoil generated by the tariffs, but we have already heard quite a lot from Starmer on this topic already, in a Sunday Telegraph article yesterday and in No 10 briefings on the calls he had with world leaders about the situation over the weekend.

Is there a coherent strategy? On the basis of what he has said so far, there are at least five elements in the mix at the moment.

John Ryan is a local hero and we are truly humbled that he has publicly endorsed Reform UK ahead of May’s elections in Doncaster.

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Trump threatens additional 50% tariffs on China over retaliatory levies

President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fall

Donald Trump has threatened to impose an additional 50% tariff on imports from China on Wednesday unless the country rescinds its retaliatory tariffs on the United States by Tuesday.

The news comes on the third day of catastrophic market falls around the globe since Trump announced his trade war last Wednesday with tariffs on the US’s trading partners.

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Caribbean is friend of US, not an enemy, tariff-hit regional leaders tell Trump

Barbados PM and Caricom chair calls on Washington to engage in talks to ‘keep prices down for all of our people’

The Caribbean is a friend, not an enemy, leaders in the region have told Donald Trump after the US president’s imposition of worldwide import tariffs.

The prime minister of Barbados, Mia Mottley, invited Trump to talk with leaders in the region and “work together to keep prices down for all of our people”, adding: “I say simply to President Trump: our economies are not doing your economy any harm in any way. They are too small to have any negative or distorted impact on your country.”

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Falling Australian dollar spells bad news for travellers and shoppers

The value of one Australian dollar dropped to a low of 59.64 US cents, its lowest point since April 2020

Consumers and travellers will face higher prices after the Australian dollar fell to Covid-era lows, as markets reel from Donald Trump’s “liberation day” tariff plan.

Fears of a global recession dragged the Australian dollar sharply lower on Monday against the country’s major trade partners and to its lowest point against the Euro, pound and US dollar since 2020.

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Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says.

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Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says.

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Asian share markets routed in early trading as Trump says ‘you have to take medicine’

US president tells reporters the levies are ‘medicine to fix something’ as Nikkei tumbles nearly 9% in early trading, worsening huge losses from last week’s announcement

Donald Trump said foreign governments would have to pay “a lot of money” to lift sweeping tariffs that he characterised as “medicine,” as markets in Asia plunged in early trading on Monday.

Speaking to reporters aboard Air Force One late on Sunday, the US president indicated he was not concerned about market losses that have already wiped out nearly $6tn in value from US stocks. “I don’t want anything to go down. But sometimes you have to take medicine to fix something,” he said.

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Asian share markets routed in early trading as Trump says ‘you have to take medicine’

US president tells reporters the levies are ‘medicine to fix something’ as Nikkei tumbles nearly 9% in early trading, worsening huge losses from last week’s announcement

Donald Trump said foreign governments would have to pay “a lot of money” to lift sweeping tariffs that he characterised as “medicine,” as markets in Asia plunged in early trading on Monday.

Speaking to reporters aboard Air Force One late on Sunday, the US president indicated he was not concerned about market losses that have already wiped out nearly $6tn in value from US stocks. “I don’t want anything to go down. But sometimes you have to take medicine to fix something,” he said.

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US attorney general says Trump likely ‘going to be finished’ after second term

Pam Bondi, Trump loyalist and top law enforcement official, expresses skepticism about recent third-term talk

Pam Bondi, the US attorney general, has expressed skepticism about the idea of Donald Trump serving a third term in the White House, saying that when her boss’s current presidency ends on 20 January 2029, he is probably “going to be finished”.

Bondi’s comments come just a week after Trump gave his most blunt indication yet that he was seriously considering trying for a third term to follow up ones that began in 2017 and this past January – despite the clear prohibition against doing so enshrined in the US constitution.

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DoJ lawyer put on leave after not backing erroneous deportation of Maryland man

Erez Reuveni no longer on Kilmar Abrego Garcia case after not ‘vigorously’ defending Trump administration

A federal justice department attorney has been placed on leave by the Trump administration for purportedly failing to defend the administration vigorously enough after it says it erroneously deported a Maryland man to El Salvador, which a US judge called a “wholly lawless” detention.

The action against justice department lawyer Erez Reuveni came after US district judge Paula Xinis had ordered that Kilmar Abrego Garcia, a Salvadoran immigrant who lived in the US legally with a work permit, be returned to Maryland despite the Trump administration’s position that it cannot return him from a sovereign nation.

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Senior Trump officials give conflicting lines on tariffs after markets turmoil

Commerce secretary insists on CBS that tariffs will ‘stay in place’ as treasury secretary tells NBC negotiation is possible

Senior officials within Donald Trump’s administration gave conflicting messages on Sunday about the US president’s global tariffs that have caused a meltdown in stock markets, prompted warnings of a world recession and provoked rare expressions of dissent from within his Republican party.

Cabinet members fanned out across Sunday’s political talk shows armed with talking points on Trump’s 10% across-the-board tariff on almost all US imports, with higher rates targeted at about 60 countries. If the intention was to calm nerves with a clear statement of intent, then it backfired as top officials gave starkly contrasting signals.

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Senior Trump officials give conflicting lines on tariffs after markets turmoil

Commerce secretary insists on CBS that tariffs will ‘stay in place’ as treasury secretary tells NBC negotiation is possible

Senior officials within Donald Trump’s administration gave conflicting messages on Sunday about the US president’s global tariffs that have caused a meltdown in stock markets, prompted warnings of a world recession and provoked rare expressions of dissent from within his Republican party.

Cabinet members fanned out across Sunday’s political talk shows armed with talking points on Trump’s 10% across-the-board tariff on almost all US imports, with higher rates targeted at about 60 countries. If the intention was to calm nerves with a clear statement of intent, then it backfired as top officials gave starkly contrasting signals.

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