Starmer warns ‘world as we knew it has gone’ as countries mull tariff responses – live updates

PM says he will use policy to shelter British businesses following the stock market turmoil prompted by Trump’s announcement

Starmer orders economic reset amid Trump’s tariff mayhem

Welcome back to our live coverage of the economic fallout from Donald Trump’s announcement of sweeping tariffs last week.

Almost $5tn (£4tn) was wiped off the value of global stock markets after the US president made his shock announcement last Wednesday, which included a 10% base tariff on imports into the US from the UK.

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‘There is no ceasefire. Attacks are ongoing’: how Putin’s envoy played US over Ukraine

White House welcome for key member of Russian president’s inner circle raises fears over America’s commitment to peace

Kirill Dmitriev’s meetings with US officials in the White House last week went largely below the radar. And deliberately so.

The dapper investment envoy to Russian president Vladimir Putin, who also serves as a key negotiator for Moscow on Ukraine, posted an image of his flight plan on social media to make the point that a senior sanctioned Russian official was being welcomed by the Trump administration. Otherwise, details of what was discussed remain opaque.

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Netanyahu heads to Washington to talk tariffs and Gaza with Trump

Tariff discussions would make Netanyahu the first foreign leader to travel to Washington in an attempt to negotiate a better deal

The Israeli prime minister, Benjamin Netanyahu, is set to travel to Washington to meet with US president Donald Trump to discuss issues including tariffs, Gaza and the “Iranian threat”, his office has confirmed.

The meeting will take place on Monday, a White House official said on the condition of anonymity.

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Cory Booker urges action in first event since historic speech: ‘This is a moment for America’

Democratic senator calls on voters to get creative in pushing back against Trump at town hall in New Jersey

The Democratic senator Cory Booker took a version of his record-breaking Senate floor speech on the road Saturday to a town hall meeting in a New Jersey gymnasium, calling on people to find out what they can do to push back against Donald Trump’s agenda.

Booker took questions at suburban New Jersey’s Bergen Community College the same day that more than 1,200 “Hands Off” demonstrations took place around the country. The town hall event was punctuated both by celebratory shouts of “Cory, Cory” as well as at least a half-dozen interruptions by protesters.

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‘Hands Off’ protests take off across US and Europe to oppose Trump agenda – as it happened

Protesters gather at more than a thousand events across the US and in cities abroad, such as London, Berlin and Paris. This blog is now closed.

Hundreds of protesters gathered in central London on Saturday as part of global demonstrations against Donald Trump’s administration.

Crowds gathered in Trafalgar Square with banners that read “No to Maga hate” and “Dump Trump”. The rally is one of hundreds of so-called “Hands Off” demonstrations around the world – including in cities across the US, Paris and Berlin.

We see the foundations of our society, social security, Medicare, Medicaid, the very safety nets that people have fought for, for generations, to ensure that our country lives up to its promise, are being targeted by the billionaires and the oligarchs and the corporations.

This insidious rise of authoritarianism is fueled by corrupt billionaires and mega corporations who believe that they have the right to control every aspect of our lives, our healthcare, to our schools, to our thoughts, to our very free speech under the false banner of patriotism and freedom …

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Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession

Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plunge

Ted Cruz, the US senator from Texas, has warned that his fellow Republicans risk a “bloodbath” in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs cause a recession.

Cruz also warned that the president’s tariffs, if they stay in place for long and are met by global retaliation on American goods, could trigger a full-blown trade war that “would destroy jobs here at home, and do real damage to the US economy”.

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Jaguar Land Rover pause US shipments to assess impact of Trump’s tariffs

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.

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Barack Obama calls on Americans to defend democratic values in face of Trump agenda

‘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.

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Federal judge rules return of Maryland man mistakenly deported to El Salvador prison

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 Xinisto order the Trump administration to return him to the US.

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Democrats decry reported dismissal of NSA director Tim Haugh

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.

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US added 228,000 jobs in March despite Trump’s deep cuts to federal workforce

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%.

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Wisconsin recipient of $1m from Musk was active in Republican campaigning

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.

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IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

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.

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Asian markets drop further as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

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.

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Danish PM tells US ‘you cannot annex another country’ on visit to Greenland

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.

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Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney

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.

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UK ministers will respond to US tariffs with ‘calm heads’, Starmer tells business chiefs

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.

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Trump tariffs see stocks dive and investors scramble to bonds, gold and yen

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.

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Republicans join Democrats in Senate vote to rescind Trump Canada tariffs

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.

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

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.

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