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The Latest Breaking News from Economy

Dow and S&P drop as Trump's tariffs spark trade chaos on Wall Street

Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the US stock market may be taking the worst of it.

Euronews

The 2025 Subaru Forester Hybrid Makes So Much Sense: First Drive Review

The new Subaru Forester is a bit sluggish and it doesn’t have great fuel economy; The new Forester Hybrid solves both of those problems for not a whole lot more money. It’s a no-brainer.

Motor1

AI Could Impact 40 Percent Of Jobs Worldwide: UN

The global artificial intelligence market is projected to reach $4.8 trillion -- roughly the size of Germany's economy -- by 2033, the UN said Thursday, warning nearly half of jobs worldwide could be affected.

International Business Times

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Trump's Tariffs Sting Asian Giants, Including US Allies

Asia's manufacturing powerhouses were desperately seeking talks with Washington on Thursday after Donald Trump announced 10 percent "reciprocal" tariffs, and even more for some longtime US allies.

International Business Times

‘Nothing is off the table’: World leaders react to Trump’s tariffs

Analysts warn of price hikes and a potential recession in the US, where stock futures have dropped.

Al Jazeera

Liberation Day for Trump as he ‘drops nuclear bomb on the global trading system’

US president unleashes a blitz of tariffs — but the UK gets off relatively lightly

Evening Standard

Trump tariff announcements ‘deeply regrettable’, NI Economy Minister says

Caoimhe Archibald said she had already engaged with representatives of the UK and Irish governments on the issue.

Evening Standard

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UK economy set for significant tariff hit but avoids ‘direct blow’ – economists

Donald Trump slapped a 10% tariff on US imports of UK goods.

Evening Standard

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

How other countries retaliate matters hugely for how Australia’s economy weathers the storm of ‘liberation day’, experts say

The Guardian - AU

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 measures

The Guardian - UK

Livestock Theft Is Central To Jihadist Economy In West Africa

Musa was asleep in the village of Dusuman in northeast Nigeria when he was awoken by a sharp burst of gunfire and Boko Haram stole his main source of livelihood -- his livestock.

International Business Times

The Czech Republic's car giant Skoda is defying parent Volkswagen's downturn

Volkswagen-owned Skoda is defying a broader downturn for the German carmaker.

Fortune

'Major economic blow': EU and world leaders react to Trump's tariffs

US President Donald Trump’s announcement of a new 20% tariff on the European Union drew a sharp rebuke from European Commission President Ursula von der Leyen.

Euronews

What Donald Trump’s dramatic US trade war means for global climate action

US President Donald Trump’s new trade war will not only send shockwaves through the global economy – it also upsets efforts to tackle the urgent issue of climate change.

The Conversation

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AAP

Fiji among big Pacific losers under Trump tariffs

Fiji Water, one of the biggest bottled water brands in the US, will become more expensive after President Donald Trump hit Fiji with 32 per cent tariffs.

International Business Times

Financial Markets Tumble After Trump Tariff Announcement

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy.

Latin Times

Trump Mocked for Claiming Tariffs Would Have Prevented Great Depression: 'Make Everyone Poor Again'

The internet is mocking President Donald Trump for boasting about his impending tariffs, which experts say will do the opposite of grow the economy.

Evening Standard

Everything we know about Donald Trump's tariffs and how they will impact the UK

President Trump announced a ‘minimum baseline tariff’ of 10 per cent on countries to ‘help rebuild the US economy

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The Guardian - UK

Perilous and chaotic, Trump’s ‘liberation day’ endangers the world’s broken economy – and him

While the president has identified the need to do things differently, his strategy risks a slump, hitting the very Americans he claims to champion, says Guardian columnist Martin Kettle

The Independent UK

Trump claims U.S. industry ‘reborn’ as he imposes sweeping tariffs on his highly touted ‘Liberation Day’

President falsely claims that tariffs will be paid by foreign countries even though they are paid by American importers and passed on to consumers as higher prices

Fortune

Goldman Sach's David Solomon says despite uncertainty, U.S. economy is still in 'good shape'

David Solomon pointed to the country's 'huge, diverse, powerful economic engine' that can withstand shocks better than 50 years ago.

Barchart

Dollar Falls Ahead of President Trump’s Tariff Plans

The dollar index (DXY00 ) Wednesday fell by -0.42% and posted a 1-1/2 week low. The dollar is under pressure because of concerns that US tariffs will start a trade war that derails the economy. Also, a recovery in stock prices on Wednesday reduced liquidity demand for the dollar. Losses...

Reason

Javier Milei's Free Market Reforms Are Starting To Pay Off

As poverty and inflation plunge, Milei's reforms begin to reshape Argentina's economy.

The National (Scotland)

Council generates £27m for economy by transferring 'unwanted' buildings to community

The transferring of old and unwanted buildings from council to community ownership has generated an incredible £27 million for the Dumfries and…

Evening Standard

UK not ‘out of the woods’ on tariff hit even if deal is done with Trump – Reeves

The Chancellor said the UK would not indulge in ‘posturing’ over a possible response to Donald Trump’s tariffs.

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