Author: INDEPENDENT

Sir Keir agrees with new Canada PM trade war ‘in no-one’s interest’A Downing Street spokesperson said:“The Prime Minister spoke to the Prime Minister of Canada Mark Carney this evening.“They discussed their commitment to working together to maintain global economic stability in the wake of the announcement from the United States this week. “An all-out trade war is in no-one’s interest, they agreed.“Both agreed on the importance of free and open trade between like-minded nations, and the Prime Minister stated that trading blocs such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership will be important in this new global era.“Prime…

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…

Trump’s tariffs in numbers: The biggest losers amid escalating US trade warWorld leaders were hit with an escalation in the US trade war as Donald Trump unveiled a swathe of tariffs on imported goods affecting nearly every country.On so-called “Liberation Day”, the United States president announced that almost all imported goods would be hit with blanket tariffs, in an effort to increase homegrown production and reduce trade imbalances.Most countries that trade with the US will be subject to a minimum 10 per cent tariff from April 5, including the United Kingdom, with dozens of nations facing levies as high as…

‘There will be blood’: JP Morgan forecasts 60 per cent chance of global recession this yearAs global markets roil in the wake of Donald Trump’s global tariffs, investment bank JP Morgan has said it now sees a 60 per cent chance of the global economy entering recession by year end – up from 40 per cent previously.In a note titled, “There will be blood,” chief economist Bruce Kasman said the so-called “Liberation Day” tariffs amount to the largest tax hike since 1968.“The effect of this tax hike is likely to be magnified – through retaliation, a slide in US business…

Ask John Rentoul anything in Q&A on Trump’s tariffs, Brexit and moreWith Donald Trump’s new tariffs affecting UK exports, Keir Starmer’s government faces critical decisions.What does this mean for Britain’s economy and post-Brexit trade? How will it impact UK-US and UK-EU relations?Athena Stavrou4 April 2025 06:00Japan says Trump’s tariffs a ‘national crisis’Prime minister Shigeru Ishiba said this morning that tariffs imposed on Japanese goods by US president Donald Trump are a “national crisis”.Japan, one of the United States’ biggest trading partners and its largest foreign investor, was hit by a 24-percent levy.The levies “can be called a national crisis and…

Japanese lawmaker says Trump tariffs ‘may spell economic crisis’Tariffs imposed by Donald Trump may spell a big economic crisis for Japan, a senior lawmaker in the ruling Liberal Democratic Party (LDP) said.”I personally feel that this may become a big economic crisis for Japan,” LDP policy chief Itsunori Onodera said yesterday, according to Japan Times.”Especially given the breadth of the supply chain of the auto industry, I think this will become an enormous problem that will have an impact on all regions across Japan,” he said, referring to the 25 per cent auto levy that has already been announced by…

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…