All the latest analysis of the day's news and stories
So were Donald Trump’s tariffs a negotiating tactic all along – never intended to come into force but rather as a shock tactic to bring other governments to the negotiating table? That was a popular theory before ‘Liberation Day’, but one rather snuffed out by the severity of the tariffs announced and the realisation that
Two days ago, talk of a 90-day pause on Donald Trump’s ‘recipricoal tariffs’ was branded ‘fake news’ by the White House. This afternoon, the President has confirmed a 90-day pause on the higher tariff rates on all countries apart from China. ‘Based on the lack of respect that China has shown to the World’s Markets,
China hit back on Wednesday with an additional 50 per cent tariff on US imports, matching the extra levy imposed overnight by Donald Trump on Chinese goods. That made the running totals 104 per cent so far from Washington, vs 84 per cent from Beijing, prompting one analyst to compare them to two racing cars driving straight
A Harley-Davidson will cost you a little more in France; Florida orange juice will be more expensive in Germany and American soybeans will go up in price everywhere across Europe. The European Union has decided to start taking the fight back to President Trump with a round of retaliatory tariffs. The trouble is, it is
We are all betrayed by our body language eventually. It’s our inner quisling, itching to expose to the world the feelings our more sentient side would prefer to keep hidden. Yesterday it was Jess Phillips’s turn to be snitched on by her own mannerisms. The surliness with which she listened to MPs speak about the
Today, the CDU’s Friedrich Merz has signed a coalition agreement with the Social Democrats. In doing so he has formalised the most spectacular betrayal of centre-right voters in modern German history. The document might as well be written in red ink, given how thoroughly the SPD has dominated the negotiations despite suffering their most catastrophic electoral defeat
On Tuesday, the United States Senate Committee on Finance met to question Jamieson Greer, Donald Trump’s Trade Representative. The subject – a masterpiece of senatorial understatement and restraint – was ‘The President’s 2025 Trade Policy Agenda‘. What it meant, of course, was the sweeping and stringent tariffs unveiled by the President in the shabbily glitzy
The Labour party’s long flirtation with extending the franchise to 16-year-olds smoulders on. As Starmer told this week’s Liaison Committee: ‘We will definitely get it done, it’s a manifesto commitment and we intend to honour it.’ If true, this will be the largest change to the electorate since 1969 when the voting age was reduced
Anyone who thought that government bonds would provide a safe haven from the turmoil on global stock markets has just had a rude awakening. While bond yields initially fell after Donald Trump’s ‘Liberation day’, yesterday they rebounded, with the yield on 10-year US Treasury bonds hitting 4.5 per cent – higher than they were before
To Sir Ed Davey’s Liberal Democrats. The fun-loving party made headlines during the general election campaign after its party leader was pictured on paddleboards, waterslides and even a bungee jump during the lead-up to the July poll. But while the party’s strategy appeared all fun and games from afar, the Lib Dems were working far
As if Prime Minister Keir Starmer didn’t have enough to worry about overseas with Donald Trump’s tariffs, now old tensions are also threatening to cause problems closer to home. The British Medical Association has announced today that its junior doctors – now referred to as ‘residents’ – have re-entered a dispute with the government over
In January, the Home Secretary pledged £5 million for five locally led inquiries into ‘grooming gangs’, in the wake of public outcry led by the richest man on the planet Elon Musk. Yesterday, on the last day before Easter recess, the government watered down its promise to victims and survivors of rape gangs. The £5
China has announced it will impose 84 per cent tariffs on US goods imports from tomorrow, as the war of words and levies between the world’s two largest economies escalates. The new measures – 50 per cent on top of the 34 per cent already imposed by Beijing’s finance ministry – are a like for
It’s a story so wild as to be almost unbelievable. Kerri Pegg was a ‘rising star’ of the prison service, promoted to governor at the open jail HMP Kirkham just six years after joining as a graduate trainee. And yet she was also in a relationship with a prisoner, Anthony Saunderson, serving ten years for
13 min listen
Trump’s levies have kicked in today: including an astonishing 102 per cent tariff on China – after it missed the deadline to withdraw its retaliatory tariffs – and 20 per cent on the European Union. The combination of these explosive tariffs has sent markets sliding once again. This follows a slight recovery in the markets
Hands up: who still supports net zero 2050? This is rapidly becoming a sensible question to ask. Kemi Badenoch for the Tories suggested three weeks ago that it simply couldn’t be done: since then her shadow energy secretary Andrew Bowie has confirmed on GB News, no doubt with her say-so, that the party has indeed dropped
We do not know exactly how many girls have been raped by so-called ‘grooming gangs’. We do not know the full extent of police and local authority involvement in covering up these rapes. We do not know where these rapes are still continuing. We do not, in reality, know anything beyond the facts of the
Hypocrisy is in the air this morning! As the tariff war between China and the US rages on, Sir Keir Starmer is hoping to avoid taking retaliatory action over Donald Trump’s Liberation Day tariffs – and instead negotiate a transatlantic trade deal with his American counterparts. But while Starmer’s army now insists coming to an
I try to avoid expressing strong opinions on foreign party politics, because I enjoy the luxury of not having to. From an outside perspective, American politics seems dominated by two quite extreme fringes, the only difference being that the mad things believed by Democrats tend to be aped by British elites, and therefore have an impact
The Irish government has spent a lot of time trying to reassure voters that they have little to fear from any economic realignment with America. Now it is openly acknowledging the uncomfortable truth: that more than any other EU member state, Ireland is in a remarkably precarious position following Donald Trump’s imposition of tariffs. Internal
Thank God for Katie Lam. Yesterday the government tried to conduct a grubby betrayal of thousands of young girls groomed and raped in towns and cities across the country. On the last day parliament sat before the Easter recess, Jess Phillips, the junior minister for safeguarding and violence against women and girls spoke to an
At the beginning of the debut episode of Meghan Markle’s new podcast, she is keen to assert her own identity. After flirting with tradwifedom in her most recent Netflix show With Love, Meghan, she is now casting off her brief nomenclature of ‘Meghan Sussex’, but nor should you refer to The Artist Formerly Known As The Duchess
Presumably, some future government will have to reverse the ban on the sale of new petrol and diesel vehicles in Britain. The country quite obviously lacks anything like the necessary charging infrastructure for a wholesale switch to electric for the national vehicle fleet in the foreseeable future. Let alone sufficient generation capacity at peak times.
Yes, as Wes Streeting says, it is ‘unacceptable’ for rubbish to be left piling up on the streets of Birmingham as the binmen go on strike. But neither he nor all the other government figures complaining about the strike should forget its cause. It is the fallout of Birmingham City Council going bust as a
Donald Trump’s announcement of huge levies on all the US’s major trading partners has triggered a global stock market meltdown, which may soon be followed by a full-blown recession. Almost no mainstream economist, and certainly none who believes in free markets and free trade, has a good thing to say about Trump’s tariffs. Yet there
With the imperial pomposity of an old colonial governor, David Lammy has ‘made clear’ to the Israelis that denying entry to Labour MPs Abtisam Mohamed and Yuan Yang is ‘no way to treat British Parliamentarians’. Bloody natives, getting ideas above their station again. Any more of this nonsense, chaps, and you’ll be summoned to High Commissioner Lammy’s office for a jolly
Elon Musk strikes again! The tech billionaire and co-leader of Donald Trump’s Department of Government Efficiency has lashed out for a second time at the President’s top trade adviser Peter Navarro as tensions over tariffs ramp up in the White House. Now Musk has blasted Navarro as ‘dumber than a sack of bricks’ and ‘truly
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Parliament is about to go into recess for the Easter holiday and so – as is customary – Keir Starmer sat in front of the Liaison Committee this afternoon, where he was grilled on topics including tariffs, defence and welfare. This comes on the day when there has been a momentary reprieve in the markets,
To the Commons, where Prime Minister Keir Starmer is speaking to the Liaison Committee before the House rises for Easter recess. The PM has spent much of this afternoon fending off questions on growth, healthcare and British industry – but it was on his government’s recently proposed welfare cuts that the Labour leader went on
A biotech company claims it has facilitated the first howl of the dire wolf (an extinct canine) heard for 10,000 years. And there’s a video. A scientist holds up two white-coated cubs in his arms. Although their howling, really, is more like a series of yelps, they are meant to be the first of something
Labour has evidently not learned from its recent troubles with the Sentencing Council over guidelines which risked undermining the very foundations of the criminal justice system. The government now has plans to create a new enforcement body to tackle ‘pay discrimination’ against ethnic minorities and disabled people. The equalities minister, Seema Malhotra, has set up a
The FTSE-100 is up by a couple of hundred points. Germany’s DAX has added 400 points, and in Tokyo the Nikkei 225 rose by 6 per cent overnight. After the wild trading ever since President Trump announced the imposition of huge tariffs on all of America’s major trading partners, some stability appears to have returned
When Donald Trump unveiled his table of tariffs in Washington last week, there was one country that was conspicuously absent from his list: Russia. The White House’s argument was that there was no point slapping tariffs on trade with Moscow because the existing sanctions in place against it meant there was negligible bilateral trade going
China has accused Washington of ‘blackmail’ and said it will ‘fight to the end’ after Donald Trump threatened overnight to impose an additional 50 per cent tariff on Chinese imports. At the same time, President Xi Jinping is seeking to present himself as a responsible champion of the international trading system and defender of globalisation