Economists told Newsweek that the U-turn was likely a response to the ongoing rout in the stock market, as well as the troubling selloff of U.S. government Treasurys. The administration has presented ...

The announcement of Donald Trump's so-called "reciprocal tariffs" on 2 April - what he called "liberation day" - sent a shockwave through the global trading system and financial markets. And the ...

President Donald Trump announced a 90-day pause on all tariffs except for those against China, which he said would now rise to 125%.