How will the ECB respond to Trump’s trade war?
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No retreat on tariffs, Trump promised. Hours later, he blinked
As the economic and political pressure became unbearable, the US president changed course – but has the damage been done?
He vowed: “My policies will never change.” He insisted: “Sometimes you have to take medicine to fix something.” He boasted: “I know what I’m doing.” And at 9.33am on Wednesday, he entreated: “BE COOL. Everything is going to work out well.”
But less than four hours later, Donald Trump blinked. As the economic and political pressure became unbearable, the US president announced on social media that he would pause for 90 days higher trade tariffs for most countries, excluding China.
Why did the UK rush to save British Steel and what happens next?
The government now has the tricky task of running a costly and complex industrial operation
Faisal Islam: Trump’s iPhone olive branch is a significant trade war retreat
Exempting electronics from US tariffs is a stunning about-turn by the Trump administration after 10 days of chaos.
Reynolds refuses to say if steel furnaces can keep running
The government took control of the steelworks to prevent Chinese owners Jingye shutting down production.
After this, what more proof does Britain need that it cannot ‘cosy up’ to Trump? | William Keegan
With the US disengaging from its traditional relationship with Europe, we need to abandon our ‘red lines’ and rekindle ties with our neighbours
Alas: that the infantile wrecker in the White House has “blinked” may be some relief; but the damage he is wreaking on his own country and the rest of us persists.
Amid the chaos, conspiracy theories abound. Is Trump a “useful idiot” of even darker forces? What has Putin got on a president who succeeds a long line of (mostly) admirable predecessors, who saw Russian leaders as enemies with whom they had to coexist, not as friends?