Global markets in turmoil as Trump tariffs wipe $2tn off Wall Street | Global economy

Global financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the world’s biggest companies and heightened fears of a US recession. As world leaders reacted to the US president’s “liberation day” tariff policies demolishing the international trading order, about $2tn (£1.5tn) was wiped … Read more

Danish PM tells US ‘you cannot annex another country’ on visit to Greenland | Greenland

The Danish prime minister has put on a show of unity with Greenlandic leaders in her first visit to the Arctic island since Donald Trump’s renewed threats to acquire the territory, telling the US: “You cannot annex another country.” Speaking onboard an inspection ship in front of a military helicopter, alongside Greenland’s new prime minister, … Read more

Giving Noel Clarke a Bafta would have made him ‘untouchable’, court hears | UK news

The Guardian’s sources for sexual misconduct allegations against Noel Clarke feared an honorary award from Bafta would make him “untouchable” and increase the severity of his behaviour, the high court has heard. Sirin Kale, a co-author of the series of articles about the Doctor Who actor, said she did not believe that the sources collectively … Read more

Don’t weaken online safety laws for UK-US trade deal, campaigners urge | Internet safety

Child safety campaigners have warned the government against watering down landmark online laws as part of a UK-US trade deal, describing the prospect of a compromise as an “appalling sellout” that would be rejected by voters. A draft transatlantic trade agreement contains commitments to review enforcement of the Online Safety Act, according to a report … Read more

Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney | Canada

Canada will retaliate against “unjustified, unwarranted” tariffs imposed by the United States with a 25% taxes on US vehicles, says Mark Carney. On Wednesday, Donald Trump announced wide ranging tariffs on dozens of countries, but did not add new trade levies to Canada or Mexico. Despite the reprieve, however, the US has placed 25% taxes … Read more

Donald Trump ordered to pay £626,000 legal costs after Steele dossier lawsuit | Donald Trump

Donald Trump has been ordered by a judge in England to pay more than £620,000 in legal costs after unsuccessfully suing a company over denied allegations he took part in “perverted” sex acts. The US president brought a data protection claim against Orbis Business Intelligence, a consultancy founded by a former MI6 officer, Christopher Steele, … Read more