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15.06.2025Day Trump Tariffs Crashed Markets As World Prepared Retaliation

Trump's tariff announcement dominated coverage, with Asian markets tumbling overnight following his "Liberation Day" policy implementing a 10% baseline tariff on all countries including the UK, 20% on EU, and potentially up to 50% on others. By morning, Prime Minister Starmer acknowledged these would "clearly hit UK economy" as markets plunged.

By midday, the UK revealed a 400-page list of US products for potential retaliatory tariffs, with Starmer saying "nothing is off the table." As US markets opened, Wall Street experienced its steepest drop since 2020, with reports of "trillions wiped off" despite Trump claiming "markets are going to boom."

The EU, China, and Canada all vowed countermeasures, with Germany's Chancellor calling it an "attack on the global trade order." Media also covered a tourist arrested for leaving a Coke can with an isolated tribe, and reports questioning Lucy Letby's murder convictions. HEBREWSUMMARY: Not applicable LOCALSUMMARY: Trump's tariff announcement dominated coverage, with Asian markets tumbling overnight following his "Liberation Day" policy implementing a 10% baseline tariff on all countries including the UK, 20% on EU, and potentially up to 50% on others. By morning, Prime Minister Starmer acknowledged these would "clearly hit UK economy" as markets plunged.

By midday, the UK revealed a 400-page list of US products for potential retaliatory tariffs, with Starmer saying "nothing is off the table." As US markets opened, Wall Street experienced its steepest drop since 2020, with reports of "trillions wiped off" despite Trump claiming "markets are going to boom."

The EU, China, and Canada all vowed countermeasures, with Germany's Chancellor calling it an "attack on the global trade order." Media also covered a tourist arrested for leaving a Coke can with an isolated tribe, and reports questioning Lucy Letby's murder convictions.
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HuffPost UK

MAYDAY! MAYDAY!

UK Warns Trump Of Tariff Retaliation
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This isn't just about trade. It's about creating a world where the US's political will is more widely accommodated.
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