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03.04.2025

03.04.2025 โ€” Day Trump Tariffs Crashed Markets As World Prepared Retaliation

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This page is an archive of main headlines from the UK for 03.04.2025.

It displays 120 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

03.04.2025 โ‡ข Day Trump Tariffs Crashed Markets As World Prepared Retaliation
โŒจTrump'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.
03.04.2025
00:06
The Guardian

Trump tariffs could bring higher cost for US consumers; countries condemn โ€˜reciprocal tariffsโ€™ announcement

00:06
00:15
The Guardian

Asian markets set to open as world reels from tariff announcement

00:15
00:23
BBC

Asian markets tumble in wake of Trump's sweeping global tariffs

The US will impose a universal "baseline" 10% tariff, with some countries to be hit with higher rates of up to nearly 50%.
00:23
00:23
The Guardian

Asian markets plunge as world reels from Trump tariff announcement โ€“ business live

00:23

00:25โ‡ขTrump's 10% Tariff Hammers UK And Asian Markets

โŒจThe newspapers extensively report on Trump's newly announced global tariffs, with a 10% baseline for all countries including the UK (BBC, Guardian, HuffPost, Independent, Mirror, Sky News, Times). Asian markets have tumbled in response to the announcement (BBC, Guardian). The tariff system is tiered, with the EU facing 20% and some countries potentially facing up to nearly 50% (BBC, Times). British media characterize the announcement as starting an "economic war" (Mirror) and a "trade war" (Independent). The Times notes that "Britain escapes the worst" compared to other nations, while Trump described his policy as targeting "foreign cheaters" (Independent).
03:04
BBC

China demands Trump revoke new tariffs and vows 'countermeasures'

China is perhaps the country that's been hit hardest by Trump's 'Liberation Day' measures.
03:04
03:38
BBC

EU vows united response to Trump tariffs while China threatens countermeasures

EU commissioner Ursula Von der Leyen said the EU's unity was its strength as she responded to news of the tariffs.
03:38
03:55
The Guardian

EU threatens countermeasures and Asian markets plunge after Trump tariff announcement โ€“ business live

03:55
05:03
05:11
05:53
BBC

Trump tariffs a 'major blow to world economy' says EU, as China vows retaliation

The US president announces a 10% tariff on all imports, with further measures targeting countries the White House call the "worst offenders".
05:53
06:19
The Guardian

Trump hits UK with 10% tariffs as he ignites global trade war

06:19
06:19
06:28
The Guardian

Trump announces sweeping new tariffs, upending decades of US trade policy

06:28

07:03โ‡ขTrump Tariffs Slam World Economy

โŒจThe newspapers extensively report on Trump's newly announced sweeping tariffs, with universal 10% baseline tariffs on all imports including those from the UK, describing them as a "major blow to world economy" (BBC, Guardian, Sky News). European markets are expected to plunge as UK firms warn the tariffs will "wreak havoc" (Independent, Mirror). China has vowed retaliation (BBC), while British media analyze the economic implications for pensions, borrowers and businesses (Mirror, Sun, Spectator). In a separate story, the bus driver involved in Virginia Giuffre's crash has given his account, which differs significantly from hers (Daily Mail, Metro).
07:36
07:53
09:20
09:54
10:03
BBC

Starmer says Trump tariffs will 'clearly' hit UK economy as EU and China vow to respond

The US president announces a 10% tariff on all imports, with further measures targeting countries the White House calls the "worst offenders".
10:03
10:03

10:06โ‡ขStarmer Admits Trump Tariffs Will Damage UK Economy

โŒจThe newspapers extensively report on Trump's new global tariffs and their economic impact on the UK. Prime Minister Starmer has acknowledged the tariffs will "clearly hit UK economy" (BBC, Independent, Daily Mail), with markets already tumbling in response (HuffPost, Independent, Sky News). The media identifies specific industries at risk (Metro) and warns of impacts on pensions and borrowers (Mirror). While the UK faces a baseline 10% tariff, the EU faces 20%, prompting Brussels to vow retaliation (BBC, Daily Mail). The New Statesman analyzes the tariffs as extending "American power" beyond mere trade considerations. In other news, Hungary has withdrawn from the International Criminal Court over its Netanyahu arrest warrant (Breitbart).
11:28
BBC

UK drawing up list of US products it could hit in retaliation to Trump's tariffs

On Wednesday the US announced new worldwide tariffs - including 10% on the UK. PM Keir Starmer says "nothing is off the table".
11:28
13:03
BBC

UK drawing up list of US products for possible retaliation to Trump's tariffs

Keir Starmer says "nothing is off the table" after the US announced new worldwide tariffs - including 10% on imports from the UK.
13:03

13:04โ‡ขUK Lists US Products For Tariff Retaliation

โŒจThe newspapers extensively report on UK's response to Trump's tariffs, with Starmer declaring "nothing is off the table" as Britain draws up a list of US products for possible retaliation (BBC, Independent, Sky News). The government acknowledges these tariffs will damage the UK economy (Independent). Media outlets analyze how these tariffs could affect consumers' wallets (Metro) while international tensions escalate with US and Israeli airstrikes on pro-Iran targets (Sun). In unrelated news, an American tourist was arrested for endangering an isolated tribe with a can of Coke (Daily Mail), and Kanye West confirmed his split from Bianca Censori (Mirror).
13:45
BBC

US stock market drops sharply on opening after Trump unveils worldwide tariffs

Meanwhile Keir Starmer says "nothing is off the table" after the US announced new tariffs - including 10% on imports from the UK.
13:45
13:45
The Guardian

Stocks tumble on Wall Street as Donald Trumpโ€™s sweeping tariffs rattle global markets

13:45
13:54
14:11
14:37
14:46
BBC

US stock market drops sharply after Trump unveils worldwide tariffs

As big brands lose value in early trading, the White House tells Wall Street to "trust in President Trump".
14:46

14:56โ‡ขWall Street Plunges As UK Prepares Tariff Retaliation

โŒจThe newspapers extensively report on the immediate impact of Trump's global tariffs, with US stock markets tumbling sharply (BBC, Guardian, Daily Mail, Sky News). The UK has revealed a 400-page list of American products that could face retaliatory tariffs (Independent, Metro, HuffPost, Spectator, Sky News), indicating escalating trade tensions. Germany's Chancellor criticized the tariffs as an "attack on the global trade order" (Breitbart), while the White House urged Wall Street to "trust in President Trump" despite market losses (BBC). Domestic news mentions low-income people losing access to free dental care (Mirror).
15:03
BBC

US stock market plunges after Trump unveils worldwide tariffs

As big brands lose value in early trading, the White House tells Wall Street to "trust in President Trump".
15:03
16:12
The Guardian

US stock markets tumble as investors shaken by Trump tariffs

16:12
16:12
16:20
BBC

US stock market plunges after Trump tariff announcement, as Canada retaliates

As big brands' share prices drop, the White House tells Wall Street to "trust in President Trump".
16:20
16:29
BBC

US stock market plunges after Trump tariff announcement as Canada retaliates

As big brands' share prices drop, the White House tells Wall Street to "trust in President Trump".
16:29
16:37
17:29
17:46
18:20
The Guardian

Trump โ€˜is not going to back offโ€™ from tariff policies, US commerce secretary says

18:20
19:11
The Guardian

McConnell condemns โ€˜badโ€™ tariff policy after Trump secretary says president wonโ€™t stand down from latest levies

19:11

19:21โ‡ขWall Street Plunges As UK Prepares Tariff Retaliation

โŒจThe newspapers extensively report on the economic fallout from Trump's tariff announcement, with US stock markets plunging dramatically and "trillions wiped off economy" (BBC, Daily Mail, Sky News). The UK has threatened retaliation with a 400-page list of potential US goods to tax (Independent, HuffPost, Metro). Political reactions include condemnation from Senate Republican leader McConnell who called it a "bad policy" (Guardian), while the White House asks Wall Street to "trust in President Trump" despite market losses (BBC). Campaigners are criticizing PM Starmer for showing "no backbone to Trump" (Morning Star). In election news, Channel 4 is organizing a debate in Hull with the five main parties (Channel 4).
19:28
19:36
The Guardian

Trump denies market turmoil is a problem, claiming โ€˜stock is going to boomโ€™

19:36
20:19
BBC

Major US stocks see biggest losses since 2020 after Trump's tariffs announcement

As big brands' share prices drop, the White House tells Wall Street to "trust in President Trump".
20:19
20:53
The Guardian

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

20:53
22:01
22:18