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The Latest Breaking News from International Business Times

Trump's Tariff Big Bang Puts Global Economy Under Threat

It took just one 50-minute speech by US President Donald Trump to undermine global economic stability and raise the prospect of a recession, with China's countermeasures only amplifying the risk of a debilitating tit-for-tat trade war.

International Business Times

Intercommunal Violence Kills Dozens In Central Nigeria

Suspected intercommunal violence in Nigeria's north-central Plateau state earlier this week has killed more than 40 people, officials told AFP on Friday.

International Business Times

Trump Boosts Claim That He's Crashing the Stock Market 'On Purpose' Days After Announcing Tariff Plan

On Friday, Trump shared claims that he is intentionally crashing the stock market in what one called "a wild chess move," within his "genius" economic strategy.

International Business Times

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US Fed Chair Warns Tariffs Will Likely Raise Inflation, Cool Growth

US President Donald Trump's tariffs risk higher unemployment and will likely cause inflation to rise and growth to slow, Federal Reserve Chair Jerome Powell said Friday.

International Business Times

TikTok Faces New US Deadline To Ditch Chinese Owner

TikTok on Friday was hours from a deadline to find a non-Chinese owner or face a ban in the United States.

International Business Times

How Can The EU Respond To Trump Tariffs?

The EU has said "everything is on the table" as it readies its response -- including possibly targeting US Big Tech and taxing more American goods -- to President Donald Trump's sweeping new tariffs should talks with Washington fail.

International Business Times

Canada Loses Jobs For First Time In 3 Years As US Tariffs Bite

Employment in Canada fell for the first time in three years in March, the national statistical agency said Friday, as uncertainty over US tariffs led businesses to cut staff and stall hiring.

International Business Times

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Nations Divided Ahead Of Decisive Week For Shipping Emissions

Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on international shipping, ahead of a meeting starting on Monday to finalise emissions-reduction measures.

International Business Times

Trump Goads China After Beijing Retaliates In Global Trade War

President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."

International Business Times

China Strikes Back With Steep Tariffs, Deepening US Trade Rift

China announced Friday it will impose a 34% tariff on all U.S. imports starting April 10, marking a significant escalation in its response to President Donald Trump's aggressive trade measures.

International Business Times

De Bruyne To Leave Man City At End Of The Season

Kevin De Bruyne was hailed by Pep Guardiola as one of the Premier League's all-time greats after the Belgian confirmed on Friday he will leave Manchester City at the end of the season.

International Business Times

US Hiring Beats Expectations In March As Tariff Uncertainty Brews

Hiring in the United States was stronger than expected in March, government data showed Friday, even as uncertainty brewed over the wider effects of President Donald Trump's tariffs and other policies.

International Business Times

Automakers Shift Gears After Trump Tariffs

Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President Donald Trump, from pausing production to raising prices or halting certain models.

International Business Times

Where Things Stand In The US-China Trade War

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods.

International Business Times

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International Business Times

Deloitte To Cut US Consulting Jobs Amid Government Cost-Cutting Pressure

A spokesperson said that small job cuts would take place in the coming weeks, depending on shifts in government clients' needs. Deloitte also noted that employee departures had recently decreased, which made workforce reductions necessary.

International Business Times

White House Easter Egg Roll To Feature 30,000 Real Eggs Despite Tariff, Supply Hurdles

In planning the event, the White House explored alternatives such as using plastic eggs or large eggs that would be sold in stores. However, the decision was made to stick with real eggs.

International Business Times

Taiwan Earmarks $2.7 Bn To Help Industries Hit By US Tariffs

Taiwan has earmarked $2.7 billion to help industries affected by US President Donald Trump's new tariffs, the government said Friday.

International Business Times

Trump Unveils First $5 Million 'Gold Card' Visa

Holding a prototype that bore his face and an inscription "The Trump Card", the Republican president told reporters that the special visa would probably be available "in less than two weeks".

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International Business Times

BP Chairman To Step Down After Energy Strategy Reset

BP in February launched a major pivot back to its more profitable oil and gas business, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

International Business Times

'Historic Moment': South Koreans React To Yoon's Dismissal

When South Korea's Constitutional Court ruled to uphold the impeachment of president Yoon Suk Yeol, thousands of protesters gathered outside to watch a live broadcast erupted into wild cheers, with some bursting into tears.

International Business Times

Israel Kills Hamas Commander In Lebanon Strike

Israel killed a commander of Palestinian militant group Hamas on Friday in a pre-dawn strike in the Lebanese port city of Sidon that also killed his adult son and daughter.

International Business Times

India And Bangladesh Leaders Meet For First Time Since Revolution

Indian Prime Minister Narendra Modi met Friday with the leader of neighbouring Bangladesh, the first such meeting since a revolution in Dhaka ousted New Delhi's long-term ally and soured relations.

International Business Times

Israel Expands Ground Offensive In Gaza

The Israeli military announced the launch of a new ground offensive in Gaza City on Friday to expand the security zone it has established in the Palestinian territory.

International Business Times

Families Of Duterte Drug War Victims Demand Probe Into Online Threats

Family members of people killed during former Philippine president Rodrigo Duterte's bloody crackdown on drugs demanded an investigation Friday into what they say has been a flood of online threats since his arrest.

International Business Times

Trump Fires NSA Director Timothy Haugh After NSC Shake-Up Tied To Laura Loomer

Haugh was not involved in the controversial Signal group chat about a military operation in Yemen, but testified last week before the House Intelligence Committee about the risks of using Signal for sensitive discussions.

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