US president defends levies even as market behemoths, including Apple, sink most in years

Financiers thought Trump would usher in a pro-business era but financial stocks have stumbled as tariff plans became clear

Grocery bills will likely rise as shoppers pay more for household staples because of the Trump administration's new tariffs.

Stock markets around the world opened to sharp lows after Donald Trump announced sweeping tariffs - with some economists now fearing a recession.

US hedge fund seeks investor support to divest assets and install new board members to unlock value