A group of barren, uninhabited volcanic islands near Antarctica, covered in glaciers and home to penguins, has been swept up in Donald Trump’s trade war, as the US president hit them with a 10% tariff on goods. Heard Island and McDonald Islands, which form an external territory of Australia, are ...
Stock markets around the world plunged for a second day on Friday as China announced retaliatory tariffs of 34% on US imports, signalling a major escalation of a trade war ignited by Donald Trump and feeding fears of a global recession. “For all imported goods originating from the US, an ...
