Global shares slid as President Donald Trump suggested he would impose import taxes on "all countries" ahead of his planned tariffs announcement. The US stock market opened lower but held its ground, while markets in Asia and Europe fell significantly. The UK, EU, Canada, and others are preparing retaliatory measures. The S&P 500 index has fallen almost 10% since mid-February, with the Nasdaq down over 10%.

Sir Keir Starmer and Donald Trump had a phone call discussing an economic deal between the UK and US, which will "continue at pace". The conversation came ahead of a deadline on US tariffs, with British negotiators seeking to exempt the UK from Trump's 25% levy on car imports.

US President Donald Trump said he is "very angry" and "pissed off" with Russian President Vladimir Putin over ceasefire negotiations in Ukraine. Trump criticized Putin for attacking Ukrainian President Volodymyr Zelensky’s credibility and threatened to impose a 50% tariff on countries buying Russian oil if a ceasefire is not agreed upon. Trump also accused Zelensky of trying to back out of a deal to share Ukraine's rare minerals with the US and warned of "big, big problems" if that were the case.

The US-India trade war has reached a critical stage with tariffs set to kick in on April 2. US Commerce Secretary Howard Lutnick criticized India's market restrictions, urging it to open its agricultural sector. Agriculture is a key battleground, with the US seeking greater access to India's farm sector, while India fiercely protects its agriculture citing food security and livelihoods of millions of small farmers. The two countries have a modest $8 billion farm trade, but Washington wants to push "big-ticket" farm exports like wheat, cotton, corn, and maize to narrow its $45 billion trade deficit with India.