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US politics live: World economy in meltdown

Stock markets around the world are spooked by what’s happening in America. Follow our live coverage.

Canada imposes retaliatory tariffs on the United States

The fallout from Donald Trump’s clash with Volodymyr Zelensky in the Oval Office continues — with the Ukrainian leader saying the showdown was “regrettable” and Mr Trump preparing to give a major speech today.

Meanwhile, sweeping tariffs against America’s three biggest trading partners has been met with swift retaliation — and global stock markets are getting hammered.

The President’s 25 per cent tariffs on Mexican and Canadian imports went into effect just after midnight on Tuesday. Mr Trump has also doubled tariffs on China.

Read on for the latest updates.

Originally published as US politics live: World economy in meltdown

Read related topics:Donald Trump

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Original URL: https://www.dailytelegraph.com.au/news/world/us-politics-live-time-to-make-things-right-zelensky-caves/live-coverage/285e4cc93fc854d79ba5b8730f0c67ca