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One year ago, US President Donald Trump introduced a 10% global tariff, sparking a trade war with far-reaching consequences. The immediate impact was severe, with the stock market experiencing its worst drop since the pandemic. In response, countries scrambled to negotiate deals with Washington or retaliate with their own tariffs. Recently, the Supreme Court ruled that most of Trump's tariffs are illegal, citing the president's lack of authority to impose broad, open-ended tariffs under a national emergency. However, this ruling did not end the trade war. Within hours, Trump invoked a different statute to launch a temporary tariff, set to expire in July. The effects of the tariffs have already reshaped the US economy. The average effective US tariff rate surged from 2.6% to over 13%, the highest level since World War II. This significant increase has led to higher costs for American consumers. According to the Tax Foundation, US households paid $1,000 more in 2025 for the same goods. Tarrifs work by imposing a tax on foreign goods and services, making them more expensive and encouraging local purchases. Despite Trump's promise that tariffs would reduce the trade deficit and make the US richer, the reality is that the average US consumer is worse off. The Penn Wharton Budget Model reports that the US collected over $287.1 billion in customs duties in 2025 and $64.4 billion in 2026. Economists at the Federal Reserve Bank of New York found that nearly 90% of the economic burden from tariffs has fallen on US businesses and consumers, with foreign exporters absorbing only a small percentage of the cost. Lower-income households have been disproportionately affected, as they spend a higher proportion of their earnings on essential goods like food, clothing, and transportation. Following the Supreme Court's ruling, the government may be required to refund up to $175 billion to businesses that paid the tariffs. With Trump's tariffs being replaced by a flat 10% tariff, the Tax Foundation projects that the average cost to US households will fall to about $600. While an improvement, it remains a significant cost for consumers.

Recent weeks have been a test of resolve for Chelsea. A humiliating 3‑0 loss to Paris Saint‑Germain in the Champions League last‑16, coupled with a slide in the Premier League, has left the Blues scrambling for answers. Adding to the chaos, two of the squad’s most influential players have gone public. Argentine midfielder Enzo Fernández hinted at a summer move, saying, "I really like Madrid, it’s similar to Buenos Aires," while left‑back Marc Cucurella told The Athletic that the club is paying the price for its inexperience and that the PSG defeat has left the dressing‑room "discouraged". These remarks strike at the heart of Chelsea’s BlueCo‑era project, which has relied on signing young talent to build a sustainable future. Critics point out that, unlike Manchester United’s Class of ’92, Chelsea lacks seasoned veterans to mentor the newcomers. The debate resurfaced when Liam Rosenior was appointed head coach in January, with the club’s hierarchy insisting that a long‑term contract (six‑and‑a‑half years) will give him time to nurture the squad. Leadership dynamics are also under scrutiny. Fernández, who wears the captain’s armband in Reece James’s absence, publicly criticised goalkeeper Filip Jörgensen after a costly error against PSG – a move many view as inconsistent with the culture of a united dressing‑room. Financially, Chelsea has tried to balance ambition with prudence. Fernández’s contract runs until 2032 and is heavily incentive‑based, a strategy designed to keep the wage bill in check. Nonetheless, the club posted a **pre‑tax loss of £262.4 million** for the 2024‑25 season, the largest in English football history, raising questions about the sustainability of its recruitment model. There have been moments of optimism. Chelsea lifted the Club World Cup after beating PSG last summer, but the departure of former coach Enzo Maresca in early January – allegedly after talks with Manchester City figures – destabilised the squad. Players like Fernández and Cucurella recall the impact of that exit on team morale. Despite recent setbacks, the club remains confident in Rosenior’s vision, extending Cucurella’s deal last summer and securing long‑term contracts for key figures such as Reece James, Cole Palmer, and Moisés Caicedo. The Blues still have a realistic chance of qualifying for next season’s Champions League and host Port Vale in the FA Cup quarter‑finals. Looking ahead, sources suggest a possible shift in recruitment strategy, moving away from an exclusive focus on raw talent toward a blend of proven Premier League players and selective signings. While Fernández’s desire for a better contract could spark a transfer saga – with Madrid reportedly unwilling to meet a £100 million fee – the club must decide whether retaining a player whose ambitions no longer align with its project is worth the risk. In sum, Chelsea faces a pivotal moment: restore on‑field performance, manage a record financial loss, and convince both fans and players that the youth‑centred blueprint can deliver the trophies promised under the “trust the process” mantra.

It's been 12 months since Donald Trump's 'liberation day' on April 2, 2025, when the US president introduced tariffs on nearly every country the US did business with. The move sent shockwaves through the global economy, causing chaos in Washington and beyond. Experts say that if Trump had spent the last 14 months on the golf course instead of in the White House, the US economy would be in a better place. The wholesale slashing of government jobs and defunding of US aid agencies had already signaled that Trump was in a hurry to upset institutions he considered profligate or useless. Investors quickly understood that chaos was an essential tool in Trump's armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America. Dario Perkins, the head of global research at the consultancy TS Lombard, said: 'If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy.' He added that Trump's policies had led to a decline in US manufacturing jobs and a growing trade deficit. The data supports Perkins' claims. US companies stopped hiring almost as soon as liberation day was announced. Significant revisions in February to data covering 2025 pushed payroll employment down by 403,000 jobs, resulting in the addition of just 181,000 jobs last year. This small boost is set against the 163 million people who are employed in the US. Russ Mould, the investment director of the British stockbroker AJ Bell, said: 'America is still home to the world’s largest economy and its reserve currency, as well as the globe’s largest equity and bond markets, but investors continue to reassess their exposure one year on from liberation day.' The next few months of steadily increasing confidence levels followed probably the calmest period in the second Trump presidency. But sentiment began to fall again in the autumn as the White House battled with Congress over the federal budget deficit and much of the public sector was shut down. A poll by the University of Michigan showed consumer confidence at a near record low at the end of 2025. A six-month moving average produced by the Conference Board showed every generation, from baby boomers to gen Xers, had lost confidence in the economy over the past year. Trump’s liberation day executive order stated: 'The decline of US manufacturing capacity threatens the US economy in other ways, including through the loss of manufacturing jobs.' However, the US manufacturing sector shed 100,000 jobs between January 2025 and March 2026. The ratio of manufacturing workers to total nonfarm employment fell to the lowest point since 1939. Bryan Riley, the director of the National Taxpayers Union Foundation’s free trade initiative, said: 'One year after liberation day, the evidence is in. Tariffs failed even by the Trump administration’s own terms. They did not shrink the trade deficit, did not revitalise manufacturing and did not help farmers. It would be a mistake to replace one set of failed tariffs with another.' Some major US companies have redirected their investments to Europe, but China has proved to be one of the main beneficiaries. In the year to February 2026, China’s industrial profits increased by 15.2%. It's a boom that Beijing will struggle to repeat should Chinese companies face fuel and energy shortages and price hikes. But the decline of two major powers can only be to China’s gain.

A virtual gathering of over 40 countries will set the agenda for a global military planning meeting next week, focusing on clearing sea mines and rescuing vessels immobilised in the Strait of Hormuz.UK Foreign Secretary Yvette Cooper opened the summit by condemning what she described as “Iranian recklessness” that endangers global economic security and threatens the flow of vital energy supplies.The discussions are proceeding without direct US involvement; instead, the UK, France, Germany, Australia and several Gulf states are exploring practical steps to restore access to the strategic waterway.President Donald Trump has urged nations that depend on the strait to “build up some delayed courage” and “just grab it,” a comment that has drawn criticism from UK officials.The strait transports 10‑25% of the world’s oil and gas. Prime Minister Keir Starmer warned that reopening the lane “will not be easy,” given the scale of the disruption.Cooper outlined a multi‑pronged approach: diplomatic and economic pressure, reassurance for industry, insurers and energy markets, and coordinated actions to guarantee the safety of trapped ships and seafarers.She cited more than 25 Iranian attacks on vessels, estimating around 20,000 seafarers on roughly 2,000 ships are currently stranded.Highlighting the broader stakes, Cooper referenced World Bank projections that a prolonged blockage could push 9 million people into food insecurity and trigger unsustainable spikes in oil and food prices worldwide.At a follow‑up session scheduled for Tuesday, military planners will consider how to marshal collective defensive capabilities, including the removal of mines that Tehran may have laid to sink ships.The meeting will be hosted by Britain’s Permanent Joint Headquarters in Northwood, London, with many international leaders joining virtually.Conservative leader Kemi Badenoch warned President Trump not to abandon “a mess he’s made” in the Middle East, echoing former US Secretary of State Colin Powell’s dictum, “if you break it, you own it.”Reform UK’s Nigel Farage said he was not “angry” with Trump for entering the conflict but found the president’s press briefings “difficult to interpret.”Liberal Democrat leader Ed Davey urged Prime Minister Starmer to “step up” plans and present a clear alternative for reopening the oil‑ and gas‑laden shipping route.

The Black Country, a region in the West Midlands, is grappling with the highest levels of physical inactivity in England. With 1.2 million residents, it is one of the poorest parts of the country, and the statistics are stark: 28.4% of adults in the West Midlands are physically inactive, with some areas like Sandwell and Walsall recording even higher rates of inactivity.However, local volunteers and organizations are taking proactive steps to address this issue. Kelvin Gilkes, founder of the Pendeford Community Bike Hub, is working to encourage people to get active through cycling. His initiative not only provides a space for people to repair and ride bicycles but also aims to expand horizons and promote physical activity among community members.Another initiative is led by Tracy Tromans, who runs a weekly walking group through Leasowes park in Halesowen. Her group focuses on friendship and being aware of everyone's limitations, gently encouraging people to leave their homes and get moving. Nadia Inglis, director of public health for Walsall, emphasizes the benefits of physical activity, including lowering the risk of chronic conditions and improving mental wellbeing.Organizations like Sport England and Active Black Country are also playing a crucial role in supporting local initiatives. They are funding networks of 'place-based' Active Partnerships to improve physical activity in areas where it is scarce. The goal is to turn local insight into community action and create a broader impact.These community-driven initiatives offer a glimmer of hope in the face of a significant challenge. By making parks more accessible and promoting non-traditional activities, such as Nerf clubs, these efforts aim to unlock spaces and encourage people to get active. While change is slow, there is a sense of momentum and ownership within the community, which is essential for long-term success.

A Lahore court has ruled in favor of Pakistani singer Ali Zafar in his defamation case against fellow singer Meesha Shafi. On Tuesday, the court ordered Shafi to pay Zafar 5 million rupees ($17,900) in damages.Zafar sued Shafi for defamation in 2018 after she accused him of sexual harassment in Pakistan’s highest-profile #MeToo case.The court’s ruling states that a 2018 social media post by Shafi and an interview she gave to a lifestyle magazine contained “false, defamatory and injurious imputations” against Zafar. The court found that her allegations of sexual harassment of a physical nature had not been proved to be true or shown to be made for the public good, and therefore constituted actionable defamation.The court's decision has sparked concerns that it may set a “deeply troubling precedent” that could discourage victims of sexual harassment from speaking out. Nighat Dad, Shafi's lawyer, stated that the appeal is likely to challenge the judgement on several grounds, including the trial court's selective interpretation of evidence and failure to consider material evidence presented by Shafi.The dispute between Shafi and Zafar has unfolded over several years, with both parties filing complaints against each other. Shafi’s original complaint of sexual harassment against Zafar has been pending before the Supreme Court for several years, and her civil defamation suit against Zafar is also still pending.

Ben Jamal, director of the Palestine Solidarity Campaign, and Chris Nineham, vice‑chair of the Stop the War Coalition, were each convicted on Wednesday for breaching conditions set by the Metropolitan Police during a large‑scale pro‑Palestine rally on 18 January 2025. The court found they failed to keep the march within a police‑designated zone in central London and, in Jamal’s case, actively encouraged other demonstrators to do the same. The trial, held at Westminster Magistrates’ Court, concluded that both men were fully aware of the restrictions, given their leadership roles in planning the event. The judges noted that Jamal’s remarks amounted to “incitement” because they urged participants to disregard the stipulated boundaries, including the area surrounding the BBC headquarters on Portland Place. Supporters packed the public gallery, with former Labour leader Jeremy Corbyn among those present as the verdict was read, according to the PA news agency. In response, the Palestine Solidarity Campaign described the ruling as a “disgraceful decision” and asserted that “the fight is not over.” The statement, posted on X, warned that the judgment undermines the fundamental right to protest. Human Rights Watch UK director Yasmine Ahmed condemned the outcome, calling it a “black mark on British democracy” and suggesting the verdict is part of a broader governmental effort to silence dissent against Israel’s actions in Gaza. The conviction arrives amid mounting tension between law‑enforcement agencies and the UK’s sizable Palestine solidarity movement. Since the conflict in Gaza escalated in October 2023, tens of thousands of Britons have taken to the streets, and thousands of peaceful demonstrators have been arrested for displaying slogans such as “I oppose genocide, I support Palestine Action.” Human Rights Watch’s research highlights a “disproportionate targeting” of pro‑Palestine activists, arguing that the current anti‑protest legislation threatens the ability to protest without fear of harassment. Activists are already gearing up for another large gathering scheduled for 11 April, when supporters of the direct‑action group Palestine Action plan to demonstrate again in London, despite recent arrests and ongoing legal pressure. Overall, the verdict underscores a growing debate over the balance between public order and civil liberties in the United Kingdom, with implications for future demonstrations linked to the Gaza war and broader international human‑rights concerns.

Liverpool head coach Arne Slot has hailed Mohamed Salah as a club legend ahead of his departure at the end of the season. Salah announced his exit last week, and Slot believes he will leave the club a legend.Salah's professionalism and commitment to the club have impressed Slot, who highlighted his hunger to prove himself every three days. Slot expressed his hope that Salah can make his legacy even more special in the upcoming weeks and months.The pair appear to have patched up their differences, which had led to tensions earlier in the season. Slot is looking forward to Salah signing off with a flourish, and he encouraged supporters to give him a great farewell.In other news, Liverpool's bid for Champions League qualification has been boosted by the news that Alexander Isak is set to return to training on Thursday after more than three months out with a broken leg. The £125m British-record signing could make the squad for next week's European away leg in Paris.Slot expressed his excitement about having Isak back, citing his incredible abilities as a striker and the team's ability to generate chances. While Isak may not start immediately, Slot believes his return will be very helpful for the team in the last two months of the season.

Tiger Woods has withdrawn from the opportunity to lead the United States team as captain at the 2027 Ryder Cup. The PGA of America announced this decision after Woods announced he would be stepping away from golf to focus on his health and wellbeing. The 15-time major winner was the favourite to take on the role for the US at the Irish resort of Adare Manor. However, following a recent car accident and a DUI charge, Woods has decided to prioritize his health. Woods was involved in a car accident last week where he clipped a trailer and rolled his Land Rover. Police reported that he showed signs of impairment, and investigators found two white pills identified as hydrocodone during a search of his vehicle. A statement from the PGA of America read: “We commend Tiger for prioritising his long-term health and deeply respect the courage it takes to make such a personal decision.” The organization will share further updates regarding the Ryder Cup captaincy when appropriate. Woods has undergone numerous surgeries throughout his career, particularly to his leg and ankle, after suffering multiple injuries in a serious crash in 2021. He was granted permission by a Florida judge to leave the US to enter a comprehensive inpatient treatment facility as he faces misdemeanor driving under the influence charges. The Martin County court judge, Darren Steele, granted the motion to travel submitted by Woods’ attorney, citing the golf superstar’s need for an “intensive, highly individualized and medically integrated program” away from media and public scrutiny.