The fall out from President Trump’s tariff announcement is still being felt around the world.

Stock markets around the world plummeted as investors grapple with the President’s tariffs and the market’s volatility shows no sign of abating.

President Trump has shown no sign of retreating. He has taken to his Truth Social account and urged Americans to keep calm. Urging them not be ‘weak or ‘stupid’. Insisting that they do not join the PANICAN, which the President has called “A new party of weak and stupid people”.

Back in Blighty, the Prime Minister is trying to limit the economic damage to the UK. Sir Keir Starmer has diluted his net zero plans and announced that elite car markers no longer need to stop selling petrol or diesel cars by 2030.

Why not just scrap these targets completely?

On side of all this economic turmoil has seen the oil price slide its lowest level since 2021 which is very bad news for Russian President and his continuing ability to fund his war machine.

And wouldn’t it be ironic, if this is how President Trump ends up bankrupting Russia and helping Ukraine. The law of unintended consequences is very powerful.