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The grey house with the Christmas wreath on the front door and twinkling fairy lights overhanging the back patio could be any other student home in the remote town of Moscow, Idaho.

A blanket of snow covers the ground, and a rubbish bag overflowing with beer and seltzer cans is propped up near an outdoor grill.

The young women who lived here until recently were popular members of sororities at the University of Idaho and regularly threw parties.

They documented their lives on social media, with choreographed videos of group dances and photographs dressing up for nights out.

Kaylee Goncalves, Maddie Mogen and Xana Kernodle, and Xana's boyfriend Ethan Chapin
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Kaylee Goncalves, Maddie Mogen and Xana Kernodle, and Xana’s boyfriend Ethan Chapin

But four weeks ago this apparent student idyll was shattered when three of the housemates – Kaylee Goncalves, Maddie Mogen and Xana Kernodle, and Xana’s boyfriend Ethan Chapin – were brutally murdered.

In the early hours of a Sunday morning, as they slept in bed, they were stabbed to death with a large knife, their rooms splattered with blood, while two other housemates slept through the attacks.

Four weeks on, no known witnesses have come forward, there is no named suspect, no murder weapon and no obvious motive.

Moscow’s small police force, which hadn’t had a murder for more than seven years, is at the centre of the race to find a killer, or killers.

“It’s hard to tell when or if this town will ever be the same,” Robbie Johnson, the force’s public information officer, says.

Appeal for help poster

‘We can’t afford to make a mistake’

There are signs that the community and grief stricken parents of the victims are growing frustrated with what they perceive as a lack of progress by police, even as reinforcements from the FBI and Idaho state police have arrived.

The decision to withhold certain information or lines of investigation from the public is deliberate, Ms Johnson tells Sky News.

Robbie Johnson
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Robbie Johnson

“We don’t just want an arrest, we want to take it to court,” she adds.

“We need to be sure we are going through all the evidence and it is vast. There are pictures, emails, phone calls coming in. We can’t afford a mistake or to put out information that might compromise the investigation.”

Police have consistently stated their belief that either the house, or its occupants, were targeted, but they haven’t revealed why they believe that.

The house where they were slaughtered

Internet sleuths have pored over the layout of the building. The ground floor, with its sliding patio doors, is where Xana and Ethan, a couple since the spring who were said to be perfect for each other, were slaughtered.

In one of the bedrooms upstairs, lifelong best friends, Kaylee and Maddie, were also sharing a bed when they were murdered.

Bedroom window

In the early hours, they had been repeatedly texting Kaylee’s former boyfriend, with whom she was still close and police have discounted as a suspect.

One of the most puzzling aspects of the case is that two other female housemates, Dylan Mortensen and Bethany Funke, who were in basement level bedrooms, survived.

They say they slept through the attacks and when they woke they summoned other friends to the house, believing one of the housemates to be unconscious.

Just before midday, one of the friends called police, who discovered the true horror of what had happened. Police have discounted Dylan, Bethany and the friends who arrived that morning as suspects.

Front door

“The big question is why,” says Troy Lambert, a crime writer whose stepson lives in an apartment less than 100 yards from the murder house.

“Why would they target young college kids who, in my mind would have no enemies,” he adds.

“My stepson and his housemate do gaming and stuff like that, so they didn’t hear anything.

“With the density of students in this area, it is kind of surprising that nobody heard anything. It’s what makes me think that it was somebody and something organised because they didn’t make noise. They knew not to make noise.”

Troy Lambert
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Troy Lambert

The movements of Kaylee and Maddie

Investigators say they’re busy piecing together not just what happened inside the house, but where the victims had been in the hours leading up to the murders.

Kaylee and Maddie had spent the night at a bar called Corner Club with its neon yellow sign and affordable drinks, just off the main street in Moscow.

Corner Club

They left at 1am to walk to a nearby food truck, where Kaylee can be heard on a livestream, stumbling over her words as she orders a portion of pasta carbonara.

There then appears to be a dispute with a man in a hoodie. At one point, Maddie gestures towards him and seems to say “f*** you mister,” before they all disappear out of shot.

Food truck 2
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Pictures captured at the food truck

Police say they have also discounted him as a suspect.

It had previously been reported that Kaylee’s parents believed she may have been the primary target based on what they had been told about the extent of her injuries compared with the other victims.

But they now don’t think that is the case.

Food truck 1

“I don’t think that the family believes that there was an individual target on their daughter,” their lawyer, Shanon Gray, tells Sky News.

“It just doesn’t make sense with the facts that have been presented and other information that we’ve gathered.

“The person might have targeted the home, because there were all girls that lived there and a lot of people came and went, it was a very social scene.”

Moscow main street

Five-page-long list of questions

The Goncalves family recruited Mr Gray to push the police for answers. He took a five-page-long list of questions to a meeting with investigators this week, but they are remaining tight-lipped.

“We asked why they haven’t released more information to the public,” he added. “Down the road we may look at it and say, ‘great job not releasing that information’, or they may come to regret those decisions.

“I don’t know if anyone has ever experienced handling a murder investigation that involves four college students that had been stabbed, so I’m sure it’s new to them.

“But they still need to make sure that they’re doing the right things, and we’re here to hold them accountable for it.”

Shannon Gray
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Shanon Gray

The missing five hours

Mystery surrounds the whereabouts of the other two victims, Xana Kernodle and Ethan Chapin on the night of the killings.

Between 8-9pm they were at a party at the imposing Sigma Chi fraternity house, with its basketball court in the garden and stars and stripes flag, now flying at half-mast.

Fratt house

It is less than a five-minute walk through an alley to the house where they were killed, but they didn’t reach home until just before 2am and police are trying to account for those missing five hours.

In a sea of uncertainty, a violent killer, or killers, on the loose continues to terrorise this town of 25,000 people, which includes 11,000 students.

Everything that happens in Moscow at the moment is coloured by loss and fear. At winter graduation, where Kaylee Goncalves was supposed to receive her degree, a swell of police patrol the arena.

Graduation

‘It’s scary being here’

“I have pepper spray and different self-help things, but it’s scary being here, and it doesn’t feel like home anymore. It doesn’t feel safe,” says Emma Bartlett, a graduate, who went to junior school with Kaylee and Maddie and tutored Ethan at university.

Emma Bartlett
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Emma Bartlett

“He was always smiling, so happy, so funny,” she says, “I’m just so glad I got to know him.”

It’s not just students who are living in fear. Treva Adkins visited Moscow to see her daughter Katie graduate over the weekend.

Treva Adkins
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Treva Adkins

“When we checked into the Airbnb, I was scared to death,” she says. “I made my husband check under then bed, and I’m a 43-year-old woman.

“I noticed the windows weren’t locked, and it paralysed me, so I shut all the windows and I closed the curtains. It’s terrifying, constantly looking over your shoulder.”

The lighting of Moscow’s town Christmas tree took place last week and has become a focal point to remember the four slain students. Coloured ribbons are fastened around the guard rails and notes of reflection.

Notes left in memory of the four victims

“Gone too soon, Ethan, Xana, Kaylee and Madison,” reads one. “Praying for your family, friends and for justice,” reads another.

In a community desperate for answers and accountability, the unknowns keep stacking up.

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Financial markets were always going to respond to Trump tariffs but they’re also battling with another problem

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Financial markets were always going to respond to Trump tariffs but they're also battling with another problem

Global financial markets gave a clear vote of no-confidence in President Trump’s economic policy.

The damage it will do is obvious: costs for companies will rise, hitting their earnings.

The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world.

Tariffs latest: FTSE 100 suffers biggest daily drop since COVID

Financial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

Hopes that his actions may not match his rhetoric were dashed on Wednesday as he imposed sweeping tariffs on the US’ trading partners, ratcheting up protectionism to a level not seen in more than a century.

Markets were always going to respond to that but they are also battling with another problem: the lack of certainty when it comes to Trump.

More on Donald Trump

He is a capricious figure and we can only guess his next move. Will he row back? How far is he willing to negotiate and offer concessions?

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These are massive unknowns, which are piled on to uncertainty about how countries will respond.

China has already retaliated and Europe has indicated it will go further.

That will compound the problems for the global economy and undoubtedly send shivers through the markets.

Much is yet to be determined, but if there’s one thing markets hate, it’s uncertainty.

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Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

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Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

Stock markets around the world fell on Thursday after Donald Trump announced sweeping tariffs – with some economists now fearing a recession.

The US president announced tariffs for almost every country – including 10% rates on imports from the UK – on Wednesday evening, sending financial markets reeling.

While the UK’s FTSE 100 closed down 1.55% and the continent’s STOXX Europe 600 index was down 2.67% as of 5.30pm, it was American traders who were hit the most.

Trump tariffs latest: US stock markets tumble

All three of the US’s major markets opened to sharp losses on Thursday morning.

A person works on the floor at the New York Stock Exchange in New York, Monday, March 31, 2025. Pic: AP
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The S&P 500 is set for its worst day of trading since the COVID-19 pandemic. File pic: AP

By 8.30pm UK time (3.30pm EST), The Dow Jones Industrial Average was down 3.7%, the S&P 500 opened with a drop of 4.4%, and the Nasdaq composite was down 5.6%.

Compared to their values when Donald Trump was inaugurated, the three markets were down around 5.6%, 8.7% and 14.4%, respectively, according to LSEG.

More on Donald Trump

Worst one-day losses since COVID

As Wall Street trading ended at 9pm in the UK, two indexes had suffered their worst one-day losses since the COVID-19 pandemic.

The S&P 500 fell 4.85%, the Nasdaq dropped 6%, and the Dow Jones fell 4%.

It marks Nasdaq’s biggest daily percentage drop since March 2020 at the start of COVID, and the largest drop for the Dow Jones since June 2020.

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The latest numbers on tariffs

‘Trust in President Trump’

White House press secretary Karoline Leavitt told CNN earlier in the day that Mr Trump was “doubling down on his proven economic formula from his first term”.

“To anyone on Wall Street this morning, I would say trust in President Trump,” she told the broadcaster, adding: “This is indeed a national emergency… and it’s about time we have a president who actually does something about it.”

Later, the US president told reporters as he left the White House that “I think it’s going very well,” adding: “The markets are going to boom, the stock is going to boom, the country is going to boom.”

He later said on Air Force One that the UK is “happy” with its tariff – the lowest possible levy of 10% – and added he would be open to negotiations if other countries “offer something phenomenal”.

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How is the world reacting to Trump’s tariffs?

Economist warns of ‘spiral of doom’

The turbulence in the markets from Mr Trump’s tariffs “just left everybody in shock”, Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions in Boston, told Reuters.

He added that the economy could go into recession as a result, saying that “a lot of the pain, will probably most acutely be felt in the US and that certainly would weigh on broader global growth as well”.

Meanwhile, chief investment officer at St James’s Place Justin Onuekwusi said that international retaliation is likely, even as “it’s clear countries will think about how to retaliate in a politically astute way”.

He warned: “Significant retaliation could lead to a tariff ‘spiral of doom’ that could be the growth shock that drags us into recession.”

Read more:
Do Trump’s ‘Liberation Day’ tariff numbers add up?

Tariffs about something more than economics: power

It comes as the UK government published a long list of US products that could be subject to reciprocal tariffs – including golf clubs and golf balls.

Running to more than 400 pages, the list is part of a four-week-long consultation with British businesses and suggests whiskey, jeans, livestock, and chemical components.

Meanwhile, Prime Minister Sir Keir Starmer said on Thursday that the US president had launched a “new era” for global trade and that the UK will respond with “cool and calm heads”.

It also comes as Canadian Prime Minister Mark Carney announced a 25% tariff on all American-imported vehicles that are not compliant with the US-Mexico-Canada trade deal.

He added: “The 80-year period when the United States embraced the mantle of global economic leadership, when it forged alliances rooted in trust and mutual respect and championed the free and open exchange of goods and services, is over. This is a tragedy.”

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Trump’s tariffs are about something more than economics: power

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Trump's tariffs are about something more than economics: power

Tanking stock markets, collapsing world orders, devastating trade wars; economists with their hair ablaze are scrambling to keep up.

But as we try to make sense of Donald Trumps’s tariff tsunami, economic theory only goes so far. In the end this surely is about something more primal.

Power.

Understanding that may be crucial to how the world responds.

Yes, economics helps explain the impact. The world’s economy has after all shifted on its axis, the way it’s been run for decades turned on its head.

Instead of driving world trade, America is creating a trade war. We will all feel the impact.

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PM will ‘fight’ for deal with US

Donald Trump says he is settling scores, righting wrongs. America has been raped, looted and pillaged by the world trading system.

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But don’t be distracted by the hyperbole – and if you think this is about economics alone, you may be missing the point.

Above all, tariffs give Donald Trump power. They strike fear into allies and enemies, from governments to corporations.

This is a president who runs his presidency like a medieval emperor or mafia don.

It is one reason why since his election we have seen what one statesman called a conga line of sycophants make their way to the White House, from world leaders to titans of industry.

The conga line will grow longer as they now redouble their efforts hoping to special treatment from Trump’s tariffs. Sir Keir Starmer among them.

President Trump’s using similar tactics at home, deploying presidential power to extract concessions and deter dissent in corporate America, academia and the US media. Those who offer favours are spared punishment.

His critics say he seeks a form power for the executive or presidential branch of government that the founding fathers deliberately sought to prevent.

Whether or not that is true, the same playbook of divide and rule through intimidation can now be applied internationally. Thanks to tariffs

Each country will seek exceptions but on Trump’s terms. Those who retaliate may meet escalation.

This is the unforgiving calculus for governments including our own plotting their next moves.

The temptation will be to give Trump whatever he wants to spare their economies, but there is a jeopardy that compounds the longer this goes on.

Read more:
Do Trump’s numbers on tariffs really add up?
Trump hits island home only to penguins with 10% tariffs

Chinese Vice President Han Zheng gestures to Britain's Chancellor of the Exchequer Rachel Reeves following a photo session at the Great Hall of the People in Beijing, Saturday, Jan. 11, 2025. (Florence Lo/Pool Photo via AP)
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Could America’s traditional allies turn to China? Pic: AP

Malcolm Turnbull, the former Australian prime minister who coined the conga line comparison, put it this way: “Pretty much all the international leaders I have seen that have sucked up to Trump have been run over. The reality is if you suck up to bullies, whether it’s global affairs or in the playground, you just get more bullying.”

Trading partners may be able to mitigate the impact of these tariffs through negotiation, but that may only encourage this unorthodox president to demand ever more?

Ultimately the world will need a more reliable superpower than that.

In the hands of such a president, America cannot be counted on.

When it comes to security, stability and prosperity, allies will need to fend for themselves.

And they will need new friends. If Washington can’t be relied on, Beijing beckons.

America First will, more and more, mean America on its own.

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