1 hour ago Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for Americans’ pockets?

On the campaign trail, Trump claimed to his supporters that tariffs are ‘not going to be a cost to you, it’s a cost to another country.’ Economists warn this isn’t the case

Politics

2 hours ago Donald Trump’s trade tariffs could cost US consumers $2,400 a year – business live

Rolling coverage of the latest ecoonomic and financial newsTrump vows tariffs on Mexico and Canada and deeper tariffs on ChinaThe US president-elect’s social media post announcing 25% import tariffs on products from Mexico and Canada, and 10% from China, when he takes power in January has sent global stockmarkets into a spin.Research by ING has estimated that if the costs of the new tariffs are fully passed on to consumers, then Americans will face having to pay $2,400 more per capita annually for goods.“President-elect Donald Trump has promised to implement sweeping new tariffs aimed at protecting American industries, promoting domestic manufacturing, and reducing reliance on foreign imports.“However, tariffs imposed during the first Trump term – and continued and extended under Biden ...

Economics

2 hours ago FTSE 100 Live 26 November: Markets weaken on Trump tariff threat, Halfords urges levy reform

Donald Trump’s tariff plans and the Budget fallout continue to be the main areas of focus for traders.

Politics

3 hours ago Trump officials to receive immediate clearances and easier FBI vetting

Exclusive: president-elect’s team planning for background checks to occur only after administration takes over bureauDonald Trump’s transition team is planning for all cabinet picks to receive sweeping security clearances from the president-elect and only face FBI background checks after the incoming administration takes over the bureau and its own officials are installed in key positions, according to people familiar with the matter.The move appears to mean that Trump’s team will continue to skirt FBI vetting and may not receive classified briefings until Trump is sworn in on 20 January and unilaterally grant sweeping security clearances across the administration. Continue reading...

Politics

4 hours ago FTSE 100 Live 26 November: Trump tariff plans hit markets, Halfords urges levy reform

Donald Trump’s tariff plans and the Budget fallout continue to be the main areas of focus for traders.

Politics

4 hours ago Levi’s and Jack Daniel’s ‘on tariff hit list’ if Trump targets Britain

PM urged to ‘Trump-proof’ Britain if president-elect imposes levies on UK imports to the US

Events

4 hours ago Trump reveals huge trade tariffs against key economies as election interference case dropped: Live

President-elect flexes muscles on world stage after securing brace of legal wins

Politics

8 hours ago Wall Street banks back UK stocks to outshine Europe under Trump tariffs

Analysts point to lack of manufacturers that could be hit and high weighting in banks and oil stocks

Politics

8 hours ago Trump threatens massive tariffs against Canada, Mexico and China while Jack Smith drops election case: Live

Donald Trump was handed legal wins as he works to fill his cabinet after special counsel Jack Smith said his team is treating him as a current president

Politics