48 minutes ago Donald Trump’s trade war on drugs will see him impose 25 per cent tariff 'on first day'

Donald Tump claimed he would impose a 25% tariff on all goods from Canada and Mexico on his very first day back in the White House in a bid to stop 'crime and drugs'

Events

1 hour ago Trump doubles down on his tariff threat. Mexico and Canada are taking him seriously and literally

Other countries can’t afford to play guessing games with Trump. The American public would be wise to respond in kind

Politics

2 hours ago Canada PM under pressure to stand up to Trump over tariff plan; US motorists could face higher gas prices – live

China, Canada and Mexico hit back at Trump’s plan to impose higher tariffs amid warnings over impact on American consumersTwo-thirds of Americans think tariffs will lead to higher prices, poll saysTrump’s talk of tariffs raises fears of hit to economies worldwideDonald Trump has used the fentanyl crisis gripping the US to support his ambition to impose trade tariffs on China. It gives the incoming US president an opportunity to both appear to be addressing the narcotics emergency, while also reinforcing one of his key aims in terms of US trade.China is the dominant source of chemical precursors used by Mexican cartels to produce fentanyl, while Chinese money launderers have also become key players in the international drug trade, US authorities say.Trump has said that, as soon as he get...

Politics

3 hours ago Trump border chief threatens jail for Denver mayor amid deportation dispute

Tom Homan issues threat to Democrat Mike Johnston, who says he will resist Trump’s mass deportation planTom Homan, Donald Trump’s hardline incoming border czar, has threatened to put the mayor of Denver in jail after the latter said he was willing to risk incarceration to resist the president-elect’s migrant mass deportation plan.The threat was issued against Mike Johnston, a Democrat, who said he was not afraid of being jailed and encouraged people to protest against mass round-ups of immigrants in their cities and communities. Continue reading...

Events

3 hours ago UK hints one million US jobs would be put at risk in trade war, in veiled warning to Trump

But Labour insists it will resist Brexit concessions with EU despite Trump tariff threat

Events

5 hours ago UK hints trade war risks one million American jobs in veiled warning to Trump

But Labour insists it will resist Brexit concessions with EU despite Trump tariff threat

Events

8 hours ago Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories

U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the U.S. If enacted, his plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters

Politics

9 hours ago Trump’s threat to impose tariffs on Mexico, Canada and China sends global markets into turmoil: Live updates

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

Politics

11 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