80 minutes ago Trump’s incoming ‘border czar’ promises secure southern US border as nations hit back at Trump’s tariff plan – live

Tom Homan visits Texas to talk about need for strong borders; US motorists could face higher gas prices if Trump imposes the tariffs he’s threatened Trump’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 gets into office, he will impose a 25% tariff on “A...

Politics

4 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

5 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

6 hours ago UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds

Business and Trade Secretary Jonathan Reynolds said Donald Trump’s plans were ‘the big question facing global trading relationships’.

Politics

7 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

13 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