11 h. ago Xi Jinping accuses West of ‘bullying behaviour’ and ‘Cold War mentality’ at showpiece summit with Putin

The Chinese leader made a thinly veiled swipe at Trump’s tariff policy as he unveiled a new economic vision for non-western countries

Politics

14 h. ago Modi hails ‘insightful’ talks with Putin during armoured limousine ride at China summit

Indian leader strengthens ties with Russia as Trump escalates tariff dispute with New Delhi

Politics

26 h. ago The Guardian view on Donald Trump and India: the tariff war that boosted China | Editorial

The White House wanted India to bow. Instead, Narendra Modi flew to China, shook Xi Jinping’s hand and left Washington sidelined Donald Trump’s imperial tendencies see the US president wield tariffs and sanctions in the expectation that America will receive tributes. Yet his latest move – punishing India with 50% tariffs for Russian oil purchases once encouraged by the US – has produced not submission but spectacle. It has sent India’s Narendra Modi to China for the first time in seven years as Xi Jinping hosted more than 20 leaders for the Shanghai Cooperation Organisation (SCO) summit in Tianjin. And it is in Tianjin, not Washington, where it looks as if the hinge of history is moving.The SCO is easy to dismiss: the bloc is a bundle of contradictions. India and Pakistan remain adversaries. China and India still stare across a garrisoned Himalayan frontier, though relations have thawed since last October’s border breakthrough. Russia and China vie for influence in Central Asia. Unl...

Politics

26 h. ago Dumbbells, bulldozers and flatware: Some US companies are begging Trump to add their products to his tariff lists

Companies that manufacture American-made goods see opportunity in new taxes on competitors’ imports

Politics

3 d. ago US appeals court rules most of Trump’s sweeping global tariffs illegal – live

Ruling upholds decision from trade court while president attacks ‘Highly Partisan Appeals Court’ and says he will win tariff fightFull story: Most of Trump tariffs illegal, court findsA visit to Taiwan by two US senators has drawn criticism from China, which claims the island as its own and objects to any contact between officials of the two sides.The chair of the Senate armed services committee, Roger Wicker, and the Nebraska senator Deb Fischer arrived in Taipei on Friday for a series of high-level meetings with senior Taiwanese leaders to discuss US-Taiwan relations, regional security, trade and investment, according to the American Institute in Taiwan, Washington’s de facto embassy in lieu of formal diplomatic relations with the self-governing island democracy.A thriving democracy is never fully assured and we’re here to talk to our friends and allies in Taiwan about what we’re doing to enhance worldwide peace. Continue reading...

Events

4 d. ago India unveils plan to get around economic impact of Trump’s 50% tariffs

Commerce minister says India will not ‘bow down’ as New Delhi looks at Middle East to diversify trade

Economics

5 d. ago Sports car maker Lotus plans to cut up to 550 jobs at Norfolk factory

The carmaker said the decision comes at a time of uncertainty for the sector amid Donald Trump’s tariff hikes in the US.

Politics

6 d. ago Trump imposes 50% tariff on India as punishment for buying Russian oil

US president has argued New Delhi indirectly helping fund Ukraine war as experts say move is ‘own goal’ against allyDonald Trump imposed 50% tariffs on most US imports from India, making good on a threat to punish one of the world’s largest economies over its purchases of discounted Russian oil.The tariffs, which came into effect just after midnight on Wednesday in Washington, risk inflicting significant damage on the Indian economy and further disrupting global supply chains. Continue reading...

Politics

1 week ago Canada makes stunning tariff move as nation bows to Trump... here's what it means for YOU

Canadian Prime Minister Mark Carney announced Friday that it was making a big U-turn.

Politics

2 w. ago Trump’s promise of a US manufacturing renaissance leaves experts scratching their heads

Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration officials say. Outside the White House, many economists are skeptical.Global trade experts point to many reasons they believe the president’s tariffs will fail to bring about a major resurgence of manufacturing, among them: Trump’s erratic, constantly changing policies, his unfocused, across-the-board tariffs, and his replacing Joe Biden’s carrot-and-sticks approach to brandish sticks at the world. Continue reading...

Politics

2 w. ago Trump is promising a US manufacturing renaissance. Many experts are dubious

Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration officials say. Outside the White House, many economists are skeptical.Global trade experts point to many reasons they believe the president’s tariffs will fail to bring about a major resurgence of manufacturing, among them: Trump’s erratic, constantly changing policies, his unfocused, across-the-board tariffs, and his replacing Joe Biden’s carrot-and-stick approach to brandish sticks at the world. Continue reading...

Politics

2 w. ago Donald Trump branded a ‘baby with a hand grenade in shop specialising in glass’

The unflattering description of the US President from Neil Kinnock came as the ex-Labour leader hit out at the Mr Trump's 'completely inexcusable' global tariff policy.

Politics

3 w. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kicking in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

3 w. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kick in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

3 w. ago Trump is losing his foolish trade war. This will cost ordinary Americans greatly | Steven Greenhouse

Trump’s trade war has pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputterThe ever-bombastic Donald Trump has boasted repeatedly of his trade victories, while White House news releases trumpet his “historic trade wins”. The Wall Street Journal echoed Trump’s triumphalism with a headline saying, “Trump is Winning His Trade War”, and last week the New York Times used the exact same words in a headline. That must have been music to the president’s ears.Forgive me for being a spoilsport, but I don’t see where the victory is or how Trump is winning. I keep reading how Trump’s trade war and tariff machinations have pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter.Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading...

Politics

3 w. ago US gold futures hit record high after Trump tariff blindsides global market

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Politics

3 w. ago US gold futures surge to record high after Trump tariff blindsides global market

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Politics

3 w. ago Trump’s tariffs are now in place. Alcohol, a cup of joe, and Toyotas are about to cost a whole lot more

Trump’s tariff rates are the highest the US has seen since the Great Depression

Politics

3 w. ago More than 60 countries scramble to respond to Trump’s latest tariffs

Industry representatives warn of job losses and say decision could be ‘nail in the coffin’ for those exporting to the USSee the full list of Trump tariff ratesMore than 60 countries around the world are scrambling to respond to the latest wave of US tariffs announced by Donald Trump which came into force on Thursday.Industry representatives in rich and poor countries warned of job losses as the tariffs upended a decades-old world trading system with rates ranging from 10% to 39%, 40% and 41% for Switzerland, Brazil and Syria. Continue reading...

Politics

3 w. ago Trump's planned 100% computer chip tariff sparks confusion among businesses and trading partners

President Donald Trump's plan for 100% tariffs on non-U.S. computer chips is causing confusion among businesses and trading partners

Politics