24 h. 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

24 h. 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

52 h. 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

5 d. 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

5 d. 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

5 d. 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

5 d. 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

5 d. 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

6 d. ago Are Trump’s tariffs pushing rivals India and China closer together?

Trump’s targeting of India with hefty tariffs and closer ties with Pakistan could cost him a powerful ally in the Asia-Pacific region, reports Alisha Rahaman Sarkar

Politics

6 d. ago Cost of electronics expected to rise as Trump announces 100% tariff on computer chips

Donald Trump has said he will impose a 100% tariff on computer chips, likely resulting in the costs of electronic goods and household appliances rising.

Politics

6 d. ago New US tariffs cloud outlook for exporters in Asia and beyond

President Donald Trump's new tariff rates on U.S. imports from dozens of countries have taken effect, the latest chapter in his effort to reshape global trade

Politics

6 d. ago Samsung to produce image sensors for Apple’s iPhone in Texas

Deal suggests South Korean company’s US investments are paying off as Trump dials up his tariff policies

Technology

6 d. ago Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect

Donald Trump’s latest wave of ‘reciprocal’ levies were in place as of a minute past midnight Washington time on ThursdaySee the full list of Trump tariff ratesDozens of countries face higher taxes on their exports to the US now that Donald Trump’s latest wave of country-specific tariffs have come into force.The sweeping “reciprocal” levies announced by the White House a week ago – just before a previous 1 August deadline was due to elapse – were in place as of a minute past midnight Washington time on Thursday. Continue reading...

Politics

6 d. ago Dozens more countries face higher levies on exports to US as new Trump tariffs come into effect

Donald Trump’s latest wave of ‘reciprocal’ rates were in place as of a minute past midnight Washington time on ThursdaySee the full list of Trump tariff ratesBusiness live – latest updatesDozens of countries face higher levies on their exports to the US now that Donald Trump’s latest wave of country-specific tariffs has come into force.The sweeping “reciprocal” rates announced by the White House a week ago – just before a previous 1 August deadline was due to elapse – were in place as of a minute past midnight Washington time on Thursday. Continue reading...

Politics

6 d. ago Swiss urged to bring Fifa chief off bench in Trump tariff row

Political figures want Gianni Infantino enlisted to rescue talks by opening door to White House

Politics

6 d. ago Trump plans 100% tariff on computer chips, unless companies build in U.S.

President Donald Trump says he's imposing a 100% tariff on computer chips— a move that raises the specter of higher prices for electronics, autos, household appliances and other essential goods that depend on the processors

Politics

6 d. ago Airbnb warns of ‘tough’ months ahead even as it beats estimates

Executives caution on future earning margins as Trump’s tariffs go into effect and it invests in new services

Events

6 d. ago Airbnb beats profit estimates as travel recovers from Trump tariff shock

Home rental group flags ‘tough’ rest of year with lower margins as US trade war concerns linger

Politics

7 d. ago Trump hits India with extra 25% tariff for Russia oil purchases

US president issues executive order after envoy’s talks in Moscow

Politics

8 d. ago Trump’s shock new tariff move could add $80 to Scottish products sold in the USA, says Parcelhero

Despite previously announcing that the US would keep its de minimis tariff threshold until July 2027, President Trump is now set to scrap it at the end of this month. That means all goods worth $800 or less entering the US from Scotland and the rest of the UK will no longer be exempt from US tariffs, says the international delivery expert Parcelhero. However, there are two hacks that will help senders avoid the worst impact of the new duties.

Politics