5 d. ago China says it is ‘evaluating’ US offer for talks on Trump tariffs

Beijing warns Washington that any attempt to use talks as pretext to engage in coercion and extortion won’t work

Politics

9 d. ago US tariff war hurting trade with China; M&S tells hundreds of warehouse agency staff not to come to work after cyber

Rolling coverage of the latest economic and financial newsBack in Beijing, China’s foreign ministry has said President Xi Jinping had not spoken to Donald Trump.The ministry also denied that the two administrations are in talks to strike a tariff deal, which contradicts a claim from Trump last week.“As far as I know, the two heads of state have not called each other recently,“I would like to reiterate that China and the U.S. have not conducted consultations or negotiations on the tariffs issue. Continue reading...

Economics

9 d. ago US tariff war hurting trade with China; Beijing ‘confident’ of hitting growth targets – business live

Rolling coverage of the latest economic and financial newsShares in food delivery group Deliveroo have jumped by 17% at the start of trading in London, after receiving a takeover approach from US rival DoorDash.On Friday night, the news broke that DoorDash had offered to buy Deliveroo for $3.6bn (£2.7bn). Continue reading...

Events

1 week ago China grants some tariff exemptions for US imports as trade war bites

Sign of relief for foreign businesses comes as Donald Trump insists talks are under way to reduce levies

Events

2 w. ago UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live

UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade dealEuropean stocks have also opened higher, as a wave of relief spread across markets.The UK’s FTSE 100 index is up by 1.2% at 8,430, while the Italian FTSE MiB rose by 1.4%.Bessent threw a lifeline to fragile US sentiment with conciliatory remarks on the US-China trade war. Bessent said the current tariff situation is “unsustainable” and expects a de-escalation in the near term.We could witness a period where the dollar is tossed around by headlines of Fed independence risk and market-friendly news on US tariff policy. What is clear by now is that no other G10 currency has a higher positive beta to trade news than the dollar. Continue reading...

Politics

2 w. ago Trump warned US economic growth to be hit hardest by tariff trade war: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Events

3 w. ago UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war

Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policyUK officials are tightening security when handling sensitive trade documents to prevent them from falling into US hands amid Donald Trump’s tariff war, the Guardian can reveal.In an indication of the strains on the “special relationship”, British civil servants have changed document-handling guidance, adding higher classifications to some trade negotiation documents in order to better shield them from American eyes, sources told the Guardian. Continue reading...

Politics

3 w. ago Donald Trump’s tariff trade war wipes over £11bn off Scottish pension funds

SUNDAY MAIL EXCLUSIVE: Scots retirement savings on frontline of US president's 'daft' trade war as experts confirm multi-billion pound hit.

Economics

3 w. ago 'Wolf of Wall Street' gives his view on whether Trump is committing insider trading with tariff trade war

Stocks soared on Trump's tariffs pause with the S&P500 closing up 9.5%, while the market gained back about $4 trillion, or 70%, of the value it had lost over the previous four trading days

Politics

3 w. ago Donald Trump has done more to help China 'than any other living human being', Professor Steve Tsang tells the Mail's 'Apocalypse Now?' podcast after tariff pullback

Trump's trade war with China escalated on Wednesday, with America's effective tariff rate against the nation now standing at a record 125%.

Politics

3 w. ago The Guardian view on the tariff war pause: the Trump trade shambles is not over | Editorial

The US president blinked first, but this is just a time-out. The threat to the global economy remains real.It was Donald Trump who blinked first. Never forget that. China is unlikely to overlook its importance. A week after launching an all-out global trade war, the US president paused significant parts of it for 90 days. Having insisted that he would stick with the random tariffs he imposed on most trading nations, Mr Trump suddenly decreed that he would reduce most of them to 10%. It was a major humiliation.Yet 10% is still a significant tariff to bear for nations exporting to the US. This is also only a pause until July, not a withdrawal, so the uncertainty remains. And huge tariffs still remain on China (now hiked to 145%), Canada and Mexico (both 25%), as well as on all US imports of steel, aluminium and cars (also 25%). Mr Trump is now substituting a US-world conflict with a US-China one. The two largest economies in the world – which between them have generated around ha...

Politics

3 w. ago EU agrees to start trade talks with UAE after Trump tariff war

Gulf state pushes for free trade agreement with bloc

Politics

3 w. ago Furious Beijing accuses Trump of 'going against the whole world' after he refused to reverse punishing 125% tariffs as China renews vow to 'fight to the end' in trade war

Trump's multi-front trade war narrowed focus on its eastern theatre as duties were temporarily lifted from dozens of global trading partners - while China faced more tariffs

Politics

4 w. ago CHRISTOPHER BUCKTIN Donald Trump's tariff tantrum is a trade war climbdown dressed as victory

Donald Trump’s approach to tariffs has been as simplistic as it is catastrophic - slap them on, bark about winning, and expect the rest of the world to capitulate. But the world didn’t play along

Politics

4 w. ago Trump reveals how American families can PROFIT from market crash: Live updates

President Donald Trump said other world leaders are desperate to deals with him as his tariffs come into effect.

Events

4 w. ago Trump Treasury Secretary Scott Bessent fires back at 'loser' China in all

President Donald Trump said other world leaders are desperate to deals with him as his tariffs come into effect.

Politics

4 w. ago China hits out at 'threats and coercion' over Donald Trump's 104% tariffs

China's government has shared a white paper on the country's popular Weibo platform, spelling out the context of the trade war after President Donald Trump hit the country with record-high tariffs

Events

4 w. ago Elon Musk escalates MAGA civil war over Trump's tariffs with very telling action

Elon Musk isn't backing off his escalating war of words with President Donald Trump's tariff architect and trade advisor Peter Navarro.

Politics

4 w. ago What do Trump’s 104% tariffs on China mean and who will be affected?

As Trump slaps 104% tariffs on China, Alicja Hagopian and Millie Cooke look at what industries will be hardest hit.

Politics

4 w. ago China hits back in Donald Trump trade war with HUGE new tariff on US goods

We'll be bringing you the very latest updates, pictures and video on this breaking news story.

Events