4 d. ago Bailey says BoE must ‘take seriously’ risk to growth from Trump tariffs

Bank of England governor signals that central bank is likely to cut UK interest rates next month in response to uncertainty

Politics

5 d. ago Trump tariffs risk driving public debt to postwar high, says IMF

Fund warns global government debt could reach 117% of output by 2027 or worse if trade tensions intensify

Events

6 d. ago Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lendersIMF warns of ‘major negative shock’ from Trump’s tariffsEditorial: Donald Trump could cost the world $1tnThe global financial system is coming under increasing strain as Donald Trump’s trade war rocks markets, the International Monetary Fund has warned.“Global financial stability risks have increased significantly,” the IMF said in its regular snapshot of the system, urging regulators to be on the alert for potential crises. Continue reading...

Events

1 week ago Trump tariffs put Fed’s jobs and inflation goals at risk, Powell says

US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

Economics

1 week ago Trump’s tariffs put Fed’s jobs and inflation goals at risk, says Powell

US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

Economics

1 week ago Inside the Chinese ‘Shein villages’ facing an existential threat from Trump tariffs

Despite allegations of exploitation, thousands of Chinese workers have come to rely on Shein for their livelihoods, writes Casey Hall and Sophie Yu. Trump’s tariffs could put all that at risk

Politics

1 week ago Risky corporate borrowers shut out of bond market since Trump’s tariff blitz

Slowdown in high-yield bond market issuance threatens a tentative rebound in dealmaking

Politics

2 w. ago ‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’Business live – latest updatesChina has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “the sky won’t fall”, as stock markets rose on Monday amid signs of a retreat on electronics restrictions.The world’s second-largest economy has diversified its trade away from the US in recent years, according to Lyu Daliang, a customs administration spokesperson, in comments reported by state-owned agency Xinhua. Continue reading...

Politics

2 w. ago Billionaire hedge fund leader warns US facing something ‘worse than a recession’

US ‘very close’ to a recession after weeks of Trump tariff instability, warns Ray Dalio

Events

2 w. ago ‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

Events

2 w. ago US risky debt funds hit by historic outflows as Trump’s tariffs shake markets

Investors rush away from junk bonds and leveraged loans on rising recession fears

Economics

2 w. ago ‘The damage is done’: Why the risk of global recession remains despite Trump’s tariff pause

Even with a 90-day pause on aggressive tariff hikes, leading economists say global damage has already been done thanks to ongoing uncertainty

Events

2 w. ago China retaliates with 84% tariffs as Trump says ‘great time to move companies to the US’ – business live

Stock markets down in UK and across Europe after steep declines in Asia, while turmoil spreads to bond market China announces 84% tariffs on all US goods in response to Trump’s 104%Bank of England warns Trump tariffs threaten global growth and raise risk of ‘severe shocks’Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Politics

2 w. ago EU drug firms warn of exodus to US as Trump threatens import tariffs

Von der Leyen urged to take ‘rapid and radical action’ as president says tariffs on pharmaceuticals coming ‘shortly’The Irish villages under threat from Trump’s tariffsPharmaceutical companies in the EU have warned of a “risk of exodus” to the US as stocks in the sector slid around the world on the back of Donald Trump’s renewed threat to impose tariffs on US drugs imports.Drugmakers’ shares across Europe and India, another foreign drugs hub, slipped on Wednesday after Trump indicated further carnage was on the way in addition to the 20% “reciprocal tariffs” on imports that kicked in overnight. Continue reading...

Events

2 w. ago EU drug companies warn of exodus to US as Trump threatens import tariffs

Von der Leyen urged to take ‘rapid and radical action’ as president says tariffs on pharmaceuticals coming ‘shortly’The Irish villages under threat from Trump’s tariffsPharmaceutical companies in the EU have warned of a “risk of exodus” to the US as stocks in the sector slid around the world on the back of Donald Trump’s renewed threat to impose tariffs on US drugs imports.Drugmakers’ shares across Europe and India, another foreign drugs hub, slipped on Wednesday after Trump indicated further carnage was on the way in addition to the 20% “reciprocal tariffs” on imports that kicked in overnight. Continue reading...

Events

2 w. ago Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England

Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warnsTrump imposes new tariffs on dozens of partnersDramatic sell-off of US government bondsBusiness live – latest updatesDonald Trump’s sweeping tariffs have put global growth at risk, the Bank of England has warned, heaping pressure on government finances and increasing the likelihood of “severe shocks” to the financial system.The Bank’s financial policy committee (FPC) said its global risk environment had deteriorated and “uncertainty had intensified” since its last update in November, with US tariff announcements contributing to a “material increase in risks to global growth” and inflation levels. Continue reading...

Events

2 w. ago NHS medicines could be at risk due to Trump tariffs and global trade friction, ministers warned

Ministers must treat medicines supplies as a ‘defence’ issue as it faces ‘hostile activity’ over the brewing trade war

Events

2 w. ago Global trade friction sparked by Trump tariffs could put 85% of NHS medicines at risk, ministers warned

Ministers must treat medicines supplies as a ‘defence’ issue as it faces ‘hostile activity’ over the brewing trade war

Events

3 w. ago Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss

Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too longEuropean markets slumpBusiness live – latest updatesThe JP Morgan chief executive, Jamie Dimon, has warned that it may be “hard to reverse” the effect of Donald Trump’s tariffs, which he said would drive prices higher and make a US recession more likely.The boss of the US bank said in his annual letter to investors that while there were some “legitimate reasons” for the number of new taxes applied to goods imported into the US, there could be some serious consequences if the tariffs were maintained for too long. Continue reading...

Economics

3 w. ago How Trump's tariffs will impact crypto: From Bitcoin to Ethereum, world

There are fears that the huge tariffs imposed on America's trading partners, will mean firms will find it harder to do business abroad and the fall in trade will lead to global economic recessions.

Politics