47 h. ago Rachel Reeves in US for trade showdown talks in hopes of saving ailing economy

Rachel Reeves will meet with US counterpart Treasury Secretary Scott Bessent in the hopes of seeking the best deal possible for Britain amid crippling US trade tariffs

Economics

2 w. ago UK drivers handed boost as cost of petrol set to fall by 6p a litre within weeks

It's another consequence of President Trump's 'liberation day' tariffs

Politics

2 w. ago Trump's tariffs could TRIPLE the price of an iPhone as Apple loses 10% of its value in one day and faces a customer boycott

The cost of a 256GB iPhone 16 Pro could soar from $1,100 (£850) to as much as $3,500 (£2,715), experts warned after the President Donald Trump's 'Liberation Day' crackdown last week.

Economics

2 w. ago Let's take a breath: Definitely not 'happy' Starmer embarks on diplomatic mission to talk allies out of any big retaliations over tariffs

The Prime Minister last night began a flurry of diplomatic calls designed to coordinate responses to President Trump's 'Liberation Day' announcement on tariffs

Politics

3 w. ago From Nike to Apple: which US brands could be hit hardest by Trump tariffs and what’s at stake?

Companies with suppliers in Asian countries are likely to have to raise prices after the US president’s measuresBusiness live – latest updatesDonald Trump’s “liberation day” tariff war has so far wiped trillions off the market value of publicly traded companies, with the sweeping border taxes of up to 50% poised to wreak havoc on businesses across the world.US-based global brands from Nike to Apple have suffered some of the heaviest falls in share price and market value, as investors react to fears of price increases and a potential slowdown in consumer spending. Here, we examine some of the most exposed industries and brands. Continue reading...

Politics

3 w. ago Stocks tumble on Wall Street as Donald Trump’s sweeping tariffs send shockwaves through global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

3 w. ago US dollar ‘at risk of confidence crisis’ as Trump tariffs rattle global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

3 w. ago The five parts of Wales' economy set to be hit hardest by Donald Trump's tariffs on goods going into the USA

President Donald Trump's "liberation day" tariffs could have a huge impact on industries in the UK and Wales

Politics

3 w. ago China’s furious reaction to Trump’s tariff announcement – but not for the reason you think

In the wake of US President Donald Trump's "Liberation Day" announcement on tariffs placed on every nation in the world, China has reacted to fury on taxes placed on another nation

Politics

3 w. ago FTSE 100 Live 03 April: Stocks and dollar weaken on tariffs shock, Currys shares bounce

Stock markets have tumbled as shocked investors react to the “Liberation Day” tariffs unveiled by President Trump at the White House last night.

Events

3 w. ago EU threatens countermeasures and Asian markets plunge after Trump tariff announcement – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy after US President Trump targets allies on what he dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessThe new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

3 w. ago ‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs

The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in BritainDonald Trump’s tariff “day of liberation” arrived with the US president imposing markups on imports while accusing other nations, including allies, of “looting, pillaging, raping and plundering” the US.The UK got off relatively lightly with the basic 10%. Here is how major British newspapers see it. Continue reading...

Politics

3 w. ago Watch: Trump brings out big chart to list tariffs during ‘Liberation Day’ speech

US President Donald Trump brought a large chart on stage during his “Liberation Day” announcement to outline his reciprocal tariffs plan.

Politics

3 w. ago Trump hits UK with 10% 'reciprocal' tariffs as he unveils 'Liberation Day' onslaught including 25% on ALL foreign car imports

Donald Trump is expected to confirm that the UK will not escape the pain of levies he claims will restore 'fairness' in global trade.

Politics

3 w. ago Trump's trade war kicks off: US president unveils 'Liberation Day' tariffs including 25% on ALL foreign car imports amid fears UK faces being battered

Donald Trump is expected to confirm that the UK will not escape the pain of levies he claims will restore 'fairness' in global trade.

Politics

3 w. ago Trump ‘Liberation Day’ live: President to unveil tariff plan from Rose Garden as world braces for its economic impact

All eyes are on President Trump as he prepares to reveal the next phase of his sweeping tariff agenda, leaving global markets fearing a trade war

Politics

3 w. ago Trump liberation day live: President set to unveil secret tariff plan as world braces for its economic impact

All eyes are on President Trump as he prepares to reveal the next phase of his sweeping tariff agenda, leaving global markets fearing a trade war

Politics

3 w. ago What time is the Liberation Day announcement and what will Donald Trump announce on tariffs?

The Scotsman takes a look at what you need to know about today’s White House announcement by Donald Trump on what the US president has branded ‘Liberation Day’

Politics

3 w. ago Stock market today: Asian shares mostly decline ahead of Trump's latest tariffs

Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day

Politics

3 w. ago The top Trump official who will take the blame if Liberation Day tariffs go south

President Donald Trump will take all the credit if his 'Liberation Day' tariffs bring manufacturing stateside and give the U.S. economy a boost.

Politics