32 h. ago Trump floats cutting Chinese tariffs from 145% to 80% before weekend talks

Meeting aimed at de-escalating trade war after Chinese exports beat expectations despite slump in tradeDonald Trump has floated cutting tariffs on China from 145% to 80% before a weekend meeting as he looks to de-escalate the trade war.Top US officials are set to meet a high-level Chinese delegation this weekend in Switzerland in the first significant talks between the two nations since Trump sparked a trade war with stiff tariffs on imports. Continue reading...

Politics

36 h. ago Starmer's trade deal with the US 'only covers a quarter of UK exports' as huge pharma sector is left in limbo

The pact theatrically announced by the PM and US president last night will cut tariffs from 25 per cent to 10 per cent for the first 100,000 cars sent to America.

Economics

52 h. ago Tories accuse Starmer of 'shafting' Britain with US trade deal: Trump lowers tariffs on car and steel exports to America while US farmers get access to Britain

Donald Trump said the agreement would be 'really good' for both sides - as British businesses hope for relief from his brutal tariffs.

Economics

53 h. ago Car tariffs cut to 10% on US exports says Starmer, after signing Trump trade deal – UK politics live

PM says deal will ‘save thousands of jobs in Britain’ and tariffs on steel and aluminium have been cut to zeroStarmer and Trump to announce UK-US trade dealThe Liberal Democrats treasury spokesperson Daisy Cooper has reiterated the party’s position that any trade deal with the US should be put to parliament for approval before being ratified, saying Labour “should not be afraid” of a vote if they are confident a deal is in the country’s best interests.Cooper, the MP for St Albans, said in a statement:Parliament must be given a vote on this US trade deal so it can be properly scrutinised.A good trade deal with the US could bring huge benefits, but Liberal Democrats are deeply concerned that it may include measures that threaten our NHS, undermine our farmers or give tax cuts to US tech billionaires.If it’s correct, and you know, whilst we haven’t been named publicly, it does sound like something’s happening, nevertheless, it would be wholly speculative [to comment].As you appreciate ...

Politics

6 d. ago Chinese exporters ‘wash’ products in third countries to avoid Trump tariffs

Asian neighbours wary of becoming staging posts for trade actually destined for US

Politics

7 d. ago Jaguar Land Rover restarts car exports to the US despite Donald Trump's 25 per cent tariffs that will put £9,500 on price of a Range Rover Evoque

Jaguar Land Rover has resumed shipments of its cars to the US after apparently shrugging off concerns about Donald Trump 's trade tariffs, which will see a 25 per cent levy on foreign cars.

Economics

7 d. ago Online retailer stuns shoppers by abruptly halting packages from China as Trump's tariff rules kick in

Bargain fast-fashion chain Temu has halted all shipments into the US from China. 

Politics

9 d. ago Trump tariffs cause fastest slump in British factory export orders in five years

Decline in output and new orders in April allied with rising uncertainty is prompting layoffs, survey findsBusiness live – latest updatesBritain’s factories suffered a slump in export orders last month as Donald Trump’s globally unsettling tariff regime sent overseas demand for UK goods tumbling at the fastest pace in five years.Manufacturers reported rising economic and trade uncertainties in April as some tariffs took effect and other threatened border taxes loomed, forcing them to lay off workers for a sixth consecutive month. Continue reading...

Politics

9 d. ago Trump tariffs cause fastest slump in British factory export orders in five years – business live

Live, rolling coverage of business, economics and financial markets as UK manufacturers report falling export orders and China signals openness to US trade talks Fhaheen Khan, senior economist at Make UK, a lobby group for British manufacturing, said:UK manufacturers are caught in the eye of a perfect storm, with rising costs and international trade uncertainty undermining growth prospects. While actual changes in trade have been limited, the unpredictability, particularly around US tariff policy, is doing significant damage and paralysing decision makers. Many firms are delaying major investment decisions until greater clarity emerges, while being forced in the meantime to cut costs through redundancies while pushing through price increases.This has left manufacturing experiencing its most severe slowdown in years, with the UK at a competitive disadvantage compared to our European peers who are weathering current challenges relatively better. As a result, it is now vital that gover...

Politics

9 d. ago What are Ukraine’s rare earth minerals, where are they and what does this deal with Trump involve?

More than 50 per cent of Ukraine’s critical rare earth mineral resources are in regions illegally annexed by Vladimir Putin and partially occupied by his forces

Politics

1 week ago Aston Martin cuts US exports as tariffs batter car industry: Mercedes, Stellantis and VW also sound the alarm over Trump trade war turmoil

The car industry was rocked when Trump announced a 25% charge on vehicle and part imports in a bid to ramp up domestic manufacturing.

Events

1 week ago Ukrainian officials say Kyiv 'ready to sign minerals deal' with US today

Ukraine and the US are said to be close to agreeing a landmark rare earth minerals deal which will allow the Americans to plunder the eastern European nation's mines

Politics

1 week ago China's export orders dip in April as Trump's tariffs begin to bite

Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in

Politics

2 w. ago Trump tenderly applies mascara to 'eyeliner man' JD Vance as the pair snuggle in an all

Chinese commentators across the political spectrum have found rare common ground in their meme-led criticism of the U.S. president and his deputy.

Politics

2 w. ago JD Vance is declared 'the eyeliner man' and dressed up in pink while Trump is likened to a North Korean dictator as furious China unleashes meme warfare on US

Chinese commentators across the political spectrum have found rare common ground in their meme-led criticism of the U.S. president and his deputy.

Politics

2 w. ago Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Business live – latest updatesXi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports. Continue reading...

Events

2 w. ago Baidu founder highlights ‘shrinking’ demand for DeepSeek’s text

Search group’s chief makes rare criticism of China’s generative artificial intelligence darling

Politics

2 w. ago ‘We don’t call them woolly maggots’: how wildlife campaigners put sheep at heart of rewilding plans

The Wildlife Trusts are in shock after acquiring 4,000 sheep in Rothbury estate deal as part of land restoration projectWoolly maggots, nature-destroyers – sheep are criticised by many conservationists for denuding Britain’s uplands of rare plants and trees.So The Wildlife Trusts were shocked when they were compelled to buy 4,000 sheep as part of the biggest land restoration project in England. Continue reading...

Politics

2 w. ago ‘It blew us away’: how an asteroid may have delivered the vital ingredients for life on Earth

Extraterrestrial rocks, recently delivered by a space probe, could answer the big questions about alien lifeforms and human existenceSeveral billion years ago, at the dawn of the solar system, a wet, salty world circled our sun. Then it collided, catastrophically, with another object and shattered into pieces.One of these lumps became the asteroid Bennu whose minerals, recently returned to Earth by the US robot space probe OSIRIS-REx, have now been found to contain rich levels of complex chemicals that are critical for the existence of life. Continue reading...

Events

3 w. ago Donald Trump will meet with 'his friend' the King at Windsor Castle to fix arrangements for 'unprecedented' second State visit

Sir Keir Starmer urged Donald Trump to drop his tariffs on British exports yesterday after the US President warned he could keep 'substantial' levies in place.

Politics