9 h. ago Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

10 h. ago Trump says Trade War ‘deal with China is done’ and he and Xi agree on minerals: ‘FULL MAGNETS’

China’s restrictions on rare earth exports have been putting pressure on American manufacturers who rely on them for a wide range of products

Politics

10 h. ago Trump declares deal with China is ‘done’; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

10 h. ago Trump says U.S. trade deal with China is done, after tariff talks in London yield "framework deal"

Trump says U.S. trade deal with China is done, after tariff talks in London yield "framework deal"  CBS News

Economics

11 h. ago Trump declares deal with China is ‘done’, with agreement on rare earths and magnets – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

12 h. ago Tesla shares rise as Musk ‘regrets’ posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

14 h. ago Keir Starmer begs Trump White House to start 'phasing in' UK trade deal this week with Britain's car and steel industry still in limbo over tariffs

The Prime Minister dropped in on a meeting between Howard Lutnick and Business Secretary Jonathan Reynolds in Downing Street on Tuesday.

Economics

5 d. ago Between ‘rollover UK’ and ‘retaliatory China’: will EU hardball secure trade deal with US?

Optimism is growing in Brussels, but high-risk strategy has only weeks to play out before pause in tariff threat endsIn Brussels’ corridors of power, quiet optimism is growing that the EU’s hardball strategy to secure a US trade deal is working. While Britain quickly moved to try to cushion the impact of Donald Trump’s tariffs with a deal agreed last month – and US-Chinese relations are a tit-for-tat situation – the EU has taken a different stance. “We are positioning ourselves between ‘rollover UK’ and ‘retaliatory China’,” said a Brussels source.The stakes are not just the £706bn in transatlantic trade between the EU and US but the fallout from what diplomats and businesses say is a dangerous assault on the global rules-based system that governs western democracy. Continue reading...

Economics

7 d. ago Trump’s ‘big, beautiful bill’ could add $2.4tn to national debt, nonpartisan analysis says – US politics live

Congressional Budget Office assessment comes as Musk is among prominent critics of the bill; Mexico says it will act over tariffs if no trade deal agreedThe Trump administration has reversed its decision to revoke the legal status of a four-year-old girl, receiving continuing life-saving treatment in the US, and her family after a national outcry.Deysi Vargas, her husband and their daughter – whom lawyers identified by the pseudonym Sofia – had come to the US in 2023 to seek medical care for their daughter who has a rare condition that requires specialized treatment. But in April, the federal government ended their humanitarian parole, a temporary status granted to people on urgent humanitarian grounds, and ordered them to “self-deport”. Continue reading...

Politics

7 d. ago Keir Starmer promises Donald Trump trade deal will be in force in 'very short time'

The PM insisted the government is "working on it" to bring steel tariffs down to zero - as he promised when the deal was announced last month

Politics

7 d. ago PMQs: Keir Starmer trumpets UK as 'only country in world' spared Donald Trump's 50% steel tariff

Gareth Stace, the director general of UK Steel, said that Donald Trump’s decision is a ‘welcome pause’

Politics

7 d. ago Starmer admits finalising his US trade deal could take WEEKS after Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Economics

7 d. ago Why Starmer has five weeks to prove his Trump trade deal is worth the paper it’s written on

The intense talks on Tuesday night may have been about stopping 50 per cent steel tariffs, but at the heart of it whether politicians can prove their credibility, says political editor David Maddox

Politics

7 d. ago Relief as Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Politics

7 d. ago Britain spared Trump's new 50% steel tariffs but industry remains gripped by uncertainty

Gareth Stace, the director general of UK Steel, said that Donald Trump’s decision is a ‘welcome pause’

Politics

8 d. ago Trump is ‘obsessed’ about having a call with China’s Xi this week to hammer out trade deal, insiders reveal

A person familiar with the matter reportedly said the administration is “under a lot of pressure” following China’s critical minerals blockade

Politics

8 d. ago Fears British steel exports could be hammered with Trump's latest 50% tariffs TOMORROW as No10 admits there is STILL no timetable for Starmer's 'trade deal' to be finalised

Keir Starmer and Donald Trump announced the broad terms of an agreement almost a month ago that would exempt the UK from some of the US president's punitive levies on steel and cars.

Economics

8 d. ago Fears British steel exports could be hammered with Trump's latest tariffs TOMORROW as No10 admits there is STILL no timetable for Starmer's 'trade deal' to be finalised

Keir Starmer and Donald Trump announced the broad terms of an agreement almost a month ago that would exempt the UK from some of the US president's punitive levies on steel and cars.

Economics

8 d. ago Do we have a US trade deal or not? Business Secretary meets Trump officials amid fears there is STILL no timetable for terms to be finalised

Sir Keir Starmer and Mr Trump announced the broad terms of an agreement almost a month ago that would excise the UK from some of the US president's punitive levies on steel and cars.

Politics

9 d. ago China vows ‘forceful measures’ after accusing US of violating tariffs truce

Beijing says it is ‘strictly implementing’ consensus reached in Geneva but US is taking steps that ‘seriously undermine’ it

Politics