3 d. ago China carries out 'fake missile launch' on Royal Navy frigate: Fighter jets 'carried out 'constructive kill' in Taiwan Strait'

The provocative manoeuvres saw Chinese aircraft perform so-called 'constructive kills' against HMS Richmond, part of the UK's carrier strike group, according to the Times.

Events

7 d. ago China launches an investigation into Mexico's tariffs on imports from Asia

China has opened an investigation into whether Mexico's import tariffs are a trade barrier

Economics

8 d. ago The next big financial crisis may be brewing. Warning signs are already there | Larry Elliott

The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higherUS job creation has stalled and, despite the curbs on migration, unemployment is rising. Tariffs are pushing up the cost of imports. And Donald Trump is at war with the governor of his own central bank and wants him out.But traders on Wall Street are not bothered by the fact that inflation is above the target or that growth is slowing. Share prices are testing new record levels on an almost daily basis. Jerome Powell, the man Trump wants to be rid of, says stocks are “fairly highly valued”, which is an understatement if ever there was one. By historical standards, stocks are extremely highly valued. There is trouble – perhaps big trouble – ahead.Larry Elliott is a Guardian columnist Continue reading...

Events

2 w. ago Organic food prices could soar as US imposes import restrictions and new tariffs on specialty sugar

The limiting of duty-free organic sugar imports and new tariffs are expected to cause the prices of all kinds of organic products from granola to yogurt to rise in the coming months

Economics

2 w. ago Donald Trump joins royals for state banquet at Windsor as thousands protest against US president’s visit – UK politics live

Politicians, dignitaries and high-profile tech entrepreneurs attend feast Lucy Powell has hit out at the “sexist” framing of her deputy Labour leadership campaign, with people claiming she and her rival, Bridget Phillipson, are standing as “proxies” for two men, Aletha Adu reports.Most of Donald Trump’s policies horrify progressives and leftwingers in Britain, including Labour party members and supporters, but Keir Starmer has said almost nothing critical about the Trump administration because he has taken a view that maintaining good relations with the White House is in the national interest.I understand the UK government’s position of being pragmatic on the international stage and wanting to maintain a good relationship with the leader of the most powerful country in the world. Faced with a revanchist Russia, Europe’s security feels less certain now than at any time since the second world war. And the threat of even higher US tariffs is ever present.But it’s also important to ensu...

Politics

2 w. ago China launches probes targeting US semiconductors ahead of Madrid trade talks

China has launched two probes targeting the U.S. semiconductor sector ahead of trade talks in Spain

Events

3 w. ago Mexico's new tariffs on Asian imports aim to counter US trade pressures

Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50%, as the country tries to shore up domestic production and pass on some of the Trump administration’s tariff pain

Events

3 w. ago EU steelmakers plead for tariffs on cheap imports to avert collapse

Senior Thyssenkrupp executive warns industry is ‘not going to survive’ without emergency protection

Politics

3 w. ago Postal traffic into US plunges by more than 80% after Trump ends exemption

Dozens of operators have suspended service to the US until a solution is implemented on parcels worth $800 or lessPostal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal agency said Saturday.The Universal Postal Union says it has started rolling out new measures that can help postal operators around the world calculate and collect duties, or taxes, after the US eliminated the so-called “de minimis exemption” for lower-value parcels. Continue reading...

Politics

3 w. ago Postal traffic to US sank 80% after Trump administration ended exemption on low

The U.N. postal agency says postal traffic into the United States plunged by more than 80% after a Trump administration move to end a tariff exemption for low-cost imports

Politics