2 w. ago Trump's China tariffs swing a sledgehammer at importers and cheap goods

U.S. importers are bracing for the impact of President Donald Trump's staggering 145% levy on Chinese imports

Politics

2 w. ago US tariffs on China now 145%, as Trump’s policy branded ‘worst self

Total combines Trump’s ‘reciprocal’ tariffs of 125% and the 20% fentanyl levy, while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Politics

2 w. ago Tariffs live: Asian markets rebound after Trump pauses most tariffs – but 125% levy on China remains

Trump intensifies trade war with China but softens stance elsewhere after US bond market jitters

Politics

2 w. ago ALEX BRUMMER: China's furious response is the start of a truly explosive trade war

Strategic analysts have long forecast that the competition for supremacy between the world's economic superpowers, the United States and China , would end in war.

Events

2 w. ago Starmer shifts focus in US trade talks to cutting 25% tariff on UK cars

Prime minister admits he does not know if Trump can be persuaded to scrap 10% levy on all imports

Politics

2 w. ago US stocks surge as Trump pauses ‘reciprocal’ tariffs for 90 days

Most countries’ imports face a maximum 10% levy but Trump hits China harder

Politics

2 w. ago Keir Starmer shifts focus in US trade talks to cutting 25% tariff on UK cars

PM admits he does not know if Trump can be persuaded to scrap 10 per cent levy on all imports

Politics

2 w. ago China hits US imports with additional retaliatory tariff of 50%

Beijing to match new duties imposed by Donald Trump with effect from Thursday as trade war escalates

Events

2 w. ago China slaps 84% revenge tariffs on US goods in huge new escalation hours after Trump imposed 104% levy

Xi Jinping's China will impose 84% tariffs on U.S. goods from Thursday, up from the 34% previously announced, the finance ministry said on Wednesday. 

Politics

2 w. ago Trump tariffs live: China announces fresh 84% levy on US goods in latest trade war escalation

Asian markets slump again in Wednesday’s early trade as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Politics

2 w. ago Tariffs live: China stunned by JD Vance calling its workers ‘peasants’ as Trump’s 104% levy comes into force

Asian markets slump again in Wednesday’s early trade as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Politics

2 w. ago Trump declares 'war with the world' as his 'explosive' tariffs take effect and send global stocks plunging again

Asian shares slipped further today as the latest set of Donald Trump's tariffs took effect including a massive 104 per cent levy on Chinese imports.

Events

2 w. ago Tariffs live: Asian markets fall as Trump’s 104% levy against China comes into effect

Beijing has vowed to 'fight to the end' in deepening US-China trade war

Economics

2 w. ago Tariffs live: Asian markets fall as Trump confirms China will face 104% levy overnight

Trump’s total new levies climb to 104% on Chinese goods imported into US this year

Economics

2 w. ago Wall Street slumps as hopes wane for tariff delays; US says it will implement 104% tariff on China – business live

US stock market swings wildly as investor hopes for concessions and delays on tariffs waxed then waned How ‘liberation day’ rout compares with other notorious stock market crisesWall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’Trump threatens additional 50% tariffs on China over retaliatory leviesSouth Korea’s government has approved Tuesday 3 June as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his declaration of martial law.The move comes after Yoon’s removal after the country’s constitutional court voted unanimously on Friday to uphold parliament’s decision to impeach him over his ill-fated declaration of martial law in December. Continue reading...

Economics

2 w. ago Wall Street surges 3% as European markets rebound on trade deal hopes – business live

Rallies come as US Treasury secretary says he believes country can reach ‘some good deals’ with trading partnersHow ‘liberation day’ rout compares with other notorious stock market crisesWall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’Trump threatens additional 50% tariffs on China over retaliatory leviesSouth Korea’s government has approved Tuesday 3 June as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his declaration of martial law.The move comes after Yoon’s removal after the country’s constitutional court voted unanimously on Friday to uphold parliament’s decision to impeach him over his ill-fated declaration of martial law in December. Continue reading...

Economics

2 w. ago Detroit's 'Big Three' car makers more exposed to Trump's tariffs than German and Japanese rivals

General Motors, Ford, and Stellantis have been left particularly vulnerable by Trump's 25% import levy, according to market analysis by automotive intelligence company Jato Dynamics.

Politics

2 w. ago Wall St set to rally as European markets rebound despite Trump and China trade threats – business live

Beijing says US threat to escalate tariffs against China is a ‘mistake on top of a mistake’ and amounts to blackmailHow ‘liberation day’ rout compares with other notorious stock market crisesWall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’Trump threatens additional 50% tariffs on China over retaliatory leviesSouth Korea’s government has approved Tuesday 3 June as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his declaration of martial law.The move comes after Yoon’s removal after the country’s constitutional court voted unanimously on Friday to uphold parliament’s decision to impeach him over his ill-fated declaration of martial law in December. Continue reading...

Politics

2 w. ago Trump tariffs live: China vows to ‘fight to the end’ in bitter US trade war after FTSE finally rebounds

Trump threatens to impose extra 50% levy on top of existing eye-watering tariff on Chinese imports

Politics

2 w. ago China vows to ‘fight to the end’ against latest Trump tariff threat

Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies loomsTariff market reaction –live updatesChina’s government says it will “fight to the end” if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to China’s retaliatory measures.On Tuesday, China’s commerce ministry accused the US of “blackmail” and said the US president’s threats of additional 50% tariffs if Beijing did not reverse its own 34% reciprocal tariff were a “mistake on top of a mistake”. Continue reading...

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