8 d. ago ’Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate

The Trump administration raised tariffs on goods from China to 145% in early April

Politics

2 w. ago Sinn Fein TD apologises for ‘hurt and offence’ in post about gender ruling

David Cullinane had said the Supreme Court ruling on the definition of ‘woman’ in equality law was a ‘common sense judgement’.

Politics

3 w. ago LVMH sales fall sharply in warning sign for the luxury industry

Slowing demand in the US and ongoing struggles in China will raise concerns for an industry grappling with Trump’s tariffs

Events

3 w. ago Trump live updates: U.S. markets close up ending volatile week despite China raising tariffs to 125% in retaliation

‘Going against the world will only lead to self-isolation,’ Chinese Premier Xi Jinping warns

Politics

3 w. ago Trump live updates: Stock markets down again after China raises tariffs to 125% in retaliation

‘Going against the world will only lead to self-isolation,’ Chinese Premier Xi Jinping warns

Economics

3 w. ago The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods

China has announced that it will raise tariffs on U.S. goods from 84% to 125%

Events

3 w. ago China raises tariffs on US goods to 125% as superpower trade war escalates even further

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

Events

3 w. ago China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continuesBusiness live – latest updatesWhy did ‘strongman’ Trump back down on tariffs? – podcastChina has raised its tariffs on US products to 125% in the latest salvo of the trade dispute with Washington, just hours after Xi Jinping said there were “no winners in a tariff war”.Xi made the comments during a meeting with the Spanish prime minister in which he invited the EU to work with China to resist “bullying”, part of an apparent campaign to shore up other trading partners. Continue reading...

Politics

3 w. ago China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday

China has announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday

Politics

3 w. ago Tariffs live: China raises levies to 125% on US as Trump trade war escalates

British and European markets show signs of recovery as US president threatens to go ahead with ‘reciprocal’ levies

Politics

3 w. ago China raises tariffs on US goods to 125% as it slams Trump for 'defying basic economic laws and common sense'

China will impose 125% tariffs on U.S. goods from Saturday, up from the 84% previously announced, the finance ministry said on Friday.

Economics

3 w. ago China hikes US tariffs up to 125 per cent from TOMORROW as it slams Donald Trump's 'bullying'

China has reacted to Donald Trump's 125% tariffs by installing its own reciprocal rate on US imports which are set to come into effect from tomorrow, as it accuses the US of bullying

Politics

3 w. ago China raises tariffs on US goods from 84% to 125%, finance ministry says – business live

China’s finance ministry said it will resolutely take countermeasures against Trump tariffs and fight to the endUS stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardeningThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

3 w. ago US stocks fall again after rally following Trump’s shock retreat on tariffs

Sell-off comes amid anger from Democrats over retreat that rattled markets, while Republicans praise Trump’s ‘art of the deal’ in actionUS politics live – latest updatesUS stocks fell again on Thursday after a historic rally following Donald Trump’s shock retreat on Wednesday on the hefty tariffs he had just imposed on dozens of countries.The falls came as the president blamed “transition problems” for the market reaction and the sell-off deepened after a White House clarification noted that total tariffs on China had been raised by 145% since Trump took office. Continue reading...

Politics

4 w. ago London shares soar after Trump puts most threatened tariffs on pause

However tariffs on China were raised again to an unprecedented 125%

Politics

4 w. ago Asian markets rocket after Trump puts most threatened tariffs on pause

However tariffs on China were raised again to an unprecedented 125%

Events

4 w. ago Trump news at a glance: Trump pulls back on global tariffs but slaps China with 125%

Move comes after stock market turmoil; Ice chief says deportations should run ‘like Amazon Prime’ – key US politics stories from 10 April at a glanceDonald Trump announced a 90-day pause on tariffs for most countries except China, whose tariffs he raised to 125% on Wednesday.After insisting for days that he would hold firm on his aggressive trade strategy, Trump announced that all countries that had not retaliated against US tariffs would receive a reprieve – and only face a blanket US tariff of 10% – until July. Continue reading...

Politics

4 w. ago China’s new tariffs on US goods to come into effect as Trump pauses measures for other countries – business live

China’s 84% retaliatory tariffs on US goods, announced on Wednesday, are due to come into effect on ThursdayRead the latest full reportIn a stunning U-turn, Trump has reversed high tariffs on most nations – at least for 90 days. But the focus is now on China, the second-biggest provider of US imports, of which the pause does not apply.Instead, Trump has raised tariffs on China to 125%, while China has announced new tariffs of 84% on all US imports, further escalating a high-stakes confrontation between the world’s two largest economies.For President Xi, there is only one politically viable response to Trump’s latest threat: Bring it on! Having already surprised domestic audiences with a forceful 34% reciprocal tariff, any appearance of backing down would be politically untenable,” says Diana Choyleva, founder and chief economist at Enodo Economics, a forecasting firm.”Global markets surged after Trump announced his 90-day tariff pause. The S&P 500 surged 5.6%, while the Nasdaq h...

Politics

4 w. ago Donald Trump blinks... but doubles down on China: After market turmoil, President announces 90

In a dramatic climbdown, the US President said a blizzard of 'reciprocal' tariffs on countries worldwide would be put on hold to allow time for trade talks.

Politics

4 w. ago Donald Trump is losing his ‘war with the world’ after barely a week

Editorial: With the US and China busy raising tit-for-tat tariffs, the two largest economies in the world have effectively ceased trading with one another – but the president’s pause gives hope for a rethink

Politics