5 h. ago ‘Cinema doesn’t ship that way’: Wes Anderson mocks Donald Trump’s film tariff plans in Cannes

While acknowledging he is ‘not an expert in that area of economics’, the director criticised Trump’s announcement of a 100% tariff on films ‘from foreign lands’American director Wes Anderson has mocked Donald Trump’s plan to impose severe tariffs on foreign-made films, suggesting it would mostly financially hit film-makers like him and be unworkable in practice.“Can you hold up the movie in customs?” the world’s chief auteur of cinematic whimsy asked at a press conference at the Cannes film festival. “I feel it doesn’t ship that way. I’m not sure I want to know the details so I’ll hold off on my official answer.” Continue reading...

Politics

6 h. ago Eurozone growth forecasts cut amid uncertainty over Trump trade war

Tariffs impact demands ‘considerable downgrade’, to 0.9% this year and 1.4% in 2026, says European CommissionBusiness live – latest updatesThe European Commission has cut its growth forecasts for the eurozone this year and next as a result of uncertainty caused by Donald Trump’s tariff wars.The commission said the impact of tariffs demanded a “considerable downgrade” to the expected growth this year of the 20-member eurozone to 0.9% from the previous forecast, made in November, of 1.3%. Continue reading...

Politics

10 h. ago Energy bills set to change this summer in major boost for millions of UK households

It's another knock-on effect of Donald Trump's aggressive tariff policy

Economics

12 h. ago Donald Trump tariffs blamed as major Scotch whisky producer looks to slash costs

Diageo, which owns 30 distilleries across Scotland, expects the impact of the US President's system of tariffs to cost it tens of millions of pounds each year.

Politics

23 h. ago ALEX BRUMMER: Trumpian tariff on movies is an arrow pointed at Britain

Donald Trump's movie adviser, veteran Oscar-winning actor Jon Voight, thinks tax breaks for Hollywood rather than a blunt levy on foreigners is the answer.

Politics

26 h. ago Trump Treasury secretary admits Americans will pay ‘some’ tariff price hikes

Treasury official says he spoke with Walmart leadership after chain was targeted by Trump’s angry diatribe

Economics

29 h. ago Director Richard Linklater defiantly says Trump film tariffs are ‘not gonna happen’

Linklater made the statements at Cannes Film Festival where he is showing his new film, ‘Nouvelle Vague’

Politics

29 h. ago Treasury secretary says Walmart's warnings on price increases are a 'worst

Treasury Secretary Scott Bessent is playing down inflation risks from the Trump administration’s tariffs

Events

33 h. ago This pause in the trade war will be brief. Small businesses, plan accordingly

Trump’s animosity towards China isn’t going to disappear, and his past actions do not bode well for a quick resolutionDonald Trump’s massive Chinese tariffs are on pause. The media debated. Wall Street rejoiced. Many of my clients breathed a sigh of relief. Big retailers jumped for joy. But for how long?For starters, the tariffs that weren’t paused – a 10% levy on all Chinese goods, plus a bonus 20% tax that somehow relates to fentanyl, are still in place. When you take into consideration existing tariffs on steel from previous Trump and Biden administrations, the effective tariff rate on Chinese goods is actually closer to 40%, according to an analysis done by the Wall Street Journal. Continue reading...

Events

44 h. ago Trump orders Walmart to ‘eat the tariffs’ and stop blaming his trade war for rising prices: ‘I’ll be watching’

President lashes out at world’s largest retailer despite claiming his tariffs are tax on foreign countries not U.S. consumers

Politics

49 h. ago Trump to talk to Putin on Monday about Ukraine ceasefire proposal and trade

In social media posts, president also slammed Walmart for price increases and spread anti-Clinton conspiracy theoriesDonald Trump has said that he will speak to both Vladimir Putin and Volodymyr Zelenskyy in an effort to stop what he called the “bloodbath” war in Ukraine, in a barrage of new social media posts that included baseless conspiracy theories and a demand that Walmart not raise prices for customers because of tariffs he has imposed.Trump, posting on his Truth Social account on Saturday, wrote that he will speak to Putin on Monday morning. “THE SUBJECTS OF THE CALL WILL BE, STOPPING THE ‘BLOODBATH’ THAT IS KILLING, ON AVERAGE, MORE THAN 5000 RUSSIAN AND UKRAINIAN SOLDIERS A WEEK, AND TRADE,” Trump wrote, in his customary all-capitalized prose. Continue reading...

Politics

54 h. ago Trump's latest approval rating revealed as he secures trillion

Trump began his trip celebrating the news that the last living American hostage Edan Alexander was released by Hamas.

Politics

59 h. ago Gone in 40 days: how Trump’s ‘liberation day’ tariff assault unraveled

The impact of those six chaotic weeks, from higher prices to slowing growth, is still unfolding, and the story continuesDonald Trump hailed a new chapter in the US’s economic history on 2 April, dubbed “liberation day” by his administration, as he announced plans for an extraordinary barrage of US tariffs on the world. The chapter lasted 40 days.The page has already been turned. But the impact of those six chaotic weeks, from higher prices to slowing growth, is still unfolding – and the US president is already threatening further adjustments. The story continues. Continue reading...

Politics

2 d. ago Moody’s downgrades US credit rating from top level for first time amid fears over soaring debt

Credit rating agency sees no real effort by government to cut spending, expects fiscal performance to deteriorate, and Trump’s tariffs to significantly hurt nation's long-term growth

Politics

3 d. ago Trump says US will unilaterally set tariff rates for some of its trading partners

President says letters revealing rates will be sent out within weeks as US lacks capacity for individual dealsBusiness live – latest updatesDonald Trump has said the US will send letters to some of its trading partners to unilaterally impose new tariff rates, suggesting that Washington lacks the capacity to reach individual trade deals.Highlighting the challenge for the White House to negotiate deals with scores of countries at once, Trump said it was “not possible to meet the number of people that want to see us”. Continue reading...

Politics

3 d. ago Trump says US will unilaterally set new tariff rates for scores of countries

President says letters revealing rates will be sent out within weeks as Washington lacks capacity for individual dealsBusiness live – latest updatesDonald Trump has said the US will send letters to some of its trading partners to unilaterally impose new tariff rates, suggesting that Washington lacks the capacity to reach individual trade deals.Highlighting the challenge for the White House to negotiate deals with scores of countries at once, Trump said it was “not possible to meet the number of people that want to see us”. Continue reading...

Politics

3 d. ago Trump says US will set new tariff rates for scores of countries

President says Washington lacks capacity to strike deals with every nation

Politics

3 d. ago Trump says US will set tariff rates for scores of countries in 2 to 3 weeks

President says Washington lacks capacity to strike deals with every nation

Politics

3 d. ago Tony Blair urges Starmer not to retaliate against Trump tariffs

Exclusive: In a rare intervention, the former prime minister says it’s not in UK best interests to hit back with own tariffs

Politics

3 d. ago Donald Trump said he had a ‘little problem’ with Apple’s Tim Cook over India iPhone plans

Trump said he admonished the Apple CEO over reports it was accelerating plans to make most of the iPhones for the U.S. market in India

Politics