36 m. ago Trump hails Bezos for scrapping plan to show Amazon shoppers tariff price hikes on products

Online retail giant claims that policy angry president attacked showing tariff price hikes on products was ‘never approved and is not going to happen’

Economics

6 h. ago White House lashes out at ‘hostile and political act by Amazon’

Spat comes after report alleged tech giant was planning to display price increases caused by Trump’s tariffs

Politics

7 h. ago White House calls Amazon ‘hostile’ for reportedly planning to list tariff costs

White House accuses Amazon of ‘hostile and political act’ after report says company will display tariffs costs on siteThe White House accused Amazon of committing a “hostile and political act” after a report said the e-commerce company was planning to inform customers how much Donald Trump’s tariffs would cost them as they shopped.The press secretary, Karoline Leavitt, was responding to a report in Punchbowl News, which, citing a person familiar with the matter, reported that Amazon would begin displaying on its site how much the tariffs had increased the prices of individual products, breaking out the figure from the total listed price. Continue reading...

Economics

3 d. ago Trump’s planned pharmaceutical tariffs would raise costs by $51bn annually, report finds

Prices of medication and other costs could increase by as much as 12.9 percent if the tariffs are put in place

Economics

6 d. ago UK must take impact of trade wars ‘very seriously’, says Bank governor

Andrew Bailey said the central bank is currently ‘working through’ the implications of US President Donald Trump’s tariff plans.

Events

6 d. ago Trump’s tariffs driving thousands of layoffs at US manufacturing plants

Trump said the plan was to increase manufacturing jobs

Economics

1 week ago Netflix quarterly result beats Wall Street expectations despite Trump tariff’s pall

Streaming firm reported a $10.54bn revenue in first quarter, though analysts say consumers could reconsider spendingNetflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding Donald Trump’s erratic tariff plans.Netflix reported revenue of $10.54bn for the first quarter, edging past analysts’ estimates of $10.52bn, according to data compiled by the London Stock Exchange Group (LSEG). Shares of the company were roughly flat in after-hours trading at $970.10. Continue reading...

Politics

1 week ago Gavin Newsom’s California becomes the first state to sue Trump over his tariff plan

The suit argues that as a ‘global leader in trade,’ the Golden State will bear an ‘inordinate share’ of the costs resulting from the sweeping levies

Politics

1 week ago Why your pension could be dealt a body blow as Trump eyes tariffs for Britain's top drug firms

If the tariff-loving Trump goes ahead with his plans, it will hit AstraZeneca - the most valuable company on the UK stock market - and also rival GSK, another stalwart of the FTSE 100.

Economics

2 w. ago The Guardian view on Donald Trump’s industrial policy: inward turn by ultimatum | Editorial

The US is retreating behind chokepoints and tariffs. It remains determined to invent the future but is struggling to ensure its control Globalisation is out; reshoring is the new realism. Intel’s half-built Ohio campus and Nvidia’s US supercomputer plan demonstrate the very different routes taken by Joe Biden and Donald Trump in the search for homegrown tech dominance. Mr Biden relied on institutions: grants, land and investment incentives. That approach has stalled after last year’s election, rendering Intel’s plant idle. Mr Trump prefers court politics: flattery, pressure and tariff threats. Nvidia’s move seems driven less by design than executive ultimatum. Industrial strategy lives on – but, and this is a concern, increasingly through presidential menace, not policy.There’s another important message in the Nvidia announcement. In an era where ideas spread freely, power lies not in invention but in chokepoints, such as artificial intelligence supercomputer fabrication, that deter...

Events

2 w. ago US tariffs explained: what they are, how they work and who they affect

President Trump’s tariff plan, which included a 10% charge on imports from the UK, has shaken the world’s financial markets

Economics

2 w. ago Gavin Newsom launches new campaign to encourage Canadians to visit California in Trump tariff dig: ‘Don’t let him ruin your beach plans’

California governor Gavin Newsom has launched a new international campaign with Visit California to encourage a "strong tourism partnership" between the state and Canada.

Politics

2 w. ago Majority believes the wealthy and large corporations will benefit the most from Trump’s tariff plan

Americans’ view of tariff outcomes mirror opinion of 2017 Republican tax cuts set to be extended by Congress this year

Politics

2 w. ago Trump rolls back some more tariffs as his ‘Liberation Day’ plans continue to face scrutiny: Live updates

Electronics exemption to Trump’s tariffs are boost for high-tech companies like Apple and Tesla, as well as China, which still remains under 145 percent levy

Politics

2 w. ago Chinese meme machine mocks Trump and JD Vance with more AI videos of them as factory workers

Chinese accounts have been promoting video and photos ridiculing the so-called 'US Manufacturing Revival Plan' since Trump centred his tariffs on Chinese exports.

Politics

2 w. ago Trump has slowed his global tariff plan. Here’s what happens next and the impact on your wallet

The president caught the world – and most of his administration – off guard with his sudden announcement that he was pausing tariffs

Politics

2 w. ago Trump called a cabinet meeting after walking back his tariff plans. It might as well have been held in Moscow

ANALYSIS: Trump’s cabinet meetings have turned into North Korean-style propaganda shows, writes Richard Hall

Politics

2 w. ago Inside the Oval Office where phone calls during Fox News commercials and desperate world leaders changed Trump’s mind on tariff plan

The president said he was acting ‘instinctively’ after announcing the surprise 180 on Wednesday. However multiple sources said that the build up to the decision was drawn out over a number of days

Politics

2 w. ago Stock markets tumble day after Trump’s tariff pause erasing most of the record gains seen Wednesday

After a day of historic gains, the markets tumbled as uncertainty reigns following Trump’s tariff plan pause

Economics

2 w. ago Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’

Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’

Politics