30 h. ago Could Trump’s tariffs give a green light for corporate profiteering?

Expectations of inflation, and recent waves of price rises, could be self-fulfilling and fuel ‘greedflation’ – and it may not only apply to US consumersOver the past few years consumers have grown used to seeing prices rise at an exorbitant rate. The cost of everything – from used cars to utility bills and the humble loaf of bread – has rocketed in the worst inflation shock across advanced economies since the 1980s.While inflation has cooled in the past year, talk of fast-rising prices is back on the agenda from Donald Trump’s escalating trade war. Continue reading...

Politics

34 h. ago Gold standard! A bar is £1million for first time after investors raced to purchase the precious metal to protect their savings from the impact of Donald Trump's trade war

The precious metal has been in high demand among investors trying to protect their savings from the impact of Donald Trump's trade war.

Economics

40 h. ago Keir Starmer and Donald Trump discuss 'ongoing and productive' trade talks in first call since the US slapped 10 per cent tariffs on British goods

The two leaders discussed the 'ongoing and productive discussions' on trade between the two countries, a Downing Street spokesperson said.

Politics

49 h. ago Marks & Spencer and Sainsbury's among supermarket giants demanding EU agree a deal with Britain on plant and animal exports amid Donald Trump's trade chaos

Marks & Spencer and Sainsbury's are among 12 firms to have written to European Commission vice-president Maros Sefcovic in support of a 'veterinary agreement'.

Economics

54 h. ago Canada makes defiant vow to 'fight back' against Donald Trump's bully

President Donald Trump wants to eliminate trade barriers within Canada, something the nation's Prime Minister Mark Carney has said will actually benefit Canadians

Politics

64 h. ago Donald Trump says there will '100% be a trade deal' with Europe after meeting with Giorgia Meloni

President boasts that he will have “little problem” securing an agreement between the US and the bloc

Politics

3 d. ago Britain could sign a trade deal with Donald Trump 'within three weeks'

Sir Keir Starmer has been pushing for an agreement with America in a bid to lower the 10 per cent tariffs on British goods imposed by the US President.

Politics

3 d. ago Shein and Temu issue warning to shoppers as Donald Trump trade war with China escalates

The price hikes also come ahead of the end of the 'de minimis' tax loophole, which allows imports that are worth under $800 can enter the US duty-free

Events

3 d. ago Can we stop pretending a trade deal with Trump will be a gamechanger for the UK. It won’t | Martin Kettle

I’m not saying Britain should refuse every sort of free trade agreement with the US, but there may be options that better suit Labour’s purposeIt’s a deal. The words sound good. Most human beings are primed to think of a deal as desirable in itself. It isn’t hard to see why. Agreement is generally better than disagreement. In most aspects of life, shaking hands under shared rules makes sense. So it takes a bit of effort to think more objectively. But it is important to do that now, especially in the case of the proposed UK trade deal with the United States.Even before Donald Trump became president again, and long before the US started its current tariff wars, there were already plenty of reasons for caution about what a free trade deal with the US might look like. In the wake of Brexit, these concerns centred on whether a deal could be struck – and sold at home – on bilateral trade issues such as pharmaceuticals, food products and digital regulation, on all of which very different s...

Politics

3 d. ago Asian shares mark moderate gains in the face of anxiety over Trump's trade war

Asian shares are mostly higher despite continued fretting over President Donald Trump’s trade war, with all eyes on the negotiations that just began between the administration and Japan

Politics

3 d. ago World Trade Organisation says global trade could slide this year because of Trump’s tariff policies

‘Enduring uncertainty threatens to act as a brake on global growth’ says international trade forum

Politics

3 d. ago John Swinney meets trade union leaders to discuss Donald Trump's tariffs carnage

The First Minister met business leaders the Scottish Trades Union Congress (STUC) to discuss how to deal with the damage the US President is causing to the global economy.

Politics

3 d. ago The cost of gaming is soaring – but for many fans, a game is ‘worth’ more than its price tag

As tariffs raise the price of consoles, is it time for gamers to reevaluate our relationship with new releases?Now is not a good time to buy a new games console.The shock waves from Donald Trump’s will-he-won’t-he approach to trade tariffs were always going to hit video games, an industry that relies on incredibly complex global supply chains. On Monday, Nikkei Asia reported on analysis from a major electronics supplier suggesting that the Nintendo Switch 2 will be subject to Trump’s 145% tariff on goods imported to the US from China, despite his apparent decision to exempt smartphones and computers. Continue reading...

Sport

3 d. ago Visas not an issue in UK trade talks, insists India's top diplomat in London amid Trump tariff chaos

Vikram K Doraiswami stressed that his country wanted Indian companies to be able to move staff to Britain ‘more easily’ as part of an agreement, but their focus was on hiring locally

Politics

3 d. ago Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline. Continue reading...

Events

3 d. ago Trump says Harvard should no longer receive federal funds as university pushes back – US politics live

President doubles down on cutting public funding for leading US university in fresh social media rantDonald Trump has gone on yet another rant about Harvard University on his social media platform Truth Social this morning.It comes as the US education department said it was freezing about $2.3bn in federal funds to the Ivy League school.Everyone knows that Harvard has “lost its way.” They hired, from New York (Bill D) and Chicago (Lori L), at ridiculously high salaries/fees, two of the WORST and MOST INCOMPETENT mayors in the history of our Country, to “teach” municipal management and government.These two Radical Left fools left behind two cities that will take years to recover from their incompetence and evil. Harvard has been hiring almost all woke, Radical Left, idiots and “birdbrains” who are only capable of teaching FAILURE to students and so-called “future leaders.” Continue reading...

Politics

4 d. ago We don't want more visas, says India's top diplomat in London on trade deal with UK amid Trump tariff chaos

Vikram K Doraiswami stressed that his country wanted Indian companies to be able to move staff to Britain ‘more easily’ as part of an agreement, but their focus was on hiring locally

Economics

4 d. ago Nato chief in surprise Ukraine visit as US fails to condemn Sumy attack – Europe live

Mark Rutte makes unannounced visit to Odesa and tells Zelenskyy that ‘Nato support is unwavering’The EU has said that “significant joint efforts will be needed” for a successful outcome to trade talks at the end of Donald Trump’s 90-day pause on tariffs.The European Commission, which handles trade policy for the 27 EU member states, was reporting back on a meeting between its lead trade official Maroš Šefčovič and US commerce secretary Howard Lutnick and US trade representative Jamieson Greer in Washington on Monday.The EU will continue to approach these talks in a constructive manner, with a view to identify areas of common interest. It is clear that significant joint efforts will be needed to achieve a successful outcome within the 90-day window.The EU is doing its part. Now it is necessary for the US to define its position. As with every negotiation this must be a two-way street... With both sides bringing something to the table.” Continue reading...

Events

4 d. ago Donald Trump's trade war tariffs slammed by France for unleashing 'tsunami of destabilisation'

French Prime Minister Francois Bayrou hit out at Trump’s America for going ‘over to the side of the aggressors’

Politics

5 d. ago JD Vance says US is ‘working very hard’ on negotiating ‘great’ UK trade deal amid Trump tariffs chaos

‘I think there’s a good chance that, yes, we’ll come to a great agreement that’s in the best interest of both countries’ - JD Vance

Economics