51 h. ago John Swinney wants Scotland's economic future to be 'resilient' after Trump tariff war

The SNP leader has called for a UK Government response to "reflect changing reality" amid concern over the impact of US trade tariffs and other factors.

Economics

51 h. ago Donald Trump’s tariff trade war wipes over £11bn off Scottish pension funds

SUNDAY MAIL EXCLUSIVE: Scots retirement savings on frontline of US president's 'daft' trade war as experts confirm multi-billion pound hit.

Economics

2 d. ago Inside Donald Trump's tariff war and exactly what it means for Brits in 2025

The tariffs rattled traders and investors, with trillions of dollars wiped off financial markets in the aftermath - but what does it mean for UK savings, pensions and mortgages?

Politics

3 d. ago Trump insists tariff war is ‘doing really well’ as recession fears mount

S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulenceDonald Trump insisted his trade war with much of the world was “doing really well” despite mounting fears of recession and as Beijing hit back and again hiked tariffs on US exports to China.As the US president said his aggressive tariffs strategy was “moving along quickly”, a closely watched economic survey revealed that US consumer expectations for price growth had soared to a four-decade high. Continue reading...

Politics

3 d. ago Trump's approval rating takes a hit amid tariff war and market turmoil

Like the stock market this week, President Donald Trump 's approval rating is sliding downward.

Events

3 d. 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 d. ago 'Wolf of Wall Street' gives his view on whether Trump is committing insider trading with tariff trade war

Stocks soared on Trump's tariffs pause with the S&P500 closing up 9.5%, while the market gained back about $4 trillion, or 70%, of the value it had lost over the previous four trading days

Politics

4 d. ago UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to comeBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.Reversing a modest fall in January of 0.1%, the increase in gross domestic product in February was five times larger than the 0.1% growth that a poll of City economists had forecast. Continue reading...

Politics

4 d. ago Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsIn the UK, shoppers stayed away from the high street in March, a situation retailers said could worsen if the economic gloom caused by Donald Trump’s tariff war hits consumer confidence.Footfall fell 5% in March to extend a downturn in February that retailers said could be attributed to a recent rise in inflation and pressure on pay packets since a brief revival during the January sales.Global uncertainties resulting from tariffs and a potential economic slowdown could reduce the appetite for shopping trips in the coming months. Continue reading...

Economics

4 d. ago Donald Trump has done more to help China 'than any other living human being', Professor Steve Tsang tells the Mail's 'Apocalypse Now?' podcast after tariff pullback

Trump's trade war with China escalated on Wednesday, with America's effective tariff rate against the nation now standing at a record 125%.

Politics

4 d. ago Trump's tariff war affects us all – this is how much your iPhone will cost now

Trump’s tariff war means everyone’s iPhone prices will skyrocket by hundreds of pounds as most of the devices are made in China - which has been hit by soaring tariffs

Politics

4 d. ago The Guardian view on the tariff war pause: the Trump trade shambles is not over | Editorial

The US president blinked first, but this is just a time-out. The threat to the global economy remains real.It was Donald Trump who blinked first. Never forget that. China is unlikely to overlook its importance. A week after launching an all-out global trade war, the US president paused significant parts of it for 90 days. Having insisted that he would stick with the random tariffs he imposed on most trading nations, Mr Trump suddenly decreed that he would reduce most of them to 10%. It was a major humiliation.Yet 10% is still a significant tariff to bear for nations exporting to the US. This is also only a pause until July, not a withdrawal, so the uncertainty remains. And huge tariffs still remain on China (now hiked to 145%), Canada and Mexico (both 25%), as well as on all US imports of steel, aluminium and cars (also 25%). Mr Trump is now substituting a US-world conflict with a US-China one. The two largest economies in the world – which between them have generated around ha...

Politics

4 d. ago EU agrees to start trade talks with UAE after Trump tariff war

Gulf state pushes for free trade agreement with bloc

Politics

4 d. ago Furious Beijing accuses Trump of 'going against the whole world' after he refused to reverse punishing 125% tariffs as China renews vow to 'fight to the end' in trade war

Trump's multi-front trade war narrowed focus on its eastern theatre as duties were temporarily lifted from dozens of global trading partners - while China faced more tariffs

Politics

5 d. ago Trump's tariff war: The silver linings for families including mortgage and petrol prices

President Trump's tariffs bombshells - which keep on coming - have unsettled financial markets but there could be benefits for millions of UK households

Economics

5 d. ago CHRISTOPHER BUCKTIN Donald Trump's tariff tantrum is a trade war climbdown dressed as victory

Donald Trump’s approach to tariffs has been as simplistic as it is catastrophic - slap them on, bark about winning, and expect the rest of the world to capitulate. But the world didn’t play along

Politics

5 d. ago Trump reveals how American families can PROFIT from market crash: Live updates

President Donald Trump said other world leaders are desperate to deals with him as his tariffs come into effect.

Events

5 d. ago Tesla CEO Elon Musk becomes severe casualty of Trump’s tariff war after losing $44bn in one week

A bitter rift appears to be forming between the world’s richest man and Republican president over his controversial trade policy

Economics

5 d. ago Trump Treasury Secretary Scott Bessent fires back at 'loser' China in all

President Donald Trump said other world leaders are desperate to deals with him as his tariffs come into effect.

Politics

5 d. ago Elon Musk escalates MAGA civil war over Trump's tariffs with very telling action

Elon Musk isn't backing off his escalating war of words with President Donald Trump's tariff architect and trade advisor Peter Navarro.

Politics