5 h. ago EU drops bourbon, wine and dairy products from tariffs list against US

‘We are not in the business of tit-for-tat or penny for penny’, says EU commissioner Maroš Šefčovič

Economics

13 h. ago UK company considers moving some production to US to reduce tariff impact

The company said it has ‘a number of options open to it to mitigate impact’ of Donald Trump’s tariffs

Politics

13 h. ago Applied Nutrition looks at move to US production to reduce tariffs impact

The company saw revenues increase by 4.8% to £47.6 million for the six months to January.

Politics

14 h. ago EU set to drop bourbon from retaliatory tariffs list against US

French commissioner Stéphane Séjourné signals Brussels is caving in to pressure from European alcohol industry

Economics

34 h. ago More than 50 countries seeking US trade talks after tariff move, says Trump adviser – live updates

Kevin Hassett claims tariffs will not have a big effect on US consumers and there will be no ‘political coercion’ over interest ratesStarmer orders economic reset amid Trump’s tariff mayhemIndonesia, Southeast Asia’s largest economy which faces a 32% tariff rate, said it will not retaliate against the levies and would instead pursue diplomacy and negotiations to find mutually beneficial solutions. Jakarta has said it would send a high-level delegation to the US for direct negotiations with the government.Cambodia asked the US government on Friday to postpone the 49% tariff rate on its products, the highest rate in Asia and second-highest globally.Vietnam’s leader To Lam and Donald Trump agreed on Friday to discuss a deal to remove tariffs (Vietnam will be subject to a 46% tariff).Brazil, which faces a 10% levy on its exports to the US, has said its “government is evaluating all possible actions to ensure reciprocity in bilateral trade, including resorting to the World Trade Organiza...

Politics

3 d. ago Trump’s 10% tariff on UK products to come into force as stock markets plunge

The FTSE 100 fell on Friday in its worst day of trading since the start of the pandemic while markets on Wall Street also tumbled.

Politics

3 d. ago China’s retaliatory tariffs spark fresh turmoil in global financial markets

Fresh turmoil was sparked on Friday by China announcing it will impose a 34% tariff on imports of all US products.

Economics

3 d. ago The $2,300 iPhone: Apple products could increase dramatically in price because of Trump tariffs, experts say

Most companies, including Apple, are yet to give clear information on what tariffs might mean for prices or profits

Economics

3 d. ago ‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates sayUS politics live – latest updatesThe sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say.Trump’s new 10% universal tariffs – which are higher for many major economies – are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will not apply to many fossil fuel products, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals. Continue reading...

Politics

3 d. ago China imposes a 34% tariff on imports of all U.S. products starting April 10

China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10

Politics

4 d. ago JCB is the first big British firm planning to boost production in the US in response to Trump's tariffs

JCB has become the first major British manufacturer to say it will bolster its US operations in response to Donald Trump's tariffs.

Politics

4 d. ago Jesus take the tariff: Why Bibles could soon get more expensive thanks to Trump’s policy

China, where Trump’s official ‘God Bless the USA’ Bibles are printed, has been hit hard by the president’s sweeping tariffs

Politics

4 d. ago GM will dramatically increase car production in US after Trump tariffs

An American carmaker is set to increase production at its Indiana plant. The move comes one day after President Donald Trump slapped 25 percent tariffs on auto imports.

Politics

4 d. ago UK draws up list of thousands of US products that could be slapped with tariffs including bourbon, jeans and guitars

The US president unveiled tariffs on countries around the world on Wednesday night

Politics

4 d. ago Oil slides as Opec+ lifts production and tariffs fuel global growth fears

Unexpected increase in supply comes as concern over world economy hits several commodities

Politics

4 d. ago Britain braces for Trump trade war as list of US products that could be hit with retaliatory tariffs is released

Business Secretary Jonathan Reynolds says: ‘We will seek the views of UK stakeholders...on products that could potentially be included in any UK tariff response’

Events

4 d. ago Government draws up list of potential products to include in tariff retaliation

The Prime Minister acknowledged there will be an economic hit for the UK from the 10% import tariff that has been slapped on British goods by the US.

Politics

5 d. ago Donald Trump 'suffers mental collapse' during live speech as he fluffs numbers

Donald Trump gave a high-energy speech in the White House Rose Garden on April 2, where he imposed a 25% tariff on countries that do not make products in the U.S.

Politics

6 d. ago Trumpism is sinking democratic values. It’s Starmer’s job to steer the UK back to safety | Polly Toynbee

US tariffs hit this week just as other costs start to bite in Britain. To meet these challenges, Labour will finally have to changeThe prime minister may pretend to “like and respect” Donald Trump, but elsewhere in parliament anti-Americanism is running hot. In a Lords debate on obesity last week, Labour’s Lord Brooke suggested imposing 25% tariffs on “American products which are causing us difficulties – Coca-Cola, Pepsi, KFC, McDonald’s”. The government replied that the US is an “indispensable ally”. That craven attitude may be politic today – right until it fails tomorrow.The outlook for Britain and other countries is bleak. Wednesday is “liberation day”, when Trump’s tariffs will hit a range of goods likely to send global economies tumbling. There is near-zero expectation that Britain’s genuflections will save us from the same punishment as the rest. As for Trump demanding no VAT on US imports to the UK, that’s extorting with menaces a benefit denied to our own producers. Even i...

Politics

7 d. ago Starmer seeks to avoid Trump tariffs after ‘productive’ talks with US

Britain pushes for carve-out ahead of ‘liberation day’ on Wednesday

Politics