6 h. 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

8 h. ago Trump team has not said what it wants in trade talks, says EU

Top negotiators met in Washington on Monday to discuss how to remove so-called reciprocal tariffs

Politics

3 d. ago Make America make again? Trump’s tariffs will only be manufacturing pipe dreams | John Naughton

The president’s gambit to bring the production of goods such as iPhones back to the US ignores huge supply chain complexitiesDonald Trump’s tariff strategy has at least one biblical connection: like the peace of God, it “passeth all understanding” (Philippians 4:7). Rival attempts to extract a rationale from the chaos include the idea that he is trying to devalue the dollar, or that he is seeking to “reshore” the manufacturing capacity that the US lost through decades of globalisation. My own hunch is that he just wants to show who’s the big boss around here – or as British science fiction author Charles Stross puts it, that he “expects individual nations to come to him, hat in hand, like terrified shopkeepers pleading for mercy from a mafia don”.Cue the UK’s very own Trump whisperer, Keir Starmer, who, according to Politico, plans “to put a review of online safety rules on the table in trade talks” with the US. Which, translated, means that things such as the Online Safety Act and ...

Economics

5 d. ago US markets close with steep losses as Trump tariffs branded ‘worst self

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

5 d. ago EU could tax Big Tech if Trump trade talks fail, says von der Leyen

European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation

Politics

5 d. ago UK trade minister visits China at same time as head of British military

Douglas Alexander’s unpublicised trip to talk with counterparts coincides with that of Adm Sir Tony RadakinA trade minister has travelled to China for an unpublicised visit this week at the same time as the head of the British military, the Guardian has learned.Douglas Alexander, the minister for trade policy and economic security, is paying a visit to Beijing this week for talks with Chinese counterparts. He is also due to visit Hainan and Hong Kong. Continue reading...

Politics

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

Gulf state pushes for free trade agreement with bloc

Politics

5 d. ago US tariffs on China now 145%, as Trump’s policy branded ‘worst self

Total combines Trump’s ‘reciprocal’ tariffs of 125% and the 20% fentanyl levy, while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Politics

5 d. ago Former US treasury secretary slams Trump tariffs as ‘worst self

Janet Yellen, who also is a former Federal Reserve chair, says Trump’s economic policies increase likelihood of recessionRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Politics

5 d. ago Wall Street opens lower despite hopes that ‘well advanced’ trade talks will yield deals

Ursula von der Leyen says EU “want to give negotiations a chance”, by pausing countermeasures for 90 daysRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

5 d. ago Wall Street to fall back despite hopes that ‘well advanced’ trade talks will yield deals

Ursula von der Leyen says EU “want to give negotiations a chance”, by pausing countermeasures for 90 daysRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

5 d. ago Euro strengthens as EU delays retaliatory tariffs against US by 90 days in response to Trump’s pause – business live

Ursula von der Leyen says EU “want to give negotiations a chance”, by pausing countermeasures for 90 daysRead the latest full reportUS-China trade war intensifies as Beijing’s tariffs come into effect after Trump pauseChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

5 d. ago UK visa sticking point 'almost agreed' in Government trade deal talks with India

Britain and India have speeded up talks for a free trade agreement amid growing economic instability due to Donald Trump’s tariffs

Economics

5 d. ago FTSE 100 live: Barclays and Lloyds jump as market surges on tariff pause

“No longer a war of words, this is now a war of action - and the effects will ripple through every major asset class, industry and economy”

Economics

5 d. ago Shares surge and FTSE climbs 6% after Trump pauses tariffs amid financial global chaos

In a dramatic climbdown, the US President said a blizzard of 'reciprocal' tariffs on countries worldwide would be put on hold to allow time for trade talks.

Politics

5 d. ago FTSE 100 Live 10 April: Index set to rebound on tariffs pause, Tesco sees lower profit

Financial markets have soared on relief at Donald Trump’s 90-day pause on most new US tariffs.

Economics

5 d. ago Shares surge after Trump pauses tariffs amid financial global chaos

In a dramatic climbdown, the US President said a blizzard of 'reciprocal' tariffs on countries worldwide would be put on hold to allow time for trade talks.

Politics

5 d. ago China’s new tariffs on US goods take effect as Asian markets rally after Trump’s tariff reversal – business live

China’s 84% retaliatory tariffs on US goods, announced on Wednesday, are due to come into effect on ThursdayRead the latest full reportChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

5 d. ago Donald Trump blinks... but doubles down on China: After market turmoil, President announces 90

In a dramatic climbdown, the US President said a blizzard of 'reciprocal' tariffs on countries worldwide would be put on hold to allow time for trade talks.

Politics

6 d. ago Starmer shifts focus in US trade talks to cutting 25% tariff on UK cars

Prime minister admits he does not know if Trump can be persuaded to scrap 10% levy on all imports

Politics