6 d. ago Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-livedMatt Britzman, senior equity analyst at Hargreaves Lansdown, said:Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing - and at times contradictory - messages coming out of the White House. Despite the drama, European markets have taken an easing stance on US tech components as a positive in a broad-based rally this morning, with the FTSE 100 up 1.5% in early trading.This time, it’s chips, smartphones, and other tech components taking centre stage. While there were early signs on Friday night that some broad exemptions might be in play, it turns out tariffs are still very much on the table. But here’s the twist: despite the messy rollout, what’s caught investors’ attention is the news that these products won’t...

Economics

1 week ago FTSE 100 soars as relief rally washes over global markets after tariff pause

European stocks were also rocketing higher following a rebound for US and Asian markets.

Economics

1 week ago Cheaper mortgages could be a ‘silver lining’ in fallout from Trump tariffs

Experts said expectations that interest rates will fall have risen since Donald Trump’s tariffs announcement last Wednesday.

Politics

1 week ago FTSE 100 rally: Cheaper mortgages may be ‘silver lining’ from Trump’s tariffs

“It is far too early to say whether the reduced market falls represent an inflection point, or whether they are simply a classic dead cat bounce”

Politics

1 week ago FTSE 100 Live 08 April: Markets rally on dealmaking hopes, S&P 500 seen higher

Buyers returned to the London stock market today after a three day rout triggered by Donald’s Trump’s trade war threats.

Economics

1 week ago FTSE 100 Live 08 April: Markets rally, Nikkei surges 6% on hopes of trade talks

Buyers returned to the London stock market today after a three day rout triggered by Donald’s Trump’s trade war threats.

Politics

2 w. ago Senior Trump officials give conflicting lines on tariffs after markets turmoil

Commerce secretary insists on CBS that tariffs will ‘stay in place’ as treasury secretary tells NBC negotiation is possibleSenior officials within Donald Trump’s administration officials gave conflicting messages on Sunday about the US president’s global tariffs that have caused a meltdown in stock markets, prompted warnings of a world recession and provoked rare expressions of dissent from within his Republican party.Cabinet members fanned out across Sunday’s political talk shows armed with talking points on Trump’s 10% across-the-board tariff on almost all US imports, with higher rates targeted at about 60 countries. If the intention was to calm nerves with a clear statement of intent, then it backfired as top officials gave starkly contrasting signals. Continue reading...

Politics

2 w. ago SNL cold open mocks Trump tariffs with ‘Make America Great Depression Again’ line

‘You know, the depression is going to be so great. We'll be the ones eating the cats and the dogs. That's going to be fun’

Politics