15 h. ago Trump tariff suspension only a ‘fragile pause’, says Macron, as gold soars amid market jitters – business live

Nikkei plunges 5.4% but other Asian markets see mixed results as some reverse many of historic rally’s gains after US president’s tariffs reprieveUS stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardeningThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

18 h. ago Tariffs live: Asian markets tumble after Trump admits concerns over ‘costs and problems’

Falling stocks across Asia follow Wall Street sell-off as US president threatens to go ahead with ‘reciprocal’ levies

Economics

18 h. ago Asian markets sink as Trump admits ‘transition cost’ of tariffs – business live

Nikkei plunges 5.4% and other Asian markets reverse many of Thursday’s gains after historic rally following US president’s tariffs reprieveUS stocks fall again after rally following Trump’s shock retreat on tariffsThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

33 h. ago Tariffs latest: EU pauses retaliatory taxes on US imports after Trump puts hikes on hold

Beijing has vowed to fight an all-out trade war ‘to the end’ and is comparing the economic battle to the Korean War which ended in stalemate

Politics

35 h. ago MP urges health secretaries to ensure Trump tariffs do not hit medicine supplies

Lib Dem Wendy Chamberlain said there could be ‘life-threatening’ consequences if the US president’s measures affect the availability of some drugs.

Politics

36 h. ago London businesses 'most concerned' about fallout from global financial chaos

But the capital’s SMEs far more optimistic about growth over the coming months

Economics

36 h. 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

37 h. 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

38 h. ago China warns Trump ‘we don’t back down’ in trade war after he blinks with tariffs U

Beijing has vowed to fight an all-out trade war ‘to the end’ and is comparing the economic battle to the Korean War which ended in stalemate

Events

38 h. 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

39 h. ago Asian markets rocket after Trump puts most threatened tariffs on pause

However tariffs on China were raised again to an unprecedented 125%

Events

41 h. 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

42 h. ago Tariffs live: Asian markets rebound after Trump pauses most tariffs – but 125% levy on China remains

Trump intensifies trade war with China but softens stance elsewhere after US bond market jitters

Politics

50 h. ago Donald Trump freezes tariffs at 10% for 90 days in dramatic U

World’s two biggest economies continue to fight spiralling trade war

Politics

55 h. ago Trump tariffs live: EU votes for retaliatory tariffs on US goods while China imposes fresh 84% levy

Asian markets slump again in Wednesday’s early trade as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Politics

56 h. ago Superpower trade war explodes as China hits back with 84% tariffs but Trump claims nations are 'kissing my ass'

‘The situation has dangerously escalated’, China says as world’s two biggest economies fight spiralling trade war

Events

57 h. ago Superpowers trade war explodes as China hits back with 84% tariffs but Trump claims nations are 'kissing my ass'

‘The situation has dangerously escalated’, China says as world’s two biggest economies fight spiralling trade war

Events

58 h. ago Trump tariffs live: China announces fresh 84% levy on US goods in latest trade war escalation

Asian markets slump again in Wednesday’s early trade as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Politics

58 h. ago Trump boasts other countries are 'kissing my ass' as his trade war tariffs hit stock markets, firms and jobs

FTSE 100 in London and Asian stock markets take another pounding with Japan’s Nikkei 225 dropping 5% as Trump’s tariffs against 60 ‘worst offender’ nations come into effect

Economics

59 h. ago NHS medicines could be at risk due to Trump tariffs and global trade friction, ministers warned

Ministers must treat medicines supplies as a ‘defence’ issue as it faces ‘hostile activity’ over the brewing trade war

Events