1 hour ago Trade deal with US isn't certain despite Government efforts to avoid Trump's tariffs, says top minister

Minister for Intergovernmental Relations Pat McFadden said an agreement with the White House is 'possible' - but it was better not to rush it.

Politics

5 h. ago Demand slump fuelled by Trump tariffs hits US ports and air freight

Bookings plunge as importers hold off on shipping goods to America in hope of Beijing-Washington deal

Politics

9 h. ago Trump claims trade negotiations are happening every day with China. No one in Beijing or Washington seems to know who is doing the talking

President says U.S. and China are talking, China denies it, and no one in the administration seems to know about it

Politics

13 h. ago Despite Pope Francis’s wishes, there’s little appetite for richer nations to help the poorest

Trump’s tariffs will make it tougher for emerging economies to service loans but debt relief has fallen off the political agendaPope Francis’s vast funeral in Rome on Saturday featured a certain amount of politicking amid the splendour, against the magnificent backdrop of St Peter’s basilica.If the meeting between Volodymyr Zelenskyy and Donald Trump results in progress towards a less inequitable peace than the one currently envisaged by the US, perhaps that will be fitting, given the late pontiff’s consistent calls for an end to war. Continue reading...

Politics

49 h. ago Trump suggests he didn’t have time to buy Melania birthday gifts because he’s so ‘busy’ with tariff deals that don’t exist

Just 34 percent of Americans approve of Trump’s tariffs, according to a new poll

Economics

50 h. ago Rachel Reeves says EU more important to Britain in 'gaffe' that could harm her chances of securing a US trade deal to avoid Trump's punishing tariffs

Rachel Reeves has been criticised for saying trade with the EU is more important than with the US just ahead of meeting American counterpart Scott Bessent in a bid to secure a trade deal.

Economics

51 h. ago Trump’s planned pharmaceutical tariffs would raise costs by $51bn annually, report finds

Prices of medication and other costs could increase by as much as 12.9 percent if the tariffs are put in place

Economics

51 h. ago Only a third of Americans approve of Trump’s tariffs in latest imploding poll

In yet another survey, over half of respondents said words like ‘scary’ and ‘chaotic’ well described Trump’s administration

Politics

56 h. ago Empty store shelves are coming as companies cancel orders from China amid tariff concerns

Number of freight vessels scheduled to arrive at the Port of Los Angeles is on track to be down by 31 percent for the week ending May 10

Politics

58 h. ago Trump claims China's President Xi called HIM amid tariffs drama and makes odd comparison regarding their chat

President Donald Trump claimed that China's President Xi Jinping called him amid the countries' tariff drama - as China continued to dispute that trade talks are happening.

Politics

58 h. ago FBI arrests judge for alleged obstruction of immigration arrest operation, Patel says in deleted social post – live

Kash Patel has since deleted the post on X that had said a Wisconsin judge was arrested and accused of helping an immigrant ‘evade arrest’Apple is reportedly planning to switch assembly of all iPhones for the US market to India as the company seeks to reduce its reliance on a Chinese manufacturing base amid Donald Trump’s trade war.The $3tn (£2.3tn) technology company aims to make the shift as soon as next year, the Financial Times reported. Continue reading...

Events

59 h. ago Trade war fears trigger biggest slide in US consumer expectations since 1990 recession – business live

Rolling coverage of the latest economic and financial newsXi announces plan for Chinese economy to counter impact of US trade warEuropean stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles - in other words a certain number of aerospace equipment parts.”“It demonstrates that the situation is very fluid.” Continue reading...

Economics

61 h. ago Energy price cap set to fall in July as Trump tariffs bring unexpected effects

UK households could soon see a £166 drop in bills on average

Politics

62 h. ago ‘Very problematic’: US apparel bosses say Trump’s tariffs will hurt Americans

The president aims to boost US manufacturing, but insiders warn tariffs will increase costs and destroy businessesAcross the US, many executives leading apparel and textiles businesses are scratching their heads.Tariffs of 145% on goods from China, and tariffs of 10% on goods from much of the rest of the world, have been billed by the White House as a once-in-a-generation efffort to boost domestic manufacturing. Continue reading...

Politics

63 h. ago Rachel Reeves says EU trade 'reset' is MORE important than deal with US to dodge Trump's tariffs

Chancellor Rachel Reeves suggested the government could prioritise ties with Brussels ahead of sitting down with Treasury Secretary Scott Bessent.

Economics

64 h. ago Swiss leader says Trump administration foresees ‘privileged’ talks with 15 countries on US tariffs – US politics live

Karin Keller-Sutter, Swiss president, says Switzerland is among 15 countries with which US plans to hold negotiations to reach deals over tariffsThe Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal after sweeping US tariffs on dozens of countries that have shaken global markets, reports the Associated Press (AP).Karin Keller-Sutter, in an interview with broadcaster SRF published Friday, said she was “satisfied” with talks in Washington this week that included an International Monetary Fund conference and her one-on-one meeting with US treasury secretary Scott Bessent. Keller-Sutter also serves as Switzerland’s finance minister. “The United States has defined a group of 15 countries with which it wants to find a quick solution in this tariff question. Switzerland is part of this group of these 15 countries,” she told reporters separately late on Thursday in Washington, according to the ...

Politics

64 h. ago Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets

Politics

65 h. ago Rachel Reeves will meet US counterpart TODAY as figures show a QUARTER of UK car exports go to America

Chancellor Rachel Reeves will sit down with Treasury Secretary Scott Bessent in Washington, where they have been both attending an IMF summit.

Politics

65 h. ago Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Business live – latest updatesXi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports. Continue reading...

Events

65 h. ago Massive blow to Trump as Japanese car giant moves manufacturing OUT of US in tariff twist

Subaru is reshuffling its supply chain in response to President Donald Trump's tariff upheavals.

Politics