39 h. ago G7 nations paper over differences on tariffs and Ukraine, agree to address 'imbalances'

Top finance officials from the world’s seven wealthiest democracies set aside stark differences on U.S. tariffs and agreed to counter global “economic imbalances,” a swipe at China’s trade practices

Economics

8 d. ago US house hunter inquiries about UK homes jump – here is where buyers are looking

Rightmove highlighted global economic uncertainty following recent announcements about US tariffs.

Society

9 d. ago Tariffs causing slowdown in global property deals, Savills warns

Conditions are expected to recover over the second half of 2025 as trade policy becomes more certain.

Events

1 week ago Appropriate to be cautious says Bank deputy as ‘wages still too high’

Clare Lombardelli also warned that global growth will be knocked by US tariff plans, which will also reduce inflation.

Politics

2 w. ago Flattery gets Starmer somewhere as The Donald stays awake to toot tariff deal | John Crace

Sycophancy stops Trump from dozing off as PM and co hail victory – or at least getting what they could getThree days ago, Donald Trump promised an announcement that would be very possibly the greatest announcement in the whole history of announcements. Come Thursday morning, he said the US and the UK had reached a full and comprehensive trade deal.I guess a lot depends on what you mean by the words “greatest announcement” and “full and comprehensive”. As details of the deal began to emerge, it rather looked as if the UK had managed to negotiate a worse deal with the US than we had even two months ago. One that was hardly transformative. Just reversing some of the damage that had been done to the UK by the US starting a global trade war. Tariffs as a protection racket. Continue reading...

Economics

2 w. ago Trump revealing ‘full and comprehensive’ trade deal with UK in first major announcement since starting global trade war

Thursday’s announcement will mark the first major global trade deal since Trump unveiled sweeping tariffs in April

Politics

2 w. ago Maersk boss says upending global trade with tariffs could take decades

Vincent Clerc says changing supply chains fast using trade war is ‘very unrealistic’

Economics

2 w. ago Donald Trump expected to announce ‘major trade deal’ with UK on Thursday

It would mark the first deal agreed upon since Mr Trump’s ‘liberation day’ announcement of global tariffs last month

Politics

2 w. ago UK strikes trade deal with US as Trump touts ‘big announcement’: Live updates

The announcement comes after lengthy negotiations between both countries amid Trump’s global tariff war

Politics

2 w. ago China chides US over ‘serious negative impact’ of Trump tariffs as trade talks set to begin

China’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent in Switzerland between 9 and 12 MayChina has vowed to “safeguard international fairness and justice” in upcoming talks with the United States in Switzerland, the first meeting between the two countries to discuss trade war that has roiled the global economy since US president Donald Trump unveiled sweeping tariffs last month.China’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent on the sidelines of meetings in Switzerland between 9 and 12 May. US trade representative Jamieson Greer will also attend. Continue reading...

Politics

2 w. ago Trump White House says ‘no final decisions’ on foreign film tariffs

Officials say administration ‘exploring all options’ after president declared 100% tariff on non-US-produced filmsThe White House said on Monday that no final decisions have been made about imposing tariffs on foreign films, just a day after Donald Trump declared a 100% tariff on all movies produced outside the United States – an announcement that sparked widespread alarm across the global film industry.“Although no final decisions on foreign film tariffs have been made, the administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again,” White House spokesperson Kush Desai said. Continue reading...

Politics

2 w. ago Trump’s attack on the film industry is a sign of xenophobic contempt | Jesse Hassenger

By insisting tariffs on films at least partly produced outside the US, the president is trying to limit the important worldview of cinemaAdd movies to the ever-expanding list of areas where Donald Trump has no expertise or even passing knowledge, but assumes problems can be solved through tariffs and maybe a little racism, as a treat. Citing a threat to “national security” from movies that aren’t shot in the United States, Trump announced that he would be enacting a 100% tariff on movies made anywhere else.Characteristically, this proclamation was not so bold as to make any sense whatsoever, lacking as it was any sign that Trump understands the difference between movies that are produced (at least partially) by US companies and shot in other locations, and foreign films that are produced elsewhere but released in the US (by, of course, US companies who obtain distribution rights). But the consensus seems to be that Trump is referring mainly to purportedly American productions that a...

Politics

2 w. ago Trump’s 100% film tariffs to send ‘shock waves’ through global industry – US politics live

US president announces move, citing ‘national security threat’ to US film sectorMeanwhile, Germany has said it “strongly rejects” criticism by US Secretary of State Marco Rubio of its domestic spy agency’s decision to label the far-right AfD party as an extremist group.“I reiterate that the insinuations contained (in his comments) are certainly unfounded,” foreign ministry spokesman Sebastian Fischer said.This is democracy. This decision is the result of a thorough & independent investigation to protect our Constitution & the rule of law. It is independent courts that will have the final say. We have learnt from our history that rightwing extremism needs to be stopped.”The UK is a world leader in film and TV production, employing thousands of talented workers, and this is a key growth sector in the government’s industrial strategy,” she said.“These tariffs, coming after Covid and the recent slowdown, could deal a knock-out blow to an industry that is only just recovering and...

Politics

2 w. ago 'I missed my son's 12th birthday to save Britain's steel industry'

The Manchester Evening News speaks to the man at the centre of the race to save British Steel and deal with Trump's tariffs and a global trade war

Politics

3 w. ago America says it’s Trump’s economy (despite his constant blaming of Biden)

Donald Trump has consistently blamed Joe Biden for the turbulent stock market after the president triggered a global trade war with his tariffs

Politics

3 w. ago Xbox deals devastating price rise to MILLIONS amid tariff uncertainty

Microsoft has raised the price of its Xbox consoles worldwide, as firms continue to respond to rising global prices in the wake of US tariff plans.

Economics

3 w. ago The Latest: Resolution to block Trump’s global tariffs is voted down by Senate

Senate Republicans narrowly voted down a Democratic resolution that would have blocked global tariffs announced by President Donald Trump earlier this month, giving the president a modest win as lawmakers in both parties have remained skeptical of his trade agenda

Politics

3 w. ago UPS cites Trump tariffs as it announces expected layoffs of 20,000 workers

Company cites ‘current macro-economic uncertainty’ as sweeping tariffs discourage customers from shippingBusiness live – latest updatesThe United Parcel Service (UPS) is expected to cut about 20,000 jobs in 2025 as a part of a larger plan to reduce costs and increase profit, citing “changes in the global trade policy and new or increased tariffs”.UPS announced the layoffs on Tuesday in its first quarter earnings report. The parcel delivery service said it made consolidated revenues of $21.5bn, compared with $21.7bn about the same time a year ago. Additionally, the company said it would be shuttering 73 leased and owned buildings by the end of June of this year. Continue reading...

Politics

3 w. ago Trump's first 100 days: Travel expert warns of ripple effects for global tourism

As Donald Trump marks his first 100 days back in the White House, a leading travel expert has warned that his early policy decisions particularly on tariffs and immigration are already casting a shadow over global tourism.

Events

3 w. ago UPS reveals it is cutting 20,000 jobs amid decrease in Amazon deliveries

Company also cited ‘uncertainty’ around wider global economy amid ongoing Trump tariffs

Society