1 hour ago Trump promises $2,000 check for every American thanks to tariff revenue he's collected

The president made the exciting announcement on Sunday morning - blasting those people who hated on his tariff strategy as 'fools.'

Politics

24 h. ago Ikea slammed by Trump's tariffs plan as furniture giants' profits plummet

Ikea has faced a hit by Trump's tariff plan as profits plummeted for the popular flat-pack firm, but sale volumes are up and store visitors have increased too

Politics

46 h. ago IKEA profits plunge more than a quarter after Trump’s tariff uncertainty

IKEA stores across 63 markets around the world fell for a second year in a row

Politics

3 d. ago Lutnick, Bessent – and John Mulaney? The surprising mix of dignitaries monitoring Trump’s ‘life or death’ tariffs case

In one of the largest cases for Trump in his second term, justices will decide if his signature economic policy is legally sound

Politics

6 d. ago Businesses press Supreme Court to strike down Trump’s emergency tariff power

About 40 briefs have been filed challenging signature policy ahead of showpiece hearing

Events

7 d. ago The ghost of Ronald Reagan has spooked Trump over tariffs | Sidney Blumenthal

The president is lashing out before the supreme court’s impending decision on his absurd policyHalloween came early for Donald Trump. Ronald Reagan spooked him. Trump had a startled reaction to the TV ad that appeared during the first game of the World Series, placed by the provincial government of Ontario, featuring excerpts from President Reagan’s radio talk in April 1987 in which he explained the danger of trade wars. “Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD,” Trump posted. It was, he falsely claimed, a “serious misrepresentation of the facts, and hostile act”. In retaliation, he slapped an additional 10% tariff on Canada.Trump was apparently horrified at the sudden presence of the ghost of conservatism past, who had kept the outlandish bounder at arm’s length and whom Trump regarded warily if not nervously. Reagan was the original, bigger and more successful performer, whose appeal...

Politics

8 d. ago A Vermont cycling apparel company is trying to survive Trump's tariffs. Will the Supreme Court help?

A small company in Vermont that specializes in women's cycling apparel is at the center of the fight over President Donald Trump's contentious tariff policy

Events

1 week ago Britain would do well to remember where its power over China lies | Simon Jenkins

It’s ridiculous for the government to splurge on defence while it slashes spending on its most valuable asset: cultureThe US has backed down in its tariff war with China. Thanks to Donald Trump’s egotistical diplomacy, rare earths can again flow one way, soya beans the other, and less of the chemicals used to make fentanyl in between. No matter that the war was Trump’s own idea and seems to have been a stunt. The stunt is over. Trump has played his favourite game of dealmaker, much to the discomfort of millions.Meanwhile Britain still cannot make up its mind if China is its enemy. In 2008 British officials visited the Beijing Olympics authorities to discuss the next games in London in 2012. The government told them to “raise” human rights issues, about which the British government was most concerned. I am told the Chinese reacted with sympathy at the Britons’ embarrassment at broaching the matter, and then everyone got down to business. Soon China was a friend, certainly to David Ca...

Politics

1 week ago Trump faces off with Xi in tariff showdown after pairing him with Putin as America's twin enemies

President Trump is preparing for one of the most closely watched encounters of his presidency during his Asia swing.

Politics

1 week ago Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live

Most Asian stock markets rally on trade deal optimism, ahead of expected US interest rate cutAston Martin has slashed £300m from its investment plans after the British sportscar maker reported a bigger than expected loss in the third quarter because of Donald Trump’s tariffs and weak demand in China.The carmaker said on Wednesday that losses before tax were £112m in the third quarter of 2025, a ninefold increase from £12m a year earlier.This year has been marked by significant macroeconomic headwinds, particularly the sustained impact of US tariffs and weak demand in China.Work is under way to review our future product cycle plan with the aim of optimising costs and capital investment while continuing to deliver innovative, class-leading products to meet customer demands and regulatory requirements. Continue reading...

Economics

1 week ago Fresh hope as Asian shares soar to record levels while Trump seeks trade deals

Asian shares have rallied with Japan's benchmark Nikkei 225 topping 50,000

Politics

2 w. ago Trump says he is hitting Canada with extra 10% tariff over ‘fraudulent’ Reagan ad

Trump appeared to take great offense to the ad as he slapped Canada with an additional tariff

Politics

2 w. ago Schumer says Democrats will force vote to overturn Canada tariffs as Carney says nation ‘stands ready’ to continue US trade talks – live

Democratic leader calls Canada tariffs ‘damaging’ and vows effort to overturn them; Canadian prime minister says he wants to see progress on trade negotiationsUS and Canada spar over anti-Trump tariff ad that suspended trade talksThe US secretary of state has confirmed Donald Trump’s announcement that all trade negotiations with Canada have been suspended.Marco Rubio spoke during a visit to a civil-military coordination centre in southern Israel. Continue reading...

Politics

2 w. ago Inflation jumps 3 percent in September as Trump defends his new tariff war with Canada

The numbers come as Trump has said the tariffs have improved the economy, but he canceled all talks with Canada

Economics

2 w. ago Trump terminates trade talks with Canada over ‘fraudulent’ Ronald Reagan tariff ad

Furious Trump accuses country of ‘egregious behavior’ in social media post

Politics

2 w. ago Lloyds mulls legal action over £11bn car finance scandal payout proposals

Lloyds saw earnings plunge 36 per cent over the last quarter after the lender ramped-up cash set aside for payouts related to the car finance commissions scandal.

Economics

2 w. ago General Motors lifts financial forecast as Trump tariff outlook improves

Detroit automaker expects 2025 adjusted core profit to be between $12bn and $13bn as it faces weakening EV marketGeneral Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the US while confronting a weakening market for electric vehicles.The company now expects its annual adjusted core profit to be between $12bn and $13bn, compared with its prior estimate of $10bn to $12.5bn. The Detroit automaker said tariffs would hit its bottom line less than anticipated, lowering its updated impact to a range of $3.5bn to $4.5bn, from a previous $4bn to $5bn. Continue reading...

Politics

3 w. ago Trump admits that his 157% tariff on China is ‘not sustainable’ but shrugs off changing it

During a Fox interview, Donald Trump also criticized Richard Nixon for his landmark 1972 visit to Beijing

Politics

3 w. ago Trump turns attention to Spain with 'punishment' threat after doing well 'off our backs'

Donald Trump has taken a brief pause on his tariff threats to Russia to focus on his latest country of interest – Spain – and says he's 'not happy' with the NATO nation

Politics

3 w. ago ‘It’s a big unknown’: California Democrat on Trump’s 100% tariff plan for foreign movies

Laura Friedman, who spent 20 years in Hollywood before winning her House seat, says film industry needs help but president’s vague policy idea is bafflingLaura Friedman’s love affair with film started young, staying up late to watch old Humphrey Bogart and James Cagney flicks. “It definitely gave me big dreams and I moved to Hollywood to follow those dreams,” she recalls.Now that dream is out of reach for many. Los Angeles is losing its allure as film producers increasingly turn to cheaper locations in other countries. But after 20 years working in the movie industry, Friedman is now uniquely placed to save it after she swapped Hollywood for the halls of Congress in Washington DC. Continue reading...

Politics