11 h. ago Donald Trump's threaten brutal Apple goods tariff unless he gets iPhones pledge

Donald Trump has threatened Apple and the EU with extreme tariffs, as the Orange manbaby once again throws his toys out of the pram over the response to his hefty economic measures

Politics

11 h. ago Donald Trump threatens huge tariffs on EU goods and smartphones, including Apple products

Markets tanked following the announcement as the US President cranks up trade threats

Politics

13 h. ago Trump says Samsung and other smartphone manufacturers will also be subject to 25% Apple tariff – business live

US president says 50% tariff on EU goods to come in 1 June; Apple iPhones and those of other manufacturers made overseas to face 25% tariffTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Ne...

Economics

14 h. ago European markets suffer losses after Trump ‘recommends’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net export...

Economics

16 h. ago Stock markets slump after Donald Trump threatens EU with 50% tariffs

The US president said on Friday that discussions with the bloc were ‘going nowhere’ and that the tariffs would take effect on June 1.

Politics

16 h. ago Trump threatens 25% tariff on Apple and Samsung phones not made in US

Announcement wipes about $70bn off Apple shares amid pressure on company to build smartphones in USBusiness live – latest updatesDonald Trump has threatened to impose a 25% tariff on iPhones if they are not made in the United States, as he stepped up the pressure on Apple to build its signature product in the country.The president wiped approximately $70bn (£52bn) off the company’s shares with a post on the Truth Social platform that said iPhones sold inside the US must be made within the country’s borders. Continue reading...

Politics

17 h. ago Apple has had few incentives in the past to start making iPhones in US

Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech giant moves production to the United States

Politics

17 h. ago Markets tank as Trump moves to impose crippling 50% tariff on Europe

Donald Trump is threatening new crippling tariffs on the European Union after trade negotiations have gone south.

Politics

19 h. ago Trump launches crippling tariffs on 'very difficult' Europe in new trade war escalation

Donald Trump is threatening new crippling tariffs on the European Union after trade negotiations have gone south.

Politics

19 h. ago Donald Trump threatens huge tariffs on EU goods and Apple iPhones

Markets drop on news as US President Donald Trump cranks up trade threats

Politics

19 h. ago Trump ‘recommending’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTypical energy bill in Great Britain to fall 7% to £1,720 a year from JulyAs well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net exports an...

Politics

26 h. ago Ofgem confirms energy bills are set to fall by £129 under latest price cap

It comes after US president Donald Trump's aggressive tariff plans led to a significant slump in gas and oil prices

Economics

43 h. ago SNP told to take 'tougher approach' to tackle youth knife crime after 'sickening rise'

Carrying a knife is “dangerous” and “damaging”, John Swinney has warned young Scots as he condemned recent violence.

Events

43 h. ago Top 10 wealthiest American men collectively earned extra $1B a day, report says, as Trump pushes tax cuts

Despite market turmoil caused by Donald Trump’s tariffs, the group saw an increase in their collective wealth of $365 billion over the last 12 months

Economics

52 h. ago John Swinney warns Donald Trump tariffs on whisky are 'very damaging' to Scottish economy

EXCLUSIVE: The First Minister said the removal of the 10 per cent levy on Scotch exported to the US must be a "negotiating priority".

Events

54 h. ago Top 10 wealthiest American men collectively earned an extra $1 billion each day last year, report says, as Trump pushes for tax cuts

Despite market turmoil caused by Donald Trump’s tariffs, the group saw an increase in their collective wealth of $365 billion over the last 12 months

Economics

2 d. ago Germany's economy will stagnate this year as tariffs cast a shadow, advisers say

Germany’s economy will stagnate this year as the country faces headwinds from U.S. President Donald Trump’s tariffs and trade threats

Economics

3 d. ago JD Sports reveals weaker profits as tariffs set to lift US prices

The company warned there is market ‘volatility’ in the face of the tariff regime launched by US President Donald Trump last month.

Economics

3 d. ago Trump's tariffs will test unity among allies at G7 finance ministers' summit

Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump’s sweeping tariffs

Politics

3 d. ago Majority of US companies say they have to raise prices due to Trump tariffs

Over half (54%) of companies surveyed by insurer Allianz say they will have to raise prices to accommodate cost of tariffsA majority of US companies say they will have to raise their prices to accommodate Donald Trump’s tariffs in the US, according to a new report.More than half (54%) of the US companies surveyed by insurance company Allianz said they will have to raise prices to accommodate the cost of the tariffs. Of the 4,500 companies across nine countries, including the US, UK and China, surveyed by Allianz only 22% said they can absorb the increased costs. Continue reading...

Politics