2 h. ago UK business confidence sinks to lowest level in years after tariff chaos

Taxation has emerged as a major concern for businesses

Economics

6 h. ago Aircraft deliveries at risk from tariff chaos, says Ryanair boss O’Leary

Airlines and plane manufacturers are preparing to battle over who pays for the duties

Events

6 h. ago Aircraft deliveries at risk from tariff chaos, Ryanair warns

Airlines and plane manufacturers prepare to battle over who pays the duties

Events

26 h. ago Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-livedMatt Britzman, senior equity analyst at Hargreaves Lansdown, said:Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing - and at times contradictory - messages coming out of the White House. Despite the drama, European markets have taken an easing stance on US tech components as a positive in a broad-based rally this morning, with the FTSE 100 up 1.5% in early trading.This time, it’s chips, smartphones, and other tech components taking centre stage. While there were early signs on Friday night that some broad exemptions might be in play, it turns out tariffs are still very much on the table. But here’s the twist: despite the messy rollout, what’s caught investors’ attention is the news that these products won’t...

Economics

48 h. ago Price hike on Shein? How Trump tariffs could shift the US’s love of fast fashion

Trump ended the ‘de-minimis’ rule while launching a trade war with China – which will make retail giants such as Temu more expensive, experts sayAfter a chaotic week of flip-flopping tariff policies, cheap clothes from China are nearly certain to face a steep price hike soon – prompting concern among fast fashion retailers and potentially pushing consumers to look for other alternatives.As part of a package of global tariff policies announced on “liberation day” last week, Donald Trump signed an executive order that ended a duty-free exemption for low-priced goods to enter the US from China and Hong Kong. Known as the “de-minimis” rule, packages under $800 do not qualify for any taxes or tariffs on the goods and are inspected minimally at the border. Continue reading...

Politics

3 d. ago BORIS JOHNSON: Time for Britain to lead the world out of tariff chaos

With ­trembling fingers I reached into the chilled display. It felt like hours that I had been ­scouring the shelves in the vast Texan supermarket, with aisles as long as Westminster Abbey.

Politics

4 d. ago Starmer urged to accelerate global trade deals after Trump tariff chaos

Exclusive: The UK is warned it cannot isolate itself from the effects of a trade war between the US and China after Donald Trump’s U-turn on tariffs

Economics

4 d. ago Will Trump’s tariff chaos be China’s gain in global trade wars?

As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunitiesBusiness live – latest updatesOn the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was a large incentive for China to do precisely nothing as Donald Trump displayed his determination to lose friends and induce market panic. Indeed, the Chinese advocates of passivity cited a social media meme attributed to President Xi Jinping: “Do nothing. Win.”Initially it was tempting for China to sit back and watch the US’s former allies recoil at Trump’s disruptive war on globalisation and let them realise that, by comparison, China represented an oasis of stability, modernity and predictability. Continue reading...

Events

4 d. ago Prada buys luxury fashion rival Versace in £1.1 billion 'Made in Italy' deal

The deal was almost scuppered by the tariff chaos of recent weeks but closed today

Economics

4 d. ago Prada buys luxury fashion rival Versace in £1.1 billion luxury deal

The deal was almost scuppered by the tariff chaos of recent weeks but closed today

Economics

5 d. ago Trump’s tariff chaos is already hammering these small businesses

Trump’s pause on tariffs won’t help many of these businesses who rely on imports from China

Politics

5 d. ago Trump brags world leaders are ‘kissing my ass’ as tariff chaos rocks markets

President boasts at National Republican Congressional Committee dinner: ‘I know what I’m doing’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

6 d. ago Companies’ rush to promise new US factories threatened by Trump tariff chaos

New plants will take years to build and executives are wary of committing while trade policy is unclear

Events

6 d. ago Jon Stewart mocks Republicans for being ‘so chill’ despite Trump tariff chaos

The Daily Show host takes a swipe at MAGA supporters who brush off the impacts of Trump’s trade war

Politics

7 d. ago Trump tariff chaos hits PlayStation and Nintendo hard as game companies shaken by rollout

Japanese gaming companies have been hit hard in the earliest days of President Trump's tariffs, including Nintendo has it prepares to launch its Switch 2 console in June

Events

7 d. ago Jon Stewart ridicules Trump’s new nickname following trade tariff chaos

‘Your economic policy has the same tagline as season 3 of Squid Game?’ joked Stewart

Events

7 d. ago Bombshell poll shows what Brits now think of US after Donald Trump's tariff chaos

Eye-opening data shows 15% of UK voters now view the US as an enemy, while just 43% believe Washington is an ally as alarm grows over Donald Trump's swingeing tariffs

Events

7 d. ago Roller coaster US stock markets fall heavily again amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Economics

7 d. ago Roller coaster US stock markets bounce back amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Politics

7 d. ago Roller coaster US stock markets follow London with heavy falls amid tariff chaos

Latest falls on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Economics