2 h. ago Trump’s 10% tariff on UK products to come into force as stock markets plunge

The FTSE 100 fell on Friday in its worst day of trading since the start of the pandemic while markets on Wall Street also tumbled.

Politics

8 h. ago China’s retaliatory tariffs spark fresh turmoil in global financial markets

Fresh turmoil was sparked on Friday by China announcing it will impose a 34% tariff on imports of all US products.

Economics

9 h. ago The $2,300 iPhone: Apple products could increase dramatically in price because of Trump tariffs, experts say

Most companies, including Apple, are yet to give clear information on what tariffs might mean for prices or profits

Economics

10 h. ago ‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates sayUS politics live – latest updatesThe sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say.Trump’s new 10% universal tariffs – which are higher for many major economies – are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will not apply to many fossil fuel products, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals. Continue reading...

Politics

14 h. ago China imposes a 34% tariff on imports of all U.S. products starting April 10

China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10

Politics

24 h. ago JCB is the first big British firm planning to boost production in the US in response to Trump's tariffs

JCB has become the first major British manufacturer to say it will bolster its US operations in response to Donald Trump's tariffs.

Politics

28 h. ago Jesus take the tariff: Why Bibles could soon get more expensive thanks to Trump’s policy

China, where Trump’s official ‘God Bless the USA’ Bibles are printed, has been hit hard by the president’s sweeping tariffs

Politics

30 h. ago GM will dramatically increase car production in US after Trump tariffs

An American carmaker is set to increase production at its Indiana plant. The move comes one day after President Donald Trump slapped 25 percent tariffs on auto imports.

Politics

31 h. ago Oil slides as Opec+ lifts output and tariffs spark global growth fears

Unexpected increase in supply comes as concern over world economy hits several commodities

Politics

32 h. ago UK draws up list of thousands of US products that could be slapped with tariffs including bourbon, jeans and guitars

The US president unveiled tariffs on countries around the world on Wednesday night

Politics

35 h. ago Oil slides as Opec+ lifts production and tariffs fuel global growth fears

Unexpected increase in supply comes as concern over world economy hits several commodities

Politics

36 h. ago Britain braces for Trump trade war as list of US products that could be hit with retaliatory tariffs is released

Business Secretary Jonathan Reynolds says: ‘We will seek the views of UK stakeholders...on products that could potentially be included in any UK tariff response’

Events

37 h. ago Government draws up list of potential products to include in tariff retaliation

The Prime Minister acknowledged there will be an economic hit for the UK from the 10% import tariff that has been slapped on British goods by the US.

Politics

50 h. ago Donald Trump 'suffers mental collapse' during live speech as he fluffs numbers

Donald Trump gave a high-energy speech in the White House Rose Garden on April 2, where he imposed a 25% tariff on countries that do not make products in the U.S.

Politics

3 d. ago Trumpism is sinking democratic values. It’s Starmer’s job to steer the UK back to safety | Polly Toynbee

US tariffs hit this week just as other costs start to bite in Britain. To meet these challenges, Labour will finally have to changeThe prime minister may pretend to “like and respect” Donald Trump, but elsewhere in parliament anti-Americanism is running hot. In a Lords debate on obesity last week, Labour’s Lord Brooke suggested imposing 25% tariffs on “American products which are causing us difficulties – Coca-Cola, Pepsi, KFC, McDonald’s”. The government replied that the US is an “indispensable ally”. That craven attitude may be politic today – right until it fails tomorrow.The outlook for Britain and other countries is bleak. Wednesday is “liberation day”, when Trump’s tariffs will hit a range of goods likely to send global economies tumbling. There is near-zero expectation that Britain’s genuflections will save us from the same punishment as the rest. As for Trump demanding no VAT on US imports to the UK, that’s extorting with menaces a benefit denied to our own producers. Even i...

Politics

4 d. ago Starmer seeks to avoid Trump tariffs after ‘productive’ talks with US

Britain pushes for carve-out ahead of ‘liberation day’ on Wednesday

Politics

4 d. ago UK politics latest: Starmer and Trump hold ‘productive’ call but Britain still ‘expects US tariffs this week’

Mr Trump is set to slap a general 20 per cent tax on UK products as part of a raft of US tariffs on Wednesday

Politics

4 d. ago Business News: Trump and Starmer hold "productive talks" over US trade tariffs as Primark boss quits

Watch today’s top business stories in less than two minutes.

Economics

8 d. ago US allies worldwide decry Trump’s car tariffs and threaten retaliation

Friendly countries around the globe join China in insisting import taxes are harmful to all, including WashingtonGovernments from Tokyo to Berlin and Ottawa to Paris have voiced sharp criticism of Donald Trump’s sweeping tariffs on car imports, with several of the US’s staunchest long-term allies threatening retaliatory action.Trump announced on Wednesday that he would impose a 25% tariff on cars and car parts shipped to the US from 3 April in a move experts have predicted is likely to depress production, drive up prices and fuel a global trade war. Continue reading...

Politics

8 d. ago Brazilian President Lula swipes at Trump as US imposes auto tariffs

Brazilian President Luiz Inácio Lula da Silva has swiped at U.S. President Donald Trump's decision to raise tariffs on a wide range of products

Politics