57 h. ago Rachel Reeves: There's a deal to be done with Trump that may see tariffs cut on US goods

The Chancellor told a summit the White House is 'keen' to thrash out a trade arrangement. But she insisted Britain will not rush into any accord that is not in 'our national interest'.

Economics

3 d. ago Trump tariffs chaos will blow huge hole in US economy and hit UK hard, says IMF in damning report

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

Events

3 d. ago Trump tariffs chaos will slash UK economic growth and spike inflation, says IMF in double blow to Reeves

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

Economics

3 d. ago FTSE 100 bucks global Trump slump after BoE official says US tariffs might CUT inflation and wades into president's standoff with Fed chief

The FTSE 100 edged up after Megan Greene, a member of the Monetary Policy Committee, gave an assessment of the consequences of Donald Trump 's trade war.

Politics

8 d. ago ECB cuts rates for third time this year as Europe braces for Trump tariffs

Quarter-point cut in main rate to 2.25% aims to tackle slowing eurozone growth and impact of US border taxesBusiness live – latest updatesThe cost of borrowing has fallen across the 20-member euro area for the third time this year after the European Central Bank cut its main interest rate to 2.25% in response to slowing growth and Donald Trump’s tariffs.The Frankfurt-based bank cut its benchmark deposit rate by a quarter of a percentage point on Thursday, in line with City economist expectations, to tackle a slowdown in the bloc and the impact from the border taxes imposed earlier this month on all EU imports into the US. Continue reading...

Politics

9 d. ago UK advertisers cut spending for the first time in four years on tariff turmoil

More companies are reducing ad budgets than increasing them, trade body finds

Economics

2 w. ago Trump's reckless tariff policy and determination to cut taxes means he will have to borrow trillions at a time when the interest rate on government debt is spiralling

Trump's economic policies may seem like a great idea to those he's surrounded himself with in the White House - but to sensible people they threaten to send inflation spiralling and make us all poorer

Politics

2 w. ago ECB expected to cut rates in April and June as tariffs threaten recession

Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UK

Economics

2 w. ago Rollercoaster for US stock markets as tariff uncertainty puts investors on edge

Wall Street shows some recovery after initial falls as Trump’s team dismiss rumours of a 90-day pause on tariffs as ‘fake news’US Politics Live: Trump says Federal Reserve should cut ratesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

2 w. ago Trump says Federal Reserve should cut rates; Canada initiates WTO dispute over car tariffs – US politics live

US economic council head denies tariffs were part of strategy to pressure Fed to cut interest rates; Canada says measures breach trade agreementsEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

3 w. ago Trump’s tariffs squeezes Republicans as they struggle to pass his agenda

Analysis: Trump’s tariffs are making it harder for Republicans to cut taxes and spending, Eric Garcia writes

Politics

3 w. ago Trump’s tariffs squeeze Republicans as they struggle to pass his agenda

Analysis: Trump’s tariffs are making it harder for Republicans to cut taxes and spending, Eric Garcia writes

Politics

3 w. ago Trump dismisses China tariff retaliation and implores Fed to cut interest rates as stock market dives: Live

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stocks sliding further after worst day since 2020

Politics

3 w. ago Irish pharma sector avoids 20% US tariff in immediate future

Ireland’s pharmaceutical exports have avoided new US tariffs for now.

Politics

3 w. ago Pharmaceutical exports could be cut by half if tariffs apply, Tanaiste warns

Simon Harris said the tariffs were regrettable and ultimately bad for consumers.

Events

3 w. ago Pharmaceutical exports could be cut by half if tariffs applies, Tanaiste warns

Simon Harris said the tariffs were regrettable and ultimately bad for consumers.

Events

3 w. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likelyWall Street shrinks in response to price pressures, stoking fears of Trump tariffsSwiss bank UBS has cut its forecast for the US stock market’s gains this year.Having previously forecast the S&P 500 shares index would end the year at 6,600 points (which would have been a 12% gain in 2025), UBS have now cut their end-year target to 6,400 points.“After considering the effects of tariffs and slower growth data so far in 2025, we now expect 6% earnings per share growth, and we have accordingly reduced our year-end target for the index to 6,400 (from 6,600).But this also means that there is still meaningful upside for broad US equities by year-end, in our view.”The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take...

Economics

last month Trump suggests he could cut tariffs on China to get TikTok sale approved

The video app currently has until April 5 to find a non-Chinese buyer for its US business.

Politics