12 h. ago Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Business live – latest updatesXi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports. Continue reading...

Events

42 h. ago China schools Trump on the art of a tariff deal: Don’t threaten us

Donald Trump has announced he’s willing to back way off Chinese tariffs after his levy package hit the stock market, the strength of the dollar, small businesses and American jobs.

Economics

51 h. ago Reeves moves to block cheap imports undercutting British high street

The Chancellor announced the move amid the fallout from Donald Trump’s tariffs.

Politics

59 h. ago New tax rises warning as UK borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March - equal to £95,300 per household

Events

60 h. ago New tax rises warning as borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March, says the ONS

Events

3 d. ago Drivers turn to number plate checker to see if £150 DVLA car tax rise affects them

A recent car tax rise has hit millions of drivers but there is a simple way to check how much extra you'll need to pay

Economics

4 d. ago Modi and JD Vance hail ‘significant progress’ in trade negotiations

Visit to India by vice-president and family could be overshadowed by US visa tensions and farmer protestsIndia’s prime minister, Narendra Modi, and US vice-president JD Vance have hailed “significant progress” in negotiations toward a bilateral trade agreement, a deal that could help India avoid sharp tariff hikes announced by President Donald Trump.Vance, accompanied by second lady, Usha Vance, and their children – Ewan, Vivek, and Mirabel – landed in the Indian capital earlier on Monday for a four-day visit combining high-level negotiations with family sightseeing. They were received at the airport by railways minister Ashwini Vaishnaw. Vance stood under a red canopy that shielded him from the blazing sun as soldiers saluted and a military band played the US anthem. Continue reading...

Politics

7 d. ago Show goes on for Ralph Lauren as fashion reels from Trump tariffs

With the sector bracing itself for a global trade war, investors may find comfort in a trusted pair of handsTwo weeks after Donald Trump announced his “liberation day” tariffs, the fashion industry finds itself in turmoil as it tries to navigate the chaos unleashed.Some are calling it the “tariffpocalypse”, with the sector bracing itself for a global trade war, snarling up supplies and hiking costs, alongside plummeting consumer confidence. Continue reading...

Politics

8 d. ago Giorgia Meloni to try to act as bridge between EU and US with Trump meeting

Italian PM’s summit with US president provokes trepidation among some European allies• Europe live – latest updatesGiorgia Meloni will attempt to burnish her credentials as a possible bridge between the EU and the US during a high-stakes summit with Donald Trump in the White House on Thursday, the first European leader to meet the US president since he announced and then paused some of his planned trade tariff hikes.Italy’s far-right prime minister, who has nurtured friendly relations with Trump, arrived in Washington on Wednesday night. The pair will have lunch at 12pm local time before the meeting in the Oval office, which will be attended by a pool of White House reporters and Italian journalists. Continue reading...

Politics

8 d. ago Giorgia Meloni aiming to act as bridge between EU and US in Trump meeting

Italian PM’s summit with US president has provoked trepidation among some European allies• Europe live – latest updatesGiorgia Meloni will attempt to burnish her credentials as a possible bridge between the EU and the US during a high-stakes summit with Donald Trump in the White House on Thursday, the first European leader to meet the US president since he announced and then paused some of his planned trade tariff hikes.Italy’s far-right prime minister, who has nurtured friendly relations with Trump, arrived in Washington on Wednesday night. The pair will have lunch at 12pm local time before the meeting in the Oval Office, which will be attended by a pool of White House reporters and Italian journalists. Continue reading...

Politics

9 d. ago Hong Kong post office will stop shipping parcels to the US over tariffs

Hong Kong’s post office will stop shipping small parcels to the United States after Washington announced plans to charge tariffs on small-value parcels from the southern Chinese city

Politics

1 week ago SYLVIA MORRIS: Top savings deals vanish after Trump's tariffs as I predicted

Following US President Donald Trump's tariff announcements, top savings rates disappeared in a flash - which is as I anticipated. Now, here's my advice on which rates to bank while you still can.

Economics

1 week ago SYLVIA MORRIS says: Top savings deals are vanishing after Trump's tariffs just as I predicted

Following US President Donald Trump's tariff announcements, top savings rates disappeared in a flash - which is as I anticipated. Now, here's my advice on which rates to bank while you still can.

Economics

1 week ago Nvidia says it will build up to $500bn of US AI infrastructure as chip tariff looms

Plan comes after Donald Trump reiterated import threats and chipmaker’s CEO dined at US president’s resortThe chip designer Nvidia has said it will build up to $500bn (£378bn) worth of artificial intelligence infrastructure in the US over the next four years, in a sign of manufacturers investing in operations on American soil amid Donald Trump’s tariffs.The announcement comes after Trump reiterated threats on Sunday to impose imminent tariffs on the semiconductors that Nvidia makes mostly in Taiwan, and after the chipmaker’s chief executive, Jensen Huang, dined at the president’s Mar-a-Lago resort earlier this month. Continue reading...

Economics

1 week ago ‘Severe strain’ on tech supply chains will cause more price rises in electronics

Experts say the ongoing uncertainty around Donald Trump’s tariff policy is forcing firms to put prices up – as Sony announced PS5 price rises.

Science

1 week ago Why buying a Playstation 5 in UK and Europe just got more expensive

Sony has announced a range of price changes after US President Trump announced changes to tariffs

Politics

1 week ago China halts critical rare earth mineral exports as Trump teases new tariffs

US president says he will announce tariff rates on semiconductors next week

Politics

1 week ago Companies are already adding a ‘Trump surcharge’ to bills to deal with tariff price increases

Trump’s economic approval rating has fallen since he announced blanket tariffs on most countries earlier this month

Economics

1 week 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

1 week ago Government announces extra help for businesses hit by US tariffs

The Chancellor said thousands of businesses would benefit from a move to expand UK Export Finance’s backing for firms by £20 billion.

Politics