6 h. ago Relief for UK steel industry as Trump delays ramping up tariffs to 50% AGAIN

Donald Trump has extended the deadline for increasing levies on global imports from 25 per cent to 50 per cent.

Politics

3 d. ago Trump’s China tariffs may threaten the future of America’s fireworks festivals

Industry insiders warn the full effects of Trump’s tariffs may be felt by 2026, in time for the 250th anniversary of America’s founding

Events

3 d. ago Trump threatens crippling attack on the EU that'll leave key industry on its knees

President Donald Trump has reportedly threatened the European Union with a 17 percent tariff on food exports, a move that could cripple that industry.

Events

1 week ago EU retaliation against Trump drug tariffs would be bad idea, says industry

European pharmaceutical body says it would be ‘negative for both sides’ if Brussels hits back on threatened US leviesThe European pharmaceutical industry has urged Brussels not to retaliate if Donald Trump brings in threatened tariffs on imported drugs, amid fears he could impose the levies as early as next week.The US president said last week that the sector-specific tariffs were coming “very soon”. There is concern in Brussels that he could impose them imminently to give himself further leverage ahead of his self-imposed 9 July deadline for trade deals with the EU and about 60 countries. Continue reading...

Politics

1 week ago Toy and game prices rise at the fastest rate on record as Trump’s tariffs on China hit industry hard

Experts say the figures give a gloomy indication of what’s to come for the toy industry

Politics

2 w. ago A look at the major players in the crypto industry and their ties to Trump

President Donald Trump took office in January pledging to “make America the crypto capital of the world” and has since harnessed wide swaths of the federal government to bolster the industry

Politics

2 w. ago Some US restaurants and servers oppose Republicans' 'no tax on tips' budget proposal

Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on tips

Economics

2 w. ago Trump promised riches from ‘liquid gold’ in the US. Now fossil fuel donors are benefiting

How Kelcy Warren, one of Trump’s biggest industry backers, and his pipeline firm are likely to flourish in his second termKelcy Warren was among the top donors for Donald Trump’s 2024 White House bid, personally pouring at least $5m into the campaign and co-hosting a fundraiser for the then presidential hopeful in Houston.Trump’s win appears to already be benefiting Warren and Energy Transfer Partners, the pipeline and energy firm of which he is co-founder, executive chair and primary shareholder. Continue reading...

Politics

3 w. ago Has Starmer caved to Trump on trade AGAIN? PM and US president parade deal

Keir Starmer and Donald Trump put on an old pals act at the G7 in Canada as they showed off a text implementing the broad agreement struck last month.

Politics

3 w. ago Trump says UK is protected from tariffs ‘because I like them’ as trade deal finalised?

UK aerospace sector will face no tariffs from the US while auto industry lowered to 10% from 25%Keir Starmer and Donald Trump have finalised a UK-US trade deal at the G7 summit in Canada, with the US president saying Britain would have protection against future tariffs “because I like them”.The two leaders presented the deal, which covers aerospace and the auto sector, at the G7 venue in Kananaskis, Alberta. Continue reading...

Economics

3 w. ago Trump says UK is protected from tariffs ‘because I like them’ as trade deal is signed off

UK aerospace sector will face no tariffs from the US while auto industry lowered to 10% from 25%Keir Starmer and Donald Trump have signed off a UK-US trade deal at the G7 summit in Canada, with the US president saying Britain would have protection against future tariffs “because I like them”.The two leaders presented the deal, which covers aerospace and the auto sector, at the G7 venue in Kananaskis, Alberta. Continue reading...

Economics

last month Trump tariffs could ‘wipe out’ European steel sector, senior industry figure says

ThyssenKrupp executive warns of ‘collateral damage’ to supply chains and urges protective action on energy pricingEurope’s steel industry faces being “wiped out” in the face of Donald Trump’s prohibitive 50% tariffs, high energy costs and a mountain of cheaper Chinese steel, one of Germany’s biggest industrial groups has warned.Ilse Henne, a board member at the steel, engineering and chemicals group ThyssenKrupp, said the industry faced an existential crisis after the US president’s decision last week to double tariffs on steel and aluminium imports from 25% to 50%. Continue reading...

Politics