6 h. ago Trump trade war could challenge US credibility, says Jamie Dimon

JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate

Politics

7 h. ago 'Let those US peasants wail in front of 5,000 years of Chinese civilisation!': Beijing fires extraordinary trade war broadside following JD Vance's slur

Beijing has branded the US tariffs as 'extremely shameless' today and warned that bullying has never worked on Chinese people - including those from Hong Kong.

Events

9 h. ago Trump’s tech tariffs are total chaos – and everyone’s paying the price

From iPhone airlifts to Nintendo delays, Trump’s trade war has thrown the tech world into confusionHello, and welcome to TechScape. Today’s news: Donald Trump’s tariffs spread confusion like a germ, tech takes two kinds of environmental tolls, Meta faces an antitrust trial, and I’ve been watching two excellent pieces of serialized fiction on Instagram and TikTok.OpenAI countersues Elon Musk over ‘unlawful harassment’ of companyFederal workers fear Musk’s ‘efficiency’ agency is using AI to spy on them: ‘They are omnipresent’ Continue reading...

Economics

10 h. ago Donald Trump's trade war tariffs slammed by France for unleashing 'tsunami of destabilisation'

French Prime Minister Francois Bayrou hit out at Trump’s America for going ‘over to the side of the aggressors’

Politics

10 h. ago ‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailout

With extreme weather and Trump’s looming trade war, US farmers are reeling and resigned to needing another bailoutFarmers across the United States say they could face financial ruin – unless there is a huge taxpayer funded bail out to compensate for losses generated by Donald Trump’s sweeping cuts and chaotic tariffs.Small- and medium-sized farms were already struggling amid worsening climate shocks and volatile commodities markets, on top of being squeezed by large corporations that dominate the supply chain. Continue reading...

Events

21 h. ago China’s Xi Jinping is in Vietnam to figure out how to ‘screw’ the US, says Trump

US president issues scathing view of Chinese counterpart’s motivations amid escalating trade war with Beijing Xi Jinping’s tour of South-east Asia this week is likely intended to “screw” the United States, President Donald Trump has suggested, as the Chinese leader embarks on five-day tour of some nations hardest hit by Trump’s tariffs.China’s president arrived in Hanoi on Monday, where he met Vietnam’s top leader, To Lam, called for stronger trade ties, and signed dozens of cooperation agreements, including on enhancing supply chains. Continue reading...

Politics

23 h. ago UK consumers plan to ‘buy British’ as Trump’s trade war bites

More than 70% of people said they intend to support UK businesses

Politics

29 h. ago Leda Braga’s Systematica suffers as Trump’s trade war hits quant hedge funds

Sharp market reversals have wrongfooted many computer-driven traders betting on market trends

Events

31 h. ago Top economist urges Reeves to raise basic rate of income tax for first time in 50 years

Institute for Fiscal Studies boss Paul Johnson warned Donald Trump’s trade war is ‘badly buffeting’ the UK economy

Economics

32 h. ago Trump says he's prepping for 'war' with China as he takes HUGE economic gamble angering Xi Jinping

President Donald Trump gave another justification for his tariff hikes.

Politics

37 h. ago What does China really think of Trump? That he and vengeful chairman Mao would have got on well | Tania Branigan

Many see parallels with the architect of the Cultural Revolution. Both relished disruption and have exploited the power of the mobWhen rare protests flared in China in 2022, one slogan read: “We want reform, not a Cultural Revolution.” It alluded to complaints that the country’s leader, Xi Jinping, was behaving in an increasingly Mao-esque manner. His extraordinary dominance over his party, political repression, tight social controls and burgeoning personality cult all lent themselves to comparison with the man who ruled China for decades.Yet Xi is committed to order and discipline, exerting authority through the organs of the Communist party. Mao Zedong relished disruption and turned to the power of the masses. That’s why, increasingly, many in China are comparing Mao to another modern-day leader. Despite the ferocity of Donald Trump’s trade war, they are perhaps just as shocked by what he is doing to his own country. They see a proud nation felled not by an external threat, but by...

Politics

38 h. ago Why British businesses won’t abandon manufacturers in China despite Trump tariffs

China has vowed to ‘fight to the end’ in a trade war with the US which threatens to up-end global supply chains

Economics

38 h. ago Why British businesses say they won’t abandon their manufacturers in China despite Trump tariffs

China has vowed to “fight to the end” in a trade war with the US which threatens to up-end global supply chains

Economics

39 h. ago Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductors

Events

40 h. ago China says ‘sky won’t fall’ as exports surge ahead of Trump tariffs

Rush of shipments preceded escalation of trade war between world’s two biggest economies

Politics

40 h. ago China customs says ‘sky won’t fall’ as exports surge ahead of Trump tariffs

Rush of shipments preceded escalation of trade war between world’s two biggest economies

Politics

40 h. ago China says ‘sky won’t fall’ as exports surge ahead of Trump’s tariffs

Rush of shipments preceded escalation of trade war between world’s two biggest economies

Politics

41 h. 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

44 h. ago Xi warns ‘no winners’ from Trump trade war as he heads to Vietnam

Chinese leader seeks to strengthen ties with export-dependent economies facing high US levies

Events

47 h. ago London Property Faces Worst Hit From Trade War, Rightmove Says

London Property Faces Worst Hit From Trade War, Rightmove Says  Bloomberg

Events