50 h. ago Trump tariffs threaten havoc for companies with Asia supply chains

Shares in tech groups and retailers hit as ties to China and other supplier nations face turmoil

Politics

59 h. ago Spain’s Rioja wine cellars are overflowing. Trump’s tariffs threaten to make that worse

The U.S. is the second largest export market for Rioja wines after Britain

Politics

66 h. ago Trump's 25% tariffs on US car imports could threaten 25,000 UK jobs, think tank warns

The Institute for Public Policy Research said the US President's levies on UK-made cars entering the US would put 'extreme pressure' on Britain's car makers'.

Events

3 d. ago Donald Trump's crippling 'Liberation Day' tariffs threaten crisis for Rachel Reeves with Chancellor's headroom to be wiped out just one week after cuts

Rachel Reeves will face a fresh crisis today as Donald Trump unleashes a fresh barrage of crippling tariffs.

Events

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 Trump threatens higher tariffs on EU and Canada as UK says it won’t escalate trade war – live

US president threaten ‘large scale tariffs, far larger than currently planned’ if EU works with Canada amid trade war concernsTop aides to Joe Biden “aggressively” warned Democratic donors last summer that if the then president was forced out of the 2024 election over concerns about his age and fitness, the party would inevitably make the “mistake” of running the vice-president, Kamala Harris, against Donald Trump, a new book says.“One donor on the receiving end of an electronic message summed up the sentiments of Biden’s top aides: ‘They were aggressively saying that we would wind up with the vice-president and that would be a mistake.’” Continue reading...

Events

1 week ago Globalisation may have run its course in current form, says HSBC chair

Trade tensions in era of Trump tariffs create serious potential risk to global growth, warns Sir Mark TuckerGlobalisation “may have now run its course” in its current form, according to the chair of HSBC, as geopolitical tensions and US tariffs threaten to upend existing global trade.Speaking at the bank’s global investment summit in Hong Kong on Tuesday, Sir Mark Tucker warned that trade tensions created uncertainty that posed a “serious potential risk to global growth”, in remarks reported by the Financial Times. He predicted stronger economic ties would develop between regional groups and trade blocs. Continue reading...

Society

2 w. ago US shoppers tighten their belts as economic outlook concerns mount

Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economy

Economics

3 w. ago Trump’s fresh steel tariffs threaten UK growth hopes, warn business groups

Experts warned against ‘the siren calls of protectionism’ amid fears the latest trade war escalation could derail economic growth.

Events