3 d. ago Starmer admits finalising his US trade deal could take WEEKS after Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Economics

3 d. ago UK steel industry welcomes Donald Trump decision not to impose 50% tariffs but ‘uncertainty remains’

Donald Trump has decided to 'provide different treatment' to the UK with a trade deal still to be finalised

Politics

3 d. ago Relief as Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Politics

3 d. ago Britain spared Trump's new 50% steel tariffs but industry remains gripped by uncertainty

Gareth Stace, the director general of UK Steel, said that Donald Trump’s decision is a ‘welcome pause’

Politics

3 d. ago Steel industry welcomes 25% tariffs but warns ‘uncertainty remains’

Gareth Stace, the director general of UK Steel, said that Mr Trump’s decision is a ‘welcome pause’.

Events

3 d. ago UK’s steel industry spared Trump’s new 50 per cent tariffs – but exemption deal still not in place

US president decides to ‘provide different treatment’ to UK after deal struck last month

Economics

3 d. ago British industry exempted from Trump’s doubling of steel tariffs

But UK bosses are pressing Sir Keir Starmer for a rapid implementation of the trade deal agreed with the president

Politics

4 d. ago US firms say Trump trade war is hitting production as dollar nears three

Manufacturing survey signals third monthly decline in output in a row amid uncertainty over tariffsUS manufacturers have warned that Donald Trump’s trade war is hitting production, pushing the dollar close to a three-year low against sterling on Monday.The greenback suffered a fresh sell-off, after the closely watched ISM survey of the manufacturing sector signalled a third monthly decline in output in a row. Continue reading...

Events

6 d. ago Trump's doubling of steel tariffs to 50 per cent 'would be body blow to British industry'

The US President met with workers at a steel plant in Pittsburgh, Pennsylvania , on Friday night and said he would be doubling tariffs on imports from 25 per cent to 'further secure' the industry.

Politics

6 d. ago Ministers unsure if Donald Trump's 50% steel tariffs will affect UK firms

The US President announced last night that tariffs on Steel and Aluminium would be raised from 25% to 50% to "secure the steel industry in the United States" - adding that "nobody is going to get around that."

Politics

8 d. ago Trump fury over US court bid to block tariffs – as experts warn uncertainty could hit economy

A ruling by three US judges has been described as ‘good news’ for countries negotiating trade deals with Trump but brought warnings of uncertainty and confusion

Events

1 week ago The Guardian view on Farage’s cynical pitch: Labour must be bolder to see off the threat | Editorial

The Reform UK leader spies a route to power through appealing to blue collar voters. His speech is another wake-up call for Sir Keir Starmer’s governmentLast July, concluding his election victory speech after winning in Clacton, Nigel Farage announced that after inflicting grievous damage on the Conservative party that night, Reform UK would now “be coming for Labour”. Since then, on issues such as the nationalisation of Britain’s beleaguered steel industry, Mr Farage has carefully positioned his party as sympathetic to working-class concerns and fears. His heavily-trailed speech on Tuesday, in Westminster, was the most direct attempt yet to present himself as a new spokesperson for Labour’s traditional blue-collar voters.The most talented and cynical political opportunist of his generation, Mr Farage knows where the openings lie. Labour has tied itself in unedifying knots over its deeply unpopular cuts to the winter fuel allowance, and agonised over reversing the Tories’ ...

Events

1 week ago IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – as it happened

Rolling coverage of the latest economic and financial news, as IMF releases latest healthcheck on UK economyRachel Reeves should ease fiscal rules to prevent emergency spending cuts, IMF saysEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record ...

Economics

1 week ago IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial news, as IMF releases latest healthcheck on UK economyRachel Reeves should ease fiscal rules to prevent emergency spending cuts, IMF saysEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record ...

Economics

1 week ago UK retail confidence plummets as sales fall; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial newsEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record high reached in February. More positive vibes are pulsing about the outlook for the global economy, with hopes that more scores can b...

Economics

1 week ago Tesla sales halve in Europe; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial newsEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsStocks have jumped in London as trading resumes after the Bank Holiday weekend.City investors are relieved that Donald Trump has delayed his threatened hike on EU tariffs to 50% until July, cooling trade war fears. Continue reading...

Economics

2 w. ago India's steel expansion threatens climate goals and global efforts to clean up industry: report

India will play a key role in whether steelmaking, one of the world’s most polluting industries, moves away from dirty fuels to cleaner electricity sources

Events

4 w. ago Donald Trump trade agreement with UK a 'great deal' for Scotland that will 'create jobs'

The Scotch whisky industry said the deal represented "welcome progress" to reduce tariffs on exports to the US.

Politics

4 w. ago Months of talks, then a late scramble: how the UK finally struck a US trade deal

Sir Keir Starmer welcomed agreement to blunt impact of Donald Trump’s tariffs

Economics