59 h. ago White House claims ‘no final decisions on foreign film tariffs’ after Trump announces plan – live

Trump spokesperson says the administration is ‘exploring all options’ but not yet enacting 100% tariff on movies ‘produced in Foreign Lands’ as president saidDonald Trump’s bombshell announcement that “Movies coming into our Country that are produced in Foreign Lands” will be subject to a 100% tariff has certainly caught the attention of Hollywood, as well as the international film industries it seems to be aimed at – principally Canada, the UK, Australia and New Zealand, as well as European countries such as Hungary and Italy that have often acted as bases for US film production.Vague and grandstanding at it is, the chaotic rollout of previous Trump tariffs has triggered feverish speculation, as well as defiance, in the film industry in exactly how this might play out. Continue reading...

Politics

66 h. ago Trump’s tariffs get one thing right: capitalism is changing | Avram C Alpert

The president’s protectivist trade vision is deeply flawed. But he has picked up on something Democrats are missingTrying to understand Donald Trump’s across-the-board tariffs based solely on economic theory won’t work. As the US president himself said: “Chronic trade deficits are no longer merely an economic problem, they’re a national emergency that threatens our security and our very way of life.” That may be why, as many economists have pointed out, there’s simply no good economic case for his plans.But few commentators have understood that facts and figures aren’t the whole point of the tariffs. As always, economics is part of a broader political vision. The tariffs help Trump make his claim that a way of life is under threat and he alone can protect it. Continue reading...

Politics

3 d. ago Trump announces 100% tariffs on movies ‘produced in foreign lands’

President calls films ‘national security threat’ and claims he called on commerce department to immediately enact tariffDonald Trump on Sunday announced on his Truth Social platform a 100% tariff on all movies “produced in Foreign Lands”.In his post, he claimed to have authorized the Department of Commerce and the US trade representative to immediately begin instituting such a tariff, although he gave no details on how it would be implemented. Continue reading...

Politics

3 d. ago Trump’s tariffs guru claim that UK is ‘compliant servant of communist China’ branded ‘crazy’

Peter Navarro has launched a furious attack on Sir Keir Starmer’s relationship with China but sources close to the Trump administration have told The Independent that he is a ‘dangerous influence on the president’

Politics

6 d. ago US treasury secretary urges Fed chair to cut interest rates as Trump claims shrinking economy isn’t related to tariff war – live

Bessent urges Powell to cut interest rates, echoing Trump’s demands; US president claims economic slowdown ‘nothing to do with tariffs’Trump’s tariffs: ‘It feels like Covid 2.0. So many things are getting disrupted’The Trump administration is seeking to strip collective bargaining rights from large swaths of federal employees in a test case union leaders argue is part of a broader attack on US labor unions that could land before the US Supreme Court.A Trump win would deliver a severe blow to labor unions in the US. Some 29.9% of all federal workers were represented by labor unions in 2024 compared to 11.1% for all US workers. Continue reading...

Society

8 d. ago Trump adjusts some auto tariffs after claiming he ‘wanted to help’ US automakers – live

President had said order relaxing some of his 25% tariffs on cars and car parts will be ‘short-term’ help100 days of Trump: interactive look at second term so farTrump has posted on Truth Social about the first 100 days of his second term, calling them “100 very special days”.100 VERY SPECIAL DAYS. MAKE AMERICA GREAT AGAIN!!!Danielle Alvarez of the RNC, and Paul Perez of Border Patrol, were GREAT on Fox & Friends (First). Thank you both! DJT Continue reading...

Politics

8 d. ago Trump official claims auto tariff relief will restore supply chain to US: ‘finish your cars in America and you win’ – live

Commerce secretary says president’s order easing tariffs for US automakers will give them time to reshore parts as Trump aims to mark 100 days in office100 days of Trump: interactive look at second term so farTrump has posted on Truth Social about the first 100 days of his second term, calling them “100 very special days”.100 VERY SPECIAL DAYS. MAKE AMERICA GREAT AGAIN!!!Danielle Alvarez of the RNC, and Paul Perez of Border Patrol, were GREAT on Fox & Friends (First). Thank you both! DJT Continue reading...

Politics

8 d. ago 'We are doing GREAT,' claims Donald Trump after 100 days back in White House despite tariffs carnage and wars

The US president tries to dismiss polls showing his falling ratings as ‘fake news’

Events

9 d. ago US tariff war hurting trade with China; M&S tells hundreds of warehouse agency staff not to come to work after cyber

Rolling coverage of the latest economic and financial newsBack in Beijing, China’s foreign ministry has said President Xi Jinping had not spoken to Donald Trump.The ministry also denied that the two administrations are in talks to strike a tariff deal, which contradicts a claim from Trump last week.“As far as I know, the two heads of state have not called each other recently,“I would like to reiterate that China and the U.S. have not conducted consultations or negotiations on the tariffs issue. Continue reading...

Economics

1 week ago Trump claims China's President Xi called HIM amid tariffs drama and makes odd comparison regarding their chat

President Donald Trump claimed that China's President Xi Jinping called him amid the countries' tariff drama - as China continued to dispute that trade talks are happening.

Politics

1 week ago Trump tariffs: President vents at China over Boeing as Beijing denies claims of trade deal talks

Beijing called claims of trade talks ‘groundless as trying to catch the wind’ and having ‘no factual basis’ as Trump insisted they were happening

Politics

1 week ago China calls reports of ongoing US tariff talks ‘baseless’ while Trump claims administration ‘actively’ seeking deal – live

Spokesperson for China’s ministry of commerce says any claims of progress in China-US negotiations are ‘without factual evidence’South Africa’s President Cyril Ramaphosa has said he talked about the war in Ukraine and the need to foster good bilateral relations with the US in his phone call with Donald Trump.“We both agreed that the war should be brought to an end as soon as possible to stop further unnecessary deaths... to meet soon to address various matters regarding US-South Africa relations,” Ramaphosa wrote in a post on X. Continue reading...

Economics

2 w. ago Trump claims ‘big progress’ in tariff talks with Japan after surprise appearance at negotiations

Japan’s PM says there are still gaps between the two countries’ stances

Politics

3 w. ago Trump latest: China warns president to ‘stop whining’ over tariffs after US curbs Nvidia chip sales in trade war

It comes as Donald Trump claims the U.S is taking in ‘record’ tariffs after raising import duties

Events

3 w. ago The Wolf of Wall Street claims Trump isn’t guilty of market manipulation after tariff U

Jordan Belfort, who previously admitted to stock manipulation himself, has given his verdict on Trump’s trade war

Politics

3 w. ago China hits back at US with 125% tariffs as Xi Jinping warns Donald Trump ‘there are no winners in trade war’

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

Events

3 w. ago China raises tariffs on US goods to 125% as superpower trade war escalates even further

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

Events

3 w. ago Trump claims TikTok deal still on the table as China tariffs threaten to derail agreement

Trump announced a 90-day pause on all reciprocal tariffs this week, except for those placed on China

Economics

4 w. ago Trump says ‘I know what I’m doing’ before stepping back from global tariffs

President said at National Republican Congressional Committee dinner that world leaders are ‘kissing my ass’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

4 w. ago Fact check: are US tariffs really bringing in $2bn a day as Trump claims?

US president may have used some hypothetical maths but chances are slim that such sums are being raisedBusiness live – latest updatesDonald Trump has defended his tariffs by arguing that they are already raking in almost $2bn (£1.6bn) a day for the US.Speaking after more than $5tn of losses on the US stock market since his “liberation day” announcement last week, he made the claim on Tuesday, adding: “America is going to be very rich again, very soon.” Continue reading...

Politics