2 h. ago Trump hints at new tariffs for major industry that could send Wall Street reeling as he rips into China

DAILYMAIL.COM LIVE BLOG: President Donald Trump is hinting that new tariffs on a massive industry that could soon go into effect as he rips into China.

Politics

2 h. ago Trump to meet El Salvador’s president at White House amid backlash over deportations – US politics live

Nayib Bukele visits US amid questions over return of man wrongly deported to El Salvador; US deported 10 more people to the country at the weekendDonald Trump will meet this morning with El Salvador’s president, Nayib Bukele, at 11am ET at the White House.Referring to the cost of imprisoning the detainees in El Salvador, Trump told reporters on Sunday about Bukele:I think he’s doing a fantastic job, and he’s taking care of a lot of problems that we have that we really wouldn’t be able to take care of from a cost standpoint.He’s been amazing. We have some very bad people in that prison. People that should have never have been allowed into our country. People that murdered, drug dealers, some of the worst people on earth are in that prison. And he’s able to do that. Continue reading...

Politics

5 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

6 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

6 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

7 h. ago Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-livedMatt Britzman, senior equity analyst at Hargreaves Lansdown, said:Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing - and at times contradictory - messages coming out of the White House. Despite the drama, European markets have taken an easing stance on US tech components as a positive in a broad-based rally this morning, with the FTSE 100 up 1.5% in early trading.This time, it’s chips, smartphones, and other tech components taking centre stage. While there were early signs on Friday night that some broad exemptions might be in play, it turns out tariffs are still very much on the table. But here’s the twist: despite the messy rollout, what’s caught investors’ attention is the news that these products won’t...

Economics

7 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

9 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

9 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

9 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

10 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

13 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

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

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

Events

17 h. ago Trump says there will be NO tariff exemptions in dramatic reversal that'll hit Americans hard

President Donald Trump blasted China in a social media post on Sunday where he said there were no tariff exemptions after electronics were not included in a notice on Friday.

Events

18 h. ago Tariffs live: UK suspends some tariffs to ease business tension as trade deal ‘days away’

Breakthrough between UK and the US over tariffs could be reached in the coming days

Economics

24 h. ago UK and G7 allies look at lowering ‘meaningless’ cap on Russian oil exports

Limit of $100 a barrel said to be ineffective with the price of crude having crashed in response to Trump’s trade warThe UK and its G7 allies are considering tightening the “meaningless” cap on Russian oil export prices after Donald Trump’s trade war caused global oil markets to crash.UK Treasury officials are understood to be looking at plans to lower the $60 (£46) a barrel cap Russianexports after the oil market plunged this week to $59.77 a barrel for the first time in more than four years. Continue reading...

Politics

24 h. ago Xi Jinping seeks to strengthen economic ties during tour of south

President’s first stop is Vietnam as China urges US to end trade war and return to ‘right path of mutual respect’The Chinese president, Xi Jinping, will visit Vietnam on Monday as he begins a tour of south-east Asia where he will seek to strengthen ties with neighbouring countries amid an escalating trade war.Xi will visit Vietnam from Monday, before travelling to Malaysia and Cambodia, a high profile tour that Chinese officials have described as being of “major importance”. Continue reading...

Economics

25 h. ago UK suspends import tariffs to ease strain for British businesses

Levies cut on 89 products to support domestic companies against Trump’s trade war

Economics

25 h. ago Trump’s trade war with China shows no signs of slowing even with phones and electronics being exempted: Live

Electronics exemption to Trump’s tariffs will benefit high-tech companies such as Apple and Tesla

Politics

29 h. ago Price hike on Shein? How Trump tariffs could shift the US’s love of fast fashion

Trump ended the ‘de-minimis’ rule while launching a trade war with China – which will make retail giants such as Temu more expensive, experts sayAfter a chaotic week of flip-flopping tariff policies, cheap clothes from China are nearly certain to face a steep price hike soon – prompting concern among fast fashion retailers and potentially pushing consumers to look for other alternatives.As part of a package of global tariff policies announced on “liberation day” last week, Donald Trump signed an executive order that ended a duty-free exemption for low-priced goods to enter the US from China and Hong Kong. Known as the “de-minimis” rule, packages under $800 do not qualify for any taxes or tariffs on the goods and are inspected minimally at the border. Continue reading...

Politics