32 h. ago Grocery giant sounds major warning on price hikes that will impact all Americans after Trump's tariffs

One of North America's largest supermarket chains has bluntly told its suppliers they will not accept increased prices related to Trump-imposed tariffs.

Events

3 d. ago Energy price cap set to fall in July as Trump tariffs bring unexpected effects

UK households could soon see a £166 drop in bills on average

Politics

1 week ago Trump live updates: President says Fed Chair Powell’s ‘termination cannot come fast enough’ after tariff comments

President lashes out at Fed chair as European Central Bank moves to cut interest rates, saying he’s ‘always too late and wrong’

Politics

1 week ago Trump approval rating knocked by poll showing Americans trust Democrats with economy more than Republicans: Live

Gold prices begin to slip after reaching a new record amid ongoing uncertainty over Donald Trump’s erratic tariff strategy

Politics

1 week ago Trump approval rating knocked as poll shows Americans trust Democrats with economy more than Republicans: Live

Gold prices begin to slip after reaching a new record amid ongoing uncertainty over Donald Trump’s tariff strategy

Politics

1 week ago Trump live: Gold prices begin to slip after hitting record highs due to tariff inflation fears

The Trump administration has also hit out at a Democratic senator trying to return Kilmar Abrego Garcia to the U.S

Economics

1 week ago Temu and Shein warn of US price hikes from next week due to Trump tariffs

Shein says ‘operating expenses have gone up’ as both Chinese retailers also drop ad spending in USTwo of China’s largest fast fashion retailers, Temu and Shein, have warned US customers that they will face price hikes from next week, as Donald Trump’s hefty tariffs on Chinese imports come into force.Both companies will be hit by new import levies, which will mean taxes of up to 145% being applied to Chinese goods. They will also suffer from Trump’s cancellation of so-called “de minimus” exemption, under which shipments worth less than $800 (£600) could be imported duty-free. Continue reading...

Events

2 w. ago Trumpflation! Price of Sony PlayStation 5 consoles jumps 10% in the UK because of 'challenging economic environment' in wake of US tariffs

Sony said the 'tough decision' had been made because of 'a challenging economic environment, including high inflation and fluctuating exchange rates'.

Economics

2 w. ago Why buying a Playstation 5 in UK and Europe just got more expensive

Sony has announced a range of price changes after US President Trump announced changes to tariffs

Politics

2 w. ago Experts detail what is best to stockpile with tariffs in place: ‘Let’s not go full 2020 toilet paper crisis mode’

Tariffs are expected to increase spending costs by over $1,000 per household

Events

2 w. ago Companies are already adding a ‘Trump surcharge’ to bills to deal with tariff price increases

Trump’s economic approval rating has fallen since he announced blanket tariffs on most countries earlier this month

Economics

2 w. ago Experts detail what its best to stockpile with tariffs in place: ‘Let’s not go full 2020 toilet paper crisis mode’

Tariffs are expected to increase spending costs by over $1,000 per household

Events

2 w. 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

2 w. ago Trump’s auto tariffs expected to cost industry over $100 billion, with millions fewer cars sold

Vehicle sales are predicted to plummet from auto tariffs and tightened spending by Americans due to import taxes on other goods

Economics

2 w. ago $2,150 for an iPhone? Trump tariffs are ‘category 5 price storm’

US is not set up to supply mobile phones and would cost estimated $30bn to move just 10% of chain from ChinaThe AI-generated video of tired-looking Americans making mobile phones, which circulated widely on social media this week, was a pointed vision of a post-tariff world. But Donald Trump wants it to become reality for Apple.The iPhone maker is one of the biggest victims of the US president’s realignment of the global trading order because its flagship product is assembled in the epicentre of Trump’s protectionist ire – China. Continue reading...

Economics

2 w. ago More Brits rush to buy gold which hits record high price as Trump tariffs war wipes trillions off shares

Investors are also piling into buying the Swiss franc and the yen while the US dollar has slumped amid the US president’s trade chaos

Economics

2 w. ago UK households issued 'act now' warning over £1.40 supermarket staple

US President Donald Trump’s new tariffs could lead to massive price hikes in Britain - with shoppers expecting household items to increase in supermarkets

Events

2 w. ago Prada cuts Versace purchase price by $200mn after Trump tariffs

Italian fashion group set to announce $1.38bn tie-up with Capri-owned house as soon as Thursday

Economics

2 w. ago Petrol to fall below 130p a litre within days as Trump tariffs cause oil price to plunge

Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will benefit at the pumps.

Politics

2 w. ago Panic buying at Asian supermarkets as shoppers fear Trump tariff price rises

The stores can be a source of comfort for immigrants and foreign students craving the tastes of home

Economics