8 h. ago Trump launches a queasy market on a wild tariff rollercoaster ride

Analysis: Trump’s constant tariff changes are keeping the world and economy off balance, warns Eric Garcia

Politics

8 h. ago Trump launches queasy market on a wild tariff rollercoaster ride

Analysis: Trump’s constant tariff changes are keeping the world and economy off balance, warns Eric Garcia

Politics

21 h. ago ‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’Business live – latest updatesChina has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “the sky won’t fall”, as stock markets rose on Monday amid signs of a retreat on electronics restrictions.The world’s second-largest economy has diversified its trade away from the US in recent years, according to Lyu Daliang, a customs administration spokesperson, in comments reported by state-owned agency Xinhua. Continue reading...

Politics

22 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

27 h. ago Donald Trump issues dramatic new statement on tariffs after raising hopes on Friday

The President had appeared to spare electronic goods from China from his 125% import tax and 10% global tariff on Friday, but it seems that will not be the case after all

Politics

29 h. ago DOMINIC LAWSON: The REAL reason President Trump can't hope to match China's leader in the tariff wars and why he's far from being a master strategist

Who said of China's president Xi Jinping, 'He's a brilliant guy. He controls 1.4 billion people with an iron fist'? That was Donald Trump during the 2024 US election.

Politics

44 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

49 h. ago Fresh theory around Trump's third presidential term potential floated in jaw

The topic of a Trump third term was given credence by the president himself recently.

Politics

50 h. ago As tariffs put trade between China and the US in peril, Chinese businesses ponder the future

The 145% tariff from the U.S. and the retaliatory 125% tariff from China are putting businesses doing trade between the U.S. and China on edge

Economics

52 h. ago Why the 'very tricky' bond market that tripped up Trump could be your port in this tariffs storm... and deliver 7% returns on YOUR savings

What worrying times we are living in, geopolitically and financially. The see-sawing in equity and bond markets we have seen in recent days has yet to abate - despite Trump's partial tariff climbdown.

Economics

3 d. ago The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods

China has announced that it will raise tariffs on U.S. goods from 84% to 125%

Events

4 d. ago Donald Trump has done more to help China 'than any other living human being', Professor Steve Tsang tells the Mail's 'Apocalypse Now?' podcast after tariff pullback

Trump's trade war with China escalated on Wednesday, with America's effective tariff rate against the nation now standing at a record 125%.

Politics

4 d. ago China to restrict US film releases after Trump’s tariff hike

After the US president imposed 125% duties on Chinese imports, Beijing says it will restrict American films opening in its lucrative market Hours after Donald Trump imposed record 125% tariffs on Chinese products entering the US, China has announced it will further curb the number of US films allowed to screen in the country.“The wrong action of the US government to abuse tariffs on China will inevitably further reduce the domestic audience’s favourability towards American films,” the China Film Administration said in a statement on Thursday. “We will follow the market rules, respect the audience’s choice, and moderately reduce the number of American films imported.” Continue reading...

Politics

4 d. ago Will Trump’s tariff chaos be China’s gain in global trade wars?

As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunitiesBusiness live – latest updatesOn the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was a large incentive for China to do precisely nothing as Donald Trump displayed his determination to lose friends and induce market panic. Indeed, the Chinese advocates of passivity cited a social media meme attributed to President Xi Jinping: “Do nothing. Win.”Initially it was tempting for China to sit back and watch the US’s former allies recoil at Trump’s disruptive war on globalisation and let them realise that, by comparison, China represented an oasis of stability, modernity and predictability. Continue reading...

Events

4 d. ago ‘This was the plan’: Fox News hosts unashamedly celebrate Trump backing down on tariffs

Sean Hannity, Laura Ingram, Jesse Watters and Jean Pirro are among hosts who say the president’s 90 freeze was President Donald Trump’s ‘plan all along’

Politics

4 d. ago Furious Beijing accuses Trump of 'going against the whole world' after he refused to reverse punishing 125% tariffs as China renews vow to 'fight to the end' in trade war

Trump's multi-front trade war narrowed focus on its eastern theatre as duties were temporarily lifted from dozens of global trading partners - while China faced more tariffs

Politics

4 d. ago Australia rejects China’s call to ‘join hands’ amid Trump tariff fallout

Beijing urges Australia to ‘jointly resist’ the ‘hegemonic and bullying behaviour of the US’

Politics

5 d. ago Trump’s tariffs may be reduced but their impact will be felt in the UK and beyond

We examine potential consequences of US president’s market chaos, which could reach every corner of global finance and economyDonald Trump may have stepped back from his huge tariff rises on every country, except China, which now faces 125%, but the impact of the market chaos is likely to continue in the UK and beyond. The rest of the world still faces a blanket 10% tariff on all US exports.While much of the focus has been the direct impact of the tariffs on physical goods, Trump’s actions threaten to reach every corner of global finance and the economy. Continue reading...

Politics

5 d. ago Fox Business reporter says it’s the ‘White House who capitulated’ on tariffs: ‘Let’s be clear’

‘I want to tell you right now that Donald Trump outsmarted the world,’ Charles Gasparino said. ‘But that's not really what happened here’

Economics

5 d. ago The Guardian view on Trump’s trade war: no one will win, but China is taking the long view | Editorial

Beijing is braced for turbulence due to swingeing tariffs. But it sees a bigger, more promising story of US hegemonic declineNo one, least of all consumers and workers, will win the ferocious trade war that Donald Trump has unleashed. This is “a game of who can bear more pain”, in the words of one analyst. And because trade is at the heart of US ties with its biggest tariff target, China, the rest of the bilateral relationship is likely to deteriorate. That too is concerning.Yet China, despite the economic struggles of recent years, may see a longer-term opportunity in the current crisis. Beijing’s response to the initial US tariff announcements was measured. Now it vows to “fight to the end” and has imposed an additional 50% tariff on US goods – taking the total to 84% – in retaliation for tariffs that Mr Trump now says will hit 125%.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for p...

Politics