8 h. ago Trump gives TikTok deal extension after China walked away from negotiations due to tariffs

Without a deal, TikTok would go dark in the United States on Saturday for more than 170 million users

Economics

20 h. ago UK 'negotiating intensively' for US tariffs deal as Government considers response

Britain’s top stocks slid further in value on Friday morning

Economics

34 h. ago Irish Government hoping for negotiated settlement on US tariffs

Senior figures in Ireland’s Government have expressed hope for a negotiated settlement to mitigate the impact of US tariffs.

Politics

36 h. ago Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiationsEuropean leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating an “immense difficulty for Europe”, while appealing for last-ditch negotiations to avert an all-out trade war.The French president, Emmanuel Macron, said Trump’s decision to impose tariffs was “brutal and unfounded” and appeared to call for a suspension of French investment in the US until the tariffs were clarified. Continue reading...

Politics

37 h. ago Amazon, OnlyFans creator and crypto company bid for TikTok as deadline looms

Zoop, a startup run by OnlyFans founder Tim Stokely, reportedly partnered with a cryptocurrency company to make a late-stage bid

Events

52 h. ago Asian markets plunge as world reels from Trump tariff announcement – business live

US president has announced aggressive tariffs targeting US allies on what he has dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessUS futures have fallen sharply, with the Dow Jones dropping 2.4% at around 2345 GMT, the Nasdaq index plunging 4.2%, and the broader futures index for the S&P 500 falling 3.5%. AFP reports:Wall Street has largely suffered from Trump’s various trade announcements in recent weeks.“The silver lining for investors could be that this is only a starting point for negotiations with other countries and ultimately tariff rates will come down across the board,” Northlight Asset Management’s Chris Zaccarelli wrote in a note to clients. Continue reading...

Economics

3 d. ago EU has a ‘strong plan’ to retaliate on Trump tariffs, says von der Leyen

Head of European Commission says bloc would prefer to negotiate but all countermeasures are on the tableThe European Union has a “strong plan” to retaliate against tariffs imposed by Donald Trump but would prefer to negotiate, the head of the European Commission, Ursula von der Leyen, has said.Trump, who has upended eight decades of certainties about the transatlantic relationship since taking office, has threatened tariffs on goods from around the world from Wednesday. His administration in March put tariffs on imported steel and aluminium and said higher duties on cars would come into effect on Thursday. Continue reading...

Politics

3 d. ago No country better placed than UK to strike tariff deal with Trump, business secretary claims

The business secretary said nowhere is better placed to negotiate a carve-out from Donald Trump’s tariffs than Britain

Economics

4 d. ago Trump says TikTok sale deal will be in place before Saturday deadline

The video app has until April 5 to find a buyer for its US business or face a ban.

Economics

5 d. ago Starmer and Trump agree tariff negotiations will continue ‘at pace’

The UK is trying to negotiate an exemption from tariffs on imports into the US.

Politics

1 week ago UK retail sales slump in March; Lower Thames Crossing approval welcomed (and criticised) – business live

UK retailers gloomy, while tunnel to connect A2 and M2 in Kent to the A13 and M25 in Essex has been approved.Lower Thames Crossing plan for Essex and Kent approved by governmentEuropean stock markets are higher this morning, as investors cling to hopes that Donald Trump’s plan to impose reciprocal tariffs on trading partners could be more targetted than feared.The pan-European Stoxx 600 index has gained 0.57% this morning, with gains on the German DAX (+0.5%), French CAC (+0.9%) and Italian FTSE MIB (+0.7%).US markets are beginning to show some belief that President Trump’s strong arm negotiating tactics on tariffs might not be quite as punitive for the US economy as feared.There are growing hopes that if they are more targeted, as rumoured, they might helpshore up domestic industry, while securing better terms for the US on the global trading stage.Tesla currently faces a number of challenges in Europe, ahead of the launch of its new Model Y mid-size SUV this month. The EV maker ha...

Economics

1 week ago UK retail sales slump in March amid weak confidence, CBI says – business live

Rolling coverage of the latest economic and financial newsEuropean stock markets are higher this morning, as investors cling to hopes that Donald Trump’s plan to impose reciprocal tariffs on trading partners could be more targetted than feared.The pan-European Stoxx 600 index has gained 0.57% this morning, with gains on the German DAX (+0.5%), French CAC (+0.9%) and Italian FTSE MIB (+0.7%).US markets are beginning to show some belief that President Trump’s strong arm negotiating tactics on tariffs might not be quite as punitive for the US economy as feared.There are growing hopes that if they are more targeted, as rumoured, they might helpshore up domestic industry, while securing better terms for the US on the global trading stage.Tesla currently faces a number of challenges in Europe, ahead of the launch of its new Model Y mid-size SUV this month. The EV maker has a smaller, ageing lineup while traditional automaker rivals and new Chinese entrants alike continue to launch new, of...

Economics

2 w. ago US investors in ByteDance explore TikTok deal to appease Trump

General Atlantic, Susquehanna, KKR and Coatue discuss acquiring more stakes in viral app’s US operations alongside Oracle

Economics

3 w. ago Trump to ‘deal with’ TikTok ahead of April deadline, Commerce Secretary vows

ByteDance has until April 5 to either divest from TikTok or see its platform banned from American app stores. It’s hazy if Trump will extend the deadline

Politics

3 w. ago Voices: Tariffs, Trump, and trade: Independent readers give their verdict

Brexit has given the UK the freedom to negotiate its own trade deals, but as Trump’s tariffs hit British exports, the question remains: is Britain stronger alone or weaker without the EU’s collective bargaining power?

Politics

3 w. ago Britain 'rapidly' negotiating US trade deal after Donald Trump steel tariffs blow

The Government has hit out at US tariffs imposed by Trump, but ministers say the UK will ‘not retaliate immediately’

Economics

3 w. ago Trump says US in talks with four groups over TikTok sale: ‘It’s up to me’

President suspended implementation of law ordering app to divest from its Chinese owner ByteDance or face US banDonald Trump said on Sunday the United States was in talks with four groups interested in acquiring TikTok, with the Chinese-owned app facing an uncertain future in the country.A US law has ordered TikTok to divest from its Chinese owner, ByteDance, or be banned in the United States. Asked on Sunday if there was going to be a deal on TikTok soon, Trump told reporters: “It could be.” Continue reading...

Politics

4 w. ago Trump administration cancels $400m in grants and contracts to Columbia University over ‘harassment of Jewish students’ – live

The New York university has been a target of the Trump administration after it became a major encampment for students protesting the war in GazaCanadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Politics

4 w. ago Trump claims it’s ‘easier’ to deal with Russia for Ukraine ceasefire and says he’s planning tariffs on Canadian lumber and dairy – live

Asked whether he believes Putin wants peace, US president says ‘I believe him’Canadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Economics

4 w. ago Trump touts private sector jobs in latest employment data – live

Comments come as Trump vows to dramatically downsize government, including with mass firings of federal employeesCanadian prime minister Justin Trudeau has scrambled to convince Donald Trump to lift tariffs on his country, which together with Mexico and China is one of the US’s largest trading partners.That effort included a phone call between the two leaders on Wednesday, which appears to have had some effect – on Thursday, Trump exempted Canada from some of the tariffs he had imposed, along with Mexico.Trudeau responded Tuesday by placing tariffs on the US, and he questioned whether further negotiations would make any difference, accusing Trump of acting in “bad faith.” The two leaders eventually spoke Wednesday morning, an exchange Trump said ended in a “somewhat” friendly manner. A person familiar with the matter said the call grew heated and included profanity. Continue reading...

Politics