3 d. ago Trump is ‘making it up as he goes,’ hurting US and allies, charges Wall Street Journal

Whose side is he on, wonders editorial

Politics

3 d. ago Trump is ‘making it up as he goes’ on tariffs, hurting US and allies, charges Wall Street Journal

Whose side is he on, wonders editorial

Politics

6 d. ago Microsoft halts $1 BILLION project amid rising costs from Trump's tariffs

Microsoft backtracked on its plans to invest $1billion in an Ohio project, as analysts warn Trump's tariffs on tech equipment suppliers could hurt efforts to build AI infrastructure in the U.S.

Economics

7 d. ago Spare a thought for the poor billionaires who backed Trump — and hate tariffs | Marina Hyde

As the great American self-own rages on, the super-rich are beginning to break rank. Meanwhile, Elon Musk’s gone suspiciously quietTrade Wars, Episode V: The Empire Shoots Itself in the Foot. As the world financial markets fail to appreciate his genius, tariff-excreting president Donald Trump has explained it all away by stating that “sometimes you have to take medicine”. Why am I reminded of the bit in Covid where he appeared to suggest that disinfectant could helpfully be injected into the lungs? I guess that was just science, same as this tariffs plan is just economics.Even so, can it really still be less than a week since a Wall Street Journal poll found 77% of US Republicans thought tariffs would have a positive impact? Ah well. Famously, the American people have a great tolerance for pain. If only one of their kindly gazillionare firms could come up with some sort of financial opioid epidemic to take the edge off the coming agonies.Marina Hyde is a Guardian columnist Continue ...

Politics

1 week ago ALEX BRUMMER: Donald Trump's Liberation Day leaves its scars

The Wall Street Journal compares 'Liberation Day' to Richard Nixon's decision to blow up the Bretton Woods system of fixed exchange rates in 1971. The Economist calls it 'Ruination Day'.

Politics

1 week ago Trump’s tariffs cannot stop clean energy revolution – but they will hurt American businesses

US is no longer central to the international clean tech trade

Politics

1 week ago Trump is considering sending migrants to RWANDA eight months after Keir Starmer shelved similar Tory deal with the African nation

The East African nation is said to be among several locations being considered by Washington to host migrants, according to anonymous administration officials cited in a Wall Street Journal report

Politics

2 w. ago Global cost of Trump trade war ‘could reach $1.4tn’; tariff fears hurt UK factories – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

2 w. ago US cities located in states won by Trump would be most hurt by Canadian tariffs, an analysis finds

A new analysis finds the U.S. cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House

Politics

3 w. ago Airlines Battle to Recover After London Heathrow’s Day in the Dark

Airlines Battle to Recover After London Heathrow’s Day in the Dark  The Wall Street Journal

Society

3 w. ago Heathrow Airport Shut Down by Power Outage, Snarling International Travel

Heathrow Airport Shut Down by Power Outage, Snarling International Travel  The Wall Street Journal

Society

3 w. ago ‘Livid’ Rupert Murdoch reportedly ‘berated’ Wall Street Journal editor for article promoting former CNN reporter’s newsletter

Rupert Murdoch was apparently outraged that the newspaper he owns published a piece that touted the success of a newsletter recently launched by former CNN media reporter Oliver Darcy, a longtime critic of Murdoch and Fox News

Politics