1 week ago Trump excludes smartphones from reciprocal tariffs after market rout

Exemption is first sign of softening of levies against China and provides a huge boost for Apple

Politics

1 week ago Trump exempts smartphones from reciprocal tariffs after market rout

Dispensation is first sign of softening of levies against China and provides a big boost for Apple

Politics

1 week ago China says Trump’s trade war ‘will end in failure’, as Beijing’s tariffs take effect

China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep reciprocal tariffs elsewhereBusiness live – latest updatesChina says Donald Trump’s trade war with Beijing “will end in failure” for Washington, hours after the US president announced he would be increasing his tariffs on the country’s imports to 125%.China’s own 84% tariffs on US imports came into effect on Thursday amid an escalating trade war between the world’s two biggest economies. Continue reading...

Events

2 w. ago Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession

Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plungeTed Cruz, the US senator from Texas, has warned that his fellow Republicans risk a “bloodbath” in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs cause a recession.Cruz also warned that the president’s tariffs, if they stay in place for long and are met by global retaliation on American goods, could trigger a full-blown trade war that “would destroy jobs here at home, and do real damage to the US economy”. Continue reading...

Events

2 w. ago Trump declares tariffs are ‘going very well’ despite $3 trillion Wall Street rout and fears over global recession: Live

President Trump’s comments come amid U.S. markets suffering their steepest declines since 2020

Economics

2 w. ago Trump live: ‘Liberation Day’ tariffs wipe $3.1 trillion from Wall Street as analysts warn of global recession

President Trump says his tariffs are ‘going very well’ despite U.S. markets suffering their steepest declines since 2020

Events

2 w. ago Trump live: Markets see worst day since Covid after new tariffs as president teases $5m gold card featuring his face

President Trump imposes blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Trump tariffs live: President teases $5m gold card for US entry which features his own face on day that stocks plunge globally

President Trump imposes blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Trump live updates: President says tariffs rollout ‘going very well’ despite plunging stock market

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Trump live updates: New tariffs cause global stock markets to plunge with U.S. allies expected to retaliate

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Trump tariff reaction live: Dow Jones plunges at market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Trump tariff reaction live: Wall Street braces for stock market open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Trump tariff reaction live: Wall Street braces for stock markets open after overnight sell

President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest

Politics

2 w. ago Tariffs live: Trump announces which countries will be hit as UK and Europe brace for ‘Liberation Day’ trade war

US allies among those expecting new trade duties as American stock markets rebound

Events

2 w. ago Tariffs live: Trump set to announce which countries will be hit as UK and Europe brace for ‘Liberation Day’ trade war

US allies among those expecting new trade duties as American stock markets rebound

Events

2 w. ago Trump tariffs latest: World on edge as Donald Trump prepares to unveil sweeping tariffs on global trade

President’s ‘Liberation Day’ announcement is expected to undo trade arrangements that have been in place since 1947

Politics

3 w. ago Trump tariffs latest: Starmer insists UK ‘ruling nothing out’ as president prepares to spark global trade war

Prime minister insists US trade war in ‘nobody’s interest’ as Donald Trump prepares to unveil sweeping tariffs later today

Politics

3 w. ago Trump tariffs latest: Starmer insists UK ‘prepared for all eventualities’ as fears over trade war grow

Prime minister insists US trade war in ‘nobody’s interest’ as Donald Trump prepares to unveil sweeping tariffs later today

Politics

3 w. ago Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – 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

3 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