3 d. ago UK energy and steel to be classed as ‘nationally important’ in procurement shift

Public sector buyers would be able to avoid normal requirements to consider overseas bidders and instead give priority to domestic firms.

Politics

4 d. ago Bank of England governor Andrew Bailey warns Trump trade wars are creating unpredictability; UK restricts steel imports – as it happened

Bailey says the BoE doesn’t know how trade wars will play out, as UK brings in new restrictions on steel imports Oil prices sink after Iranian strike on US airbase reduces fears of market disruptionTravel and leisure stocks across Europe are rallying too.This has pushed up the STOXX Europe travel and leisure index by 4.1% in early trading, which Reuters reports it the biggest one-day jump since 10 April. Continue reading...

Events

4 d. ago Bank of England governor Andrew Bailey warns Trump trade wars are creating unpredictability; UK restricts steel imports – business live

Oil has fallen to its lowest level since June’s conflict began, while stock markets have jumped across Asia and EuropeOil prices sink after Iranian strike on US airbase reduces fears of market disruptionTravel and leisure stocks across Europe are rallying too.This has pushed up the STOXX Europe travel and leisure index by 4.1% in early trading, which Reuters reports it the biggest one-day jump since 10 April. Continue reading...

Events

9 d. ago Canada imposes tariffs on steel and aluminium to curb imports

Ottawa places 100% levies on non-US shipments as it looks to protect jobs

Politics

1 week ago US and UK announce a trade deal, but steel imports are still being negotiated

U.S. President Donald Trump and British Prime Minister Keir Starmer say they have signed a trade deal that will slash tariffs on U.K. auto and aerospace industry imports, but they are still discussing how to handle steel production

Economics

2 w. ago Tuna, beans, Spam: Trump’s tariffs threaten the canned foods millions rely on to survive

The US president vowed to cut food costs, but experts warn metal tariffs may raise prices in a matter of monthsCanned foods make up a big part of 20-year-old Cale Johnson’s diet: tuna, corned beef hash, beans, chicken soup, Spam and fruit. They’re affordable and have a long shelf life, which is essential for many people in the US like Johnson, who earns a low income and works two part-time jobs in addition to being a full-time student in Omaha, Nebraska.In the days after Donald Trump’s recent decision to double tariffs on steel and aluminum, Johnson says he’s worried. Continue reading...

Events

2 w. ago Trump tariffs could ‘wipe out’ European steel sector, senior industry figure says

ThyssenKrupp executive warns of ‘collateral damage’ to supply chains and urges protective action on energy pricingEurope’s steel industry faces being “wiped out” in the face of Donald Trump’s prohibitive 50% tariffs, high energy costs and a mountain of cheaper Chinese steel, one of Germany’s biggest industrial groups has warned.Ilse Henne, a board member at the steel, engineering and chemicals group ThyssenKrupp, said the industry faced an existential crisis after the US president’s decision last week to double tariffs on steel and aluminium imports from 25% to 50%. Continue reading...

Politics

3 w. ago EU hit by surge in steel imports as US tariffs divert shipments

Industry calls for Brussels to take urgent action with deliveries of some products increasing by more than 1,000 per cent

Events

3 w. ago Starmer admits finalising his US trade deal could take WEEKS after Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Economics

3 w. ago Relief as Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Politics

3 w. ago Trump’s 50% tariffs on foreign steel and aluminum come into effect

Trading partners around the world express anger including Mexico which buys more steel out of the US than it sends the other wayThe US has doubled tariffs on foreign steel and aluminum imports to 50%, pressing ahead in the face of criticism from key trading partners with a measure that Donald Trump says is intended to revive the American industry.After imposing and rapidly lifting tariffs on much of the world, only to reduce them, Trump last week refocused on the global steel and aluminum markets – and the dominance of China. Continue reading...

Politics

3 w. ago British industry exempted from Trump’s doubling of steel tariffs

But UK bosses are pressing Sir Keir Starmer for a rapid implementation of the trade deal agreed with the president

Politics

3 w. ago Trade secretary Jonathan Reynolds to push for exemption on steel tariffs in crunch meeting with US officials

The UK struck a deal with Washington for import taxes on its steel to be removed weeks ago, but its implementation has not been finalised

Politics

4 w. ago Spike in steel tariffs could imperil Trump promise of lower grocery prices

President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles

Politics

4 w. ago Trump's doubling of steel tariffs to 50 per cent 'would be body blow to British industry'

The US President met with workers at a steel plant in Pittsburgh, Pennsylvania , on Friday night and said he would be doubling tariffs on imports from 25 per cent to 'further secure' the industry.

Politics

4 w. ago Trade Secretary to meet US counterpart in bid to secure steel tariff exemption

The UK struck a deal with Washington for import taxes on its steel to be removed weeks ago, but its implementation has not been finalised.

Politics

4 w. ago MIKEY SMITH: 7 wild and unhinged Donald Trump moments as he makes shocking comment about Joe Biden's cancer

As we bid farewell to Elon Musk as a semi-on the books government employee, Trump managed to offend cancer sufferers and double steel tariffs all while failing to rule out a pardon for Diddy. Just another quiet day in Trump world

Politics

4 w. ago Trump says he will double steel and aluminium tariffs to 50%

US president escalates global trade war two days after a court ruled against the legality of his levies

Politics

4 w. ago Trump says he will double tariffs on US steel imports to 50%

US president escalates global trade war days after a court ruled some of his levies illegal

Politics

4 w. ago Trump DOUBLES tariffs on steel imports as he pledges to turn the Rust Belt into the 'Golden Belt' during Pittsburgh appearance

Donald Trump announced he was doubling tariffs on steel imports during an appearance Friday afternoon in Pittsburgh to tout a steel deal between U.S. Steel and Japan's Nippon.

Politics