6 d. ago Chinese city launches bizarre toilet 'counterattack' against Donald Trump after tariff row

Chinese people are staging a dirty protest against Donald Trump by flocking to the shops to buy a US President-themed toilet brush in massive numbers amid the tariff war

Politics

1 week ago ‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed

Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the rightWhile Donald Trump recently instituted and paused hefty tariffs, sparking a trade war and chaos in financial markets, most of the country’s conservative media either applauded the US president or critiqued the policy but not the person behind it, according to journalists and observers of conservative media.Meanwhile, economists, business leaders, Democrats and even some Republicans warned that the tariffs, which prompted the largest American stock market drop since the start of the Covid-19 pandemic, could cause a recession. Continue reading...

Politics

2 w. ago The UK city set to be hardest hit by Trump's tariffs has been revealed: Is YOURS on the list?

The British cities expected to take the hardest hit from Trump's levies are manufacturing heartlands, whose economies are based around industry.

Politics

2 w. ago As Trump ignites tariff war, a US city is embracing Canadians with all its heart

An estimated 300,000 Canadians visit Palm Springs each year and Trump’s levies threaten tourism in the regionWorried that Donald Trump’s policies are scaring away Canadians, a key segment of their tourist industry, a California resort city has put up “Palm Springs Loves Canada” signs across its downtown.“It was a gesture to let our Canadian visitors know that what happens in Washington DC, is not the way that Palm Springs is looking at Canada,” Ron deHarte, the city’s mayor, said of the signs, which were installed on Friday. Continue reading...

Politics

2 w. ago Trump tariffs will have little impact on London's services based economy says report

Only 3% of London exports are goods heading for the newly protectionist US

Politics

2 w. ago Roller coaster US stock markets fall heavily again amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Economics

2 w. ago Roller coaster US stock markets bounce back amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Politics

2 w. ago Roller coaster US stock markets follow London with heavy falls amid tariff chaos

Latest falls on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Economics

3 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

3 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

3 w. ago Donald Trump unveils 'Liberation Day' tariffs plan as world braces itself for chaos

Orange Manbaby and president of the United States, Donald Trump has set the tone for his very own 'Liberation Day' with a celebratory post on his Truth Social platform

Politics

3 w. ago Trump tariffs latest: City braces for ‘Liberation Day’ trade war chaos amid fears over 25,000 UK job losses

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ today

Events

3 w. ago Trump tariffs latest: City braces for trade war chaos as Europe markets open down on ‘Liberation Day’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ today

Events

3 w. ago Trump tariffs latest: City braces for trade war chaos after Asian markets plummet on ‘Liberation Day’

Donald Trump to unveil sweeping tariffs on any country that ‘treats the US unfairly’ today

Events

3 w. ago Britain braced for worst from Donald Trump’s ‘Liberation Day’ trade war

White House crusade against imports could cost £1.1 trillion worldwide and 25,000 jobs in Britain alone, experts warn

Politics

3 w. ago Trump live updates: Fears mount as stock markets brace for president’s ‘liberation day’ tariffs announcement

Trump prepares sweeping round of reciprocal tariffs that threatens to trigger U.S. recession and global trade war, as Speaker Mike Johnson says, ‘You have to trust the president’s instincts on the economy’

Politics

3 w. ago Impact of tariffs laid bare on eve of ‘significant day in history of the world’

Ireland and European leaders are braced for US President Donald Trump’s ‘Liberation Day’ for the US economy.

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

3 w. ago Gold at record high as markets brace for Trump tariffs ‘to affect every country’ – 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