29 h. 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

44 h. 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

63 h. 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

64 h. 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

64 h. 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

67 h. ago Trump condemns the world to a financial 'nuclear winter': FTSE plummets to lowest level in a year, cryptocurrency joins the plunge as defiant President insists world must take his 'medicine'

The FTSE 100 was again whacked today by the fallout from the president's astonishing move to hike import taxes on goods entering the US, hitting its lowest lowest level in a year.

Politics

69 h. ago FTSE plummets to lowest level in a year as Trump says the world must take his 'medicine' and Asian markets are hit by worldwide financial chaos

The FTSE 100 slumped more than 6 per cent after opening at 8am, having seen its worst day since the pandemic on Friday.

Events

2 d. ago FTSE shares plummet on opening as Trump says the world must take his 'medicine' and Asian markets are hit by worldwide financial chaos

The FTSE 100 slumped more than 6 per cent after opening at 8am, having seen its worst day since the pandemic on Friday.

Events

6 d. ago Britain braces for Trump trade war as list of US products that could be hit with retaliatory tariffs is released

Business Secretary Jonathan Reynolds says: ‘We will seek the views of UK stakeholders...on products that could potentially be included in any UK tariff response’

Events

7 d. 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

7 d. 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

7 d. 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

7 d. 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

7 d. 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

8 d. 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

8 d. 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

8 d. 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

8 d. 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

9 d. ago Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears

President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade warAs Donald Trump prepared to unveil a swathe of reciprocal tariffs, global markets braced and some Republican senators voiced their opposition to a strategy that critics warn risks a global trade war, provoking retaliation by major trading partners such as China, Canada and the European Union.The US president said on Monday he would be “very kind” to trading partners when he unveils further tariffs this week, potentially as early as Tuesday night. Continue reading...

Politics