1 week ago Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline. Continue reading...

Events

2 w. ago Trump hints at new tariffs for major industry that could send Wall Street reeling as he rips into China

DAILYMAIL.COM LIVE BLOG: President Donald Trump is hinting that new tariffs on a massive industry that could soon go into effect as he rips into China.

Politics

2 w. ago Donald Trump's tariff wars feared to send Adidas Samba prices soaring in UK

Adidas Sambas trainers are set to increase after President Trump's brand new tariffs regulations where some of Brits favourite trainers are set to rise as the UK take a hit

Politics

2 w. ago Reeves faces crisis as Trump’s tariffs send cost of government borrowing soaring in blow to her Budget plans

The trade war escalated with China hitting back by imposing 84% levies on imports from the US

Politics

3 w. ago Seesaw day ends with Dow down as Trump’s tariff reports send stock markets on wild swings

Claims that Kevin Hassett said Donald Trump is considering a 90-day pause on tariffs are ‘fake news’

Politics

3 w. ago Trump tariffs send shockwaves through Swiss chocolate industry ahead of Easter

Your favourite chocolate bar could become a lot more expensive

Politics

3 w. ago Donald Trump warns 'don't be weak and stupid' as tariffs send stock markets into freefall

Donald Trump remained defiant on Monday despite plunging markets as he insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing

Events

3 w. ago Black Monday fears as Trump's tariffs send Asian stocks plummeting and US President says 'medicine' is needed

Billionaire fund manager and Trump supporter Bill Ackman has warned the tariffs could spark an ‘economic nuclear winter’

Politics

3 w. ago US economy adds 228,000 jobs in March ahead of Trump’s trade war

Comes as Trump’s announcement of tariffs send the market into free fall

Politics

3 w. ago Stocks tumble on Wall Street as Donald Trump’s sweeping tariffs send shockwaves through global markets – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy, as US dollar falls to six month low after US President Trump’s ‘liberation day’Full report: Trump announces sweeping new tariffsAnalysis: Trump’s tariffs likely to raise prices and cause chaosWhat are tariffs and why do they matter?The new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

3 w. ago London’s FTSE tumbles after Trump’s tariffs send shockwaves through markets

The FTSE 100 Index fell 122.4 points in the first few minutes of trading.

Politics

3 w. ago Trump’s tariffs on ‘Liberation Day’ send Asia markets tumbling as world reacts: Live updates

President reveals next phase of sweeping tariffs agenda; global markets fear escalating trade war

Politics

3 w. ago Easter holiday warning as Canary Islands hotel workers threaten to strike

Hospitality workers within the hotel industry are planning to walk out over the Easter weekend

Events

4 w. ago Trumpism is sinking democratic values. It’s Starmer’s job to steer the UK back to safety | Polly Toynbee

US tariffs hit this week just as other costs start to bite in Britain. To meet these challenges, Labour will finally have to changeThe prime minister may pretend to “like and respect” Donald Trump, but elsewhere in parliament anti-Americanism is running hot. In a Lords debate on obesity last week, Labour’s Lord Brooke suggested imposing 25% tariffs on “American products which are causing us difficulties – Coca-Cola, Pepsi, KFC, McDonald’s”. The government replied that the US is an “indispensable ally”. That craven attitude may be politic today – right until it fails tomorrow.The outlook for Britain and other countries is bleak. Wednesday is “liberation day”, when Trump’s tariffs will hit a range of goods likely to send global economies tumbling. There is near-zero expectation that Britain’s genuflections will save us from the same punishment as the rest. As for Trump demanding no VAT on US imports to the UK, that’s extorting with menaces a benefit denied to our own producers. Even i...

Politics