3 d. ago Trump’s 100% film tariffs to send ‘shock waves’ through global industry – US politics live

US president announces move, citing ‘national security threat’ to US film sectorMeanwhile, Germany has said it “strongly rejects” criticism by US Secretary of State Marco Rubio of its domestic spy agency’s decision to label the far-right AfD party as an extremist group.“I reiterate that the insinuations contained (in his comments) are certainly unfounded,” foreign ministry spokesman Sebastian Fischer said.This is democracy. This decision is the result of a thorough & independent investigation to protect our Constitution & the rule of law. It is independent courts that will have the final say. We have learnt from our history that rightwing extremism needs to be stopped.”The UK is a world leader in film and TV production, employing thousands of talented workers, and this is a key growth sector in the government’s industrial strategy,” she said.“These tariffs, coming after Covid and the recent slowdown, could deal a knock-out blow to an industry that is only just recovering and...

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3 w. ago Trump tariff war to slash North American exports by 13%, warns WTO

Ngozi Okonjo-Iweala says US-China trade conflict could ‘force countries to choose’ between the two

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3 w. 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

3 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

3 w. ago Rightwing populists will keep winning until we grasp this truth about human nature | George Monbiot

Economic inequality breeds resentment and a desire to get even. That’s what fuels support for even incompetent regimes“He’s really gone and done it this time. Now everyone can see what a disaster he is.” How many times have we heard this about Donald Trump? And how many times has it been proved wrong? Well, maybe this time he really has overstepped. After all, his clowning around with tariffs, sparking trade wars, then suddenly reversing his position, could provoke a global recession, perhaps even a depression. Surely his supporters will disown him? But I’m not banking on it, and this is why.Already, Trump has waged war on everything that builds prosperity and wellbeing: democracy, healthy ecosystems, education, healthcare, science, the arts. Yet, amid the wreckage, and despite some slippage, his approval ratings still hold between 43 and 48%: far higher than those of many other leaders. Why? I believe part of the answer lies in a fundamental aspect of our humanity: the urge to dest...

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3 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

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4 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

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