7 h. ago Donald Trump accuses China of ‘totally violating’ tariffs deal with US in blow to moves to avoid trade war

Trade talks between Washington and Beijing were said to be a ‘bit stalled’

Economics

16 h. ago BoE policymaker plays down inflation risk in call for rate cuts

Alan Taylor says price rises are being driven by one-off factors as he stressed hit from Trump trade war

Events

21 h. ago Trump trade war: Tariffs back on as appeals court rules in president’s favor amid outbursts over ‘unelected’ judges

Appeals court pauses the Court of International Trade ruling on Trump’s tariffs while legal challenge plays out

Events

24 h. ago US appeals court gives temporary reprieve to Trump’s tariffs

Decision comes less than 24 hours after trade court ruled president’s global levies to be illegal

Politics

24 h. ago Trump trade war live: Tariffs back on as appeals court rules in president’s favor amid outbursts over ‘unelected’ judges

Appeals court pauses the Court of International Trade ruling on Trump’s tariffs while legal challenge plays out

Events

24 h. ago US appeals court temporarily pauses block on Trump’s tariffs

Decision comes less than 24 hours after trade court ruled president’s global levies to be illegal

Politics

24 h. ago US court temporarily reinstates Trump tariffs while administration appeals ruling blocking them – US politics live

US appeal judges grant administrative stay of trade court’s order blocking tariffsCan Trump get around the court ruling that blocks his tariffs?A federal judge will consider on whether to further block the Trump administration from revoking Harvard university’s ability to enroll international students (see post at 10.38 for more details).At a hearing in Boston, US district judge Allison Burroughs will weigh whether to extend a temporary order she issued last Friday that blocked the US department of homeland security from carrying out the revocation it issued a day earlier. Continue reading...

Politics

28 h. ago Trump officials to ask supreme court to halt bid by ‘activist judges’ to block tariffs

Administration intends to ask top court to immediately pause trade court’s ruling that tariffs regime was illegalQ&A: Why has a US court blocked Donald Trump’s tariffs – and can he get round it?US politics live – latest updatesThe Trump administration intends to ask the US supreme court to immediately pause what it characterised as a bid by “activist judges” to block Donald Trump’s sweeping tariffs.A US trade court ruled the US president’s tariffs regime was illegal on Wednesdaya dramatic twist that could block Trump’s controversial global trade policy. Continue reading...

Politics

28 h. ago The trade court’s Trump tariff decision is a ‘deeply American problem’ – with enormous global implications

Experts warned the court decision will not necessarily provide any relief to countries hoping for lower tariffs or even trading uncertainty with the US, Rachel Clun reports

Politics

29 h. ago The trade court’s Trump tariff decision is a ‘deeply American problem’

Experts warned the court decision will not necessarily provide any relief to countries hoping for lower tariffs or even trading uncertainty with the US, Rachel Clun reports

Politics

41 h. ago Donald Trump goes on unhinged rant after being called 'chicken' over trade war

The US president was asked about the new acronym that's been coined to mock his trade policies amid high tariff rates on other nations, but he was not impressed

Politics

62 h. ago ‘Nonsense and stupid’: Trump’s tariff war will cause global damage, says Grosvenor boss

Policy will eventually right itself, adds Mark Preston, who heads Duke of Westminster’s property groupDonald Trump’s global tariff trade war is “nonsense and stupid” and will damage every country in the world, including the US, the boss of one of Britain’s most powerful property companies has said.Mark Preston, chief executive of the 348-year-old Grosvenor Group, controlled by the Duke of Westminster, said he was “convinced” that the president’s sweeping tariff policies would ultimately be removed. Continue reading...

Events

63 h. ago Trump’s tariff war will cause global damage, says Grosvenor boss

‘Nonsense’ policy will eventually right itself, adds Mark Preston, who heads Duke of Westminster’s property groupDonald Trump’s global tariff trade war is “nonsense and stupid” and will damage every country in the world, including the US, the boss of one of Britain’s most powerful property companies has said.Mark Preston, chief executive of the 348-year-old Grosvenor Group, controlled by the Duke of Westminster, said he was “convinced” that the president’s sweeping tariff policies would ultimately be removed. Continue reading...

Events

3 d. ago King Charles fires warning shot to Donald Trump amid Canada threats

King Charles has delivered a historic speech at the state opening of parliament in Canada amid the country receiving unwanted attention from Donald Trump, who has launched a trade war against his neighbour and made threats to annex the country as America’s 51st state

Events

3 d. ago IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – as it happened

Rolling coverage of the latest economic and financial news, as IMF releases latest healthcheck on UK economyRachel Reeves should ease fiscal rules to prevent emergency spending cuts, IMF saysEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record ...

Economics

3 d. ago IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial news, as IMF releases latest healthcheck on UK economyRachel Reeves should ease fiscal rules to prevent emergency spending cuts, IMF saysEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record ...

Economics

3 d. ago Trump’s trade war endangering US supply of Orthodox Jewish hats from 140

A Spanish hatmaker has said higher EU tariffs would be "dramatic" for their business

Politics

3 d. ago UK retail confidence plummets as sales fall; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial newsEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record high reached in February. More positive vibes are pulsing about the outlook for the global economy, with hopes that more scores can b...

Economics

3 d. ago Tesla sales halve in Europe; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial newsEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsStocks have jumped in London as trading resumes after the Bank Holiday weekend.City investors are relieved that Donald Trump has delayed his threatened hike on EU tariffs to 50% until July, cooling trade war fears. Continue reading...

Economics

4 d. ago EU hopes for speedy deal to resolve US trade war after Trump delays 50% tariffs

European leaders call for ‘lowest possible’ border taxes after levies postponed from 1 June to 9 JulyEU leaders have expressed hopes of a speedy deal to resolve the trade war with the US after Donald Trump announced he was delaying his threatened 50% tariffs for the bloc until 9 July.The US president said on Sunday that he would pause the border tax due to be imposed on 1 June, which he had only announced two days earlier, after what he called a “very nice call” with the head of the EU executive, Ursula von der Leyen. Continue reading...

Economics