5 h. ago ‘A fatal blow’: Italian producers fear effects of Trump’s ‘war against pasta’

US president’s threat to impose 92% tariffs targeting major manufacturers put family-run firms in the firing line as well“It’s a real pity,” laments Antonio Rummo of Donald Trump’s latest target in his ever-evolving tariff war: Italian pasta. Rummo is the sixth-generation grandson of the founder of Pasta Rummo, who opened a wheat mill in Benevento in southern Italy in 1846, using the family’s three horses to lug grain from the surrounding Campania region and Puglia to produce fresh pasta.“Demand for premium pasta in the US has been growing,” says Rummo. Appreciated by consumers for a traditional processing method that guarantees it will cook to al dente perfection, sales of Pasta Rummo have been thriving. Continue reading...

Events

6 h. ago The EU has a secret weapon to counter Trump’s economic bullying. It’s time to use it | Johnny Ryan

The anti-coercion instrument, or ‘trade bazooka’, is designed to shield against foreign pressure. It should have big tech in its crosshairs to protect European sovereigntyWill Brussels ever stand up to Donald Trump and US big tech? Its current lack of action is not just a legal or economic failure: it is a moral one. It throws into question the very foundation of Europe’s democratic identity. What is at stake is not merely the fate of Google or Meta, but the principle that Europe has the right to govern its own digital space according to its own laws. If the EU cannot enforce its own laws then it is a vassal to Washington and to Silicon Valley, with Trump as its overlord.First, let us recount how we got here. In late July the European Commission accepted a humiliating deal with Trump that locked in a permanent 15% tariff on EU exports to the US. Europe received nothing in return. The indignity was all the greater because the commission also agreed to give well over $1tn to the US by...

Politics

16 h. ago Gold price hits record high as people invest during global economic chaos

The precious metal has seen its biggest price explosion since the '70s rising by a third since April when US President Donald Trump announced tariffs which have disrupted global trade

Economics

20 h. ago IMF chief warns of economic uncertainty and offers this advice: 'Buckle up'

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last

Events

21 h. ago Trump pressure to hike UK drug prices could cost NHS billions, experts warn

Experts warn a new deal will only trigger further increased price demands and make healthcare in the UK more expensive

Events

23 h. ago NHS drug prices set to rise as Starmer to cave on Trump demands

The threat of Trump tariffs means that the UK will need to pay US pharmaceutical companies more money

Politics

25 h. ago NHS drugs prices set to rise as Starmer to cave on Trump demands

The threat of Trump tariffs means that the UK will need to pay US pharmaceutical companies more money

Politics

36 h. ago White House claims tariffs will keep food program for moms and babies running during shutdown – raising serious legal questions

Critical constitutional concerns emerge as the president subverts Congress to create his own tax and spending policies

Events

37 h. ago Hitting rock bottom: US liquor exports fall by 85% in Canada after Trump sparks tariff dispute

Spirit exports were down 9 percent in the second quarter of 2025, compared to the previous year

Politics

38 h. ago 'Kissing Trump's a**': President mocks Canada's obsequious PM as he begs for tariff relief

Carney met Trump seeking to ease US tariffs that are hitting Canada 's economy - and his popularity at home.

Politics

40 h. ago Trump says there is ‘natural conflict’ with Canada during Carney visit

US president offers few concessions on tariffs after durable alliance fractured by trade war and annexation threatsDonald Trump said there is “mutual love” but “natural conflict” between the US and Canada as he hailed progress towards a trade deal but offered few concrete concessions on steep US tariffs during a visit by the Canadian prime minister, Mark Carney.Carney’s second visit to the US comes as one of the world’s most durable and amicable alliances has been fractured by Trump’s trade war and annexation threats. Among the topics up for discussion are trade and the United States-Mexico-Canada Agreement (USMCA), which is critical to Canada’s economy and is up for review next year. Continue reading...

Politics

40 h. ago So Grinchy! Stores’ holiday discounts expected to be smaller than normal thanks to Trump’s tariffs

Americans stockpiling amidst looming tariffs has prevented discounts from growing any bigger

Politics

41 h. ago British steel facing ‘existential threat’ after EU hikes tariffs

Sir Keir Starmer said he is in talks with both the US and EU about the tariffs, which industry figures say is ‘the biggest crisis the UK steel industry has ever faced’

Events

42 h. ago British steel industry faces 'existential threat' as EU hikes tariffs to 50%

Move could be even more damaging than Donald Trump's tariffs as Europe accounts for more than three quarters of the UK's steel exports.

Events

43 h. ago EU plan to match Trump steel tariffs spurs ‘existential threat’ to UK steel industry

Alarm sounds over plan in Brussels to double import tariff to 50% with four-fifths of UK exports heading to EuropeThe EU has announced it will match Donald Trump’s steel tariffs, doubling levies on imports to 50% in a move condemned as “an existential threat” to the industry in the UK.With 80% of British exports going to the EU, the change poses the UK steel industry’s biggest ever crisis, according to the lobby group representing the sector. Continue reading...

Politics

63 h. ago Trump says US truck imports to face 25% tariff from November 1

Announcement comes on eve of talks in Washington with Canadian Prime Minister Mark Carney

Politics

65 h. ago Brazil’s president asks US to scrap tariffs in ‘friendly’ call with Trump

Presidents spoke on a video call as expert speculates that Haiti could be an area where the two leaders can cooperateBrazil’s president, Luiz Inácio Lula da Silva, has urged Donald Trump to scrap tariffs on his country’s imports and sanctions against its officials, as the two men held what the Brazilian presidency called a “friendly” video call, swapping phone numbers after months of friction.Ties between the US and Brazil have nosedived as a result of Trump’s campaign to pressure Brazilian authorities into abandoning the coup trial of his far-right ally, Jair Bolsonaro. Continue reading...

Politics

3 d. ago Aston Martin warns on profits amid US tariffs and seeks ‘proactive support’

Carmaker blames weaker demand on Trump policies amid supply chain pressures after Jaguar Land Rover cyber-attackBusiness live – latest updatesAston Martin has blamed Donald Trump’s tariffs for a profit warning, as the carmaker urged the UK government to offer more “proactive support”.The company, which manufactures its cars in factories in Warwickshire and south Wales, downgraded its profit outlook on Monday for the second time this year. It said that it now expects to make a larger loss than the £110m loss that was the lower end of its profit forecasts. Continue reading...

Events

3 d. ago Aston Martin shares slump again as it issues a new profit warning on tariff fallout

British luxury car maker points finger at UK government for not providing “proactive support” for manufacturers

Events

3 d. ago Billionaire beef baron warns US not producing enough to satisfy protein craze

JBS’s Wesley Batista says strong US demand is pushing country towards imports despite Trump’s tariffs

Events