4 h. ago Trump’s tariffs replace diplomacy as other US tools of statecraft are discarded

Measures meant to rebalance America’s economy are wielded instead against the likes of Canada, India and Brazil ‘to compel loyalty to the president’On the campaign trail, Donald Trump pledged to use tariffs to revitalise American industry, bringing jobs home and helping to make America great again. But more than six months into his administration, experts say the president’s trade war is increasingly being wielded as a political cudgel, in lieu of more traditional forms of diplomacy.The president’s current target, India, has been unable to reach a trade agreement and Trump appears ready to follow through with his threat to impose a further 25% tariff on Delhi – bringing the total to 50% – the joint highest levy on any country, along with Brazil. Continue reading...

Politics

8 h. ago One in three businesses says they plan to raise prices as Trump’s tariffs begin and inflation grows

‘There are so many unknowns that it’s nearly impossible to predict what the next few weeks will look like,’ analyst says

Economics

14 h. ago Home Depot becomes the latest company to raise their prices due to Trump’s tariffs

CFO Richard McPhail warns of ‘modest price movement’ to mitigate ‘significantly higher’ import taxes

Politics

21 h. ago Putin calls Brics allies to debrief them on his Trump summit

Putin briefs Brics partners amid rising trade tensions due to Trump’s tariffs

Politics

36 h. ago The Guardian view on food and farming: climate chaos hits crops hard – and that should worry everyone | Editorial

Last year’s floods have been followed by heatwaves. Ministers must throw their weight behind resilient, adaptable agricultureBritish farmers are, of course, not the only people who are suffering from the effects of this summer’s heatwaves. Across Europe and the Middle East, record-breaking temperatures are threatening lives as well as livelihoods. France has experienced its largest wildfire since 1949, while across Europe an estimated 500,000 hectares of land have burned.But farmers are particularly vulnerable to extreme weather, which has a direct impact on crop yields. So reports of a second consecutive year in which food growers in parts of the UK are seeing dramatic falls in production should concern the British public. Access to food is frequently taken for granted in the world’s wealthiest nations. But increased food insecurity is among the dangerous effects of the climate crisis, as well as being worsened by Trump’s tariffs, and geopolitical instability including the war in U...

Events

45 h. ago Trump’s promise of a US manufacturing renaissance leaves experts scratching their heads

Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration officials say. Outside the White House, many economists are skeptical.Global trade experts point to many reasons they believe the president’s tariffs will fail to bring about a major resurgence of manufacturing, among them: Trump’s erratic, constantly changing policies, his unfocused, across-the-board tariffs, and his replacing Joe Biden’s carrot-and-sticks approach to brandish sticks at the world. Continue reading...

Politics

45 h. ago Trump is promising a US manufacturing renaissance. Many experts are dubious

Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration officials say. Outside the White House, many economists are skeptical.Global trade experts point to many reasons they believe the president’s tariffs will fail to bring about a major resurgence of manufacturing, among them: Trump’s erratic, constantly changing policies, his unfocused, across-the-board tariffs, and his replacing Joe Biden’s carrot-and-stick approach to brandish sticks at the world. Continue reading...

Politics

63 h. ago Voices: Pricing people out of using Mounjaro would be bad news for the NHS

The astronomical rise in weight-loss drug prices caused by Trump’s tariffs could have a significant – and dangerous – impact on Britain’s pharmacies and patients, writes Leyla Hannbeck, CEO of the Independent Pharmacies Association

Politics

69 h. ago The ugly truth: have Trump’s tariffs finally put an end to Crocs’ 19

The Guardian’s Crocs correspondent traces the highs and lows of the rubbery perforated clogs that divide opinionI’ve been the Guardian’s Crocs correspondent for 19 years now, and get wheeled out for highs and lows. This is a definite low for the rubbery perforated clogs: the share price is down nearly 30% – its lowest level for three years – and revenues are expected to drop by between 9% and 11% in the current quarter.To blame? Donald Trump mostly, and his tariffs. It’s not the first time Crocs have suffered at the hands – or feet – of a Republican US president, as it happens. Continue reading...

Politics

2 d. ago Donald Trump branded a ‘baby with a hand grenade in shop specialising in glass’

The unflattering description of the US President from Neil Kinnock came as the ex-Labour leader hit out at the Mr Trump's 'completely inexcusable' global tariff policy.

Politics

3 d. ago Trump hiked tariffs on US imports. Now he’s looking at exports – sparking fears of ‘dangerous precedent’

Experts warn of destabilized trading relations after White House strikes deal with Nvidia to take a 15% cut of certain AI chip sales to Chinese companiesApple CEO Tim Cook visited the White House bearing an unusual gift. “This box was made in California,” Cook reassured his audience in the Oval Office this month, as he took off the lid.Inside was a glass plaque, engraved for its recipient, and a slab for the plaque to sit on. “The base was made in Utah, and is 24-karat gold,” said Cook. Continue reading...

Politics

3 d. ago Trump rows back threat of ‘secondary tariffs’ against India and China after Putin summit

US president had promised to increase economic pressure on Russia by targeting buyers of its crude oil

Politics

3 d. ago Trump’s cold brew: New York coffee shops warn of higher prices amid steep tariffs

As US cafes come under pressure, major coffee-producing countries like Brazil, Vietnam and Colombia are also bracing for disruptionThe Trump administration has targeted Brazil with steep US tariffs of 50%. Coffee shops in the heart of New York are bracing for impact.When the Trump administration announced another wave of sweeping tariffs, particularly on Brazil, Stone Street Cafe’s managing partner was first confused. Then came fear. A cafe already runs on slim margins and extra costs passed on from tariffs could risk everything. Continue reading...

Events

4 d. ago When Trump tariffs hit French barrels and corks, California’s winemakers feel the squeeze

Small California producers say Trump’s EU levies are driving up costs and threatening family businessesKory Burke, a small producer of high-quality wines in central California, never believed that tariffs on imports from France or Italy could help boost his business. But he knew for sure they would be a big hindrance as soon as Donald Trump announced late last month that he was slapping a 15% levy on all goods from the European Union.“The first email I received was from my cork provider,” Burke recalled. “He said he’d take on 2% of the additional cost of importing corks from Europe, but I would have to absorb the other 13%. Then my barrel supplier got in touch, pushing me to put in my orders as fast as possible because every new French barrel coming across the Atlantic after the tariffs was going to come with a $100 or $150 fee.” Continue reading...

Politics

4 d. ago Chinese economy slows as Trump tariffs bite; FTSE 100 on track to hit new record

Rolling coverage of the latest economic and financial newsThe owner of Kingsmill has agreed to buy its rival bakery business Hovis, in a deal that could make the biggest bread brand in the country if it gets the green light from regulators.Associated British Foods, a FTSE 100 company which also owns the retailer Primark, has agreed to buy Hovis from the private equity firm Endless.This transaction will create a UK bakeries business that is both profitable and sustainable over the long term. Supporting the Hovis and Kingsmill brands with well-invested and efficient operations will also enable innovation and growth. This solution will create value for shareholders, provide greater choice for consumers and increase efficiencies for customers.Firms may be running on existing capacity rather than building new plants The July industrial value-add breakdown tells a more nuanced story than the weak fixed asset investment headline. Continue reading...

Politics

5 d. ago Opponents of Trump’s tariffs should be wary of relying on the courts

Judicial limits on the executive today will bind the hands of future presidents tomorrow

Events

5 d. ago Canada is boycotting US alcohol over Trump’s policies. It will leave American companies’ bottom lines dry

Distilled Spirits Council estimates American liquor sales to northern neighbor have plummeted 62 percent year-on-year in the first six months of 2025

Politics

5 d. ago U.S. producer prices surge in July as Trump tariffs push costs higher

U.S. wholesale inflation surged unexpectedly last month as President Donald Trump’s sweeping taxes on imports are pushing costs higher

Economics

6 d. ago With tariffs, a DC takeover, and Putin summit, Trump is now fully unleashed. And the world’s tolerance for pain put to the test

Wall Street, his own cabinet and numerous civic guardrails stopped Trump from indulging in his own impulses in the first term. Now, Eric Garcia writes, he feels he can do whatever he wants

Politics

6 d. ago Trump’s approval ratings drop with Republicans as he deals with Epstein fallout and tariff concerns

President’s approval rating with right-leaning Americans has dropped on issues including personal trust and the economy

Politics