30 h. ago Nissan to axe 15% of global workforce and almost halve number of plants

Donald Trump’s trade war adds to challenges facing Japanese carmaker

Economics

4 d. ago How Trump’s trade war threw his and America’s toys out the pram

Parents have reacted with anger at his latest remarks

Politics

4 d. ago Federal Reserve official sees signs of slowing economy but not ready to cut rates

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

Politics

4 d. ago Two dolls instead of 30? Toys become the latest symbol of Trump's trade war

Toy dolls have become the latest rhetorical poster child for President Donald Trump's tariffs crusade

Politics

5 d. ago Trump floats cutting Chinese tariffs from 145% to 80% before weekend talks

Meeting aimed at de-escalating trade war after Chinese exports beat expectations despite slump in tradeDonald Trump has floated cutting tariffs on China from 145% to 80% before a weekend meeting as he looks to de-escalate the trade war.Top US officials are set to meet a high-level Chinese delegation this weekend in Switzerland in the first significant talks between the two nations since Trump sparked a trade war with stiff tariffs on imports. Continue reading...

Politics

5 d. ago Trump says talking to Fed boss Powell is like ‘talking to a wall’ in latest attack

Attack comes day after Federal Reserve announced it won’t be lowering interest rates

Politics

5 d. ago Trump unveils first deal since launching trade war with multi

Trump called the deal, which does lift the baseline 10 percent tariff, ‘comprehensive’

Politics

6 d. ago UK interest rates fall to 4.25% as Bank of England announces a quarter

Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war falloutExplainer: what does it mean for mortgages and savings?Analysis: mood-boosting rate cut is a fillip for Reeves but leaves future uncertainBusiness live – latest updatesBank of England policymakers have cut interest rates by a quarter point to 4.25% to cushion the UK economy against the impact of Donald Trump’s trade war.The widely expected move from the Bank’s monetary policy committee (MPC), its fourth cut since last August, also carried a warning that the UK economy would slow by a further 0.3% over the next two years in addition to dramatic cuts to its forecasts earlier this year. Continue reading...

Politics

6 d. ago AP PHOTOS: How a Chinese delicacy got caught in the crossfire of Trump's trade war

An escalating trade war with the U.S. is now crippling an entire industry that hand-harvests geoducks, leaving Washington state divers without work, Seattle exporters without business and Chinese aficionados with fewer of these prized clams.

Events

6 d. ago How a Chinese delicacy got caught in the crossfire of Trump's trade war

President Donald Trump’s trade war with China is crippling an entire industry that hand-harvests geoducks

Events

6 d. ago Trump ready to unveil 'major trade deal' with UK after launching tariff wars across the globe

Donald Trump is expected to announce a trade deal between the United States and the United Kingdom on Thursday.

Economics

6 d. ago Jerome Powell keeps interest rates the same — and ignores Trump

Powell maintains the Fed’s apolitical stance even amid president’s badgering, writes Eric Garcia

Politics

6 d. ago Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a rowThe Federal Reserve kept interest rates on hold and called out growing dangers in the US economy amid Donald Trump’s erratic rollout of an aggressive trade strategy.Jerome Powell, the US central bank’s chair, cautioned that the president’s tariffs are likely to lift prices, weaken growth and increase unemployment if maintained. Continue reading...

Events

6 d. ago Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

Events

8 d. ago China’s service sector hit by trade war; Ford predicts $1.5bn profit hit from Trump tariffs – business live

Rolling coverage of the latest economic and financial newsTrump’s foreign film tariffs could ‘wipe out’ UK movie industry, ministers toldAmerican children face paying higher prices for Barbie dolls due to the Trump tariffs on imports.Mattel, the toy manufacturing giant, revealed last night that it plan to raise prices on American toys due to tariffs, and is also looking to move some manufacturing out of China.Accelerating diversification of its supply chain and further reducing reliance on China-sourced product,Optimizing product sourcing and product mix, andWhere necessary, taking pricing action in its U.S. business.In an uncertain macro environment that has intensified due to the potential impact of tariffs, we are focused on what we can control.We are improving our supply chain agility, taking decisive cost actions to mitigate financial impact where possible, and ensuring we can continue to serve our customers and consumers. Continue reading...

Economics

8 d. ago European and UK companies lay bare the pain from Trump’s trade war

Executives warn about the challenges facing businesses and the destabilising effect of prolonged uncertainty

Politics

8 d. ago Companies are leaving more jobs unfilled as economic worries hit pause on corporate spending

Trump’s global trade war continues to cause concern about a potential recession

Economics

9 d. ago Bank of England poised to cut rates as fears grow over impact of Trump tariffs

Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go furtherThe Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s increasingly erratic global trade war.In the Bank’s first intervention since the US president’s “liberation day” tariff policy announcement sent shock waves through the world economy, Threadneedle Street is expected to reduce its key base rate from the current level of 4.5%. Continue reading...

Politics

9 d. ago Trump's trade demands go beyond tariffs to target perceived unfair practices

President Donald Trump's trade war isn't just about tariffs

Politics

1 week ago How the stock market made back all its losses after Trump escalated the trade war

It felt much longer, but the U_S_ stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”

Politics