5 h. ago Trump – live updates: US strikes trade deal with China as tariffs slashed for 90 days

Tariffs will drop 115 percent after weeks of escalation, U.S. Treasury Secretary Scott Bessent said

Economics

5 h. ago US and China agree deal to slash tariffs for 90 days in bid to end massive trade war

US Treasury Secretary Scott Bessent says reciprocal tariffs will come down over 100 percentage points to 10%

Economics

5 h. ago Trump live: US strikes trade deal with China as tariffs slashed for 90 days

Tariffs will drop 115 percent after weeks of escalation, U.S. Treasury Secretary Scott Bessent said

Economics

6 h. ago US Trade Representative Greer says US and China to roll back most tariffs

U.S. and Chinese officials say they have reached a deal to roll back most of their recent tariffs for 90 days and keep talking to resolve their trade disputes

Politics

6 h. ago Trade war breakthrough as US and China agree to slash tariffs by 115% for 90 days

Speaking in Geneva, US Treasury Secretary Scott Bessent said both countries would slash their reciprocal tariffs by 115 per cent for 90 days.

Events

6 h. ago US and China agree deal to slash tariffs for 90 days as superpowers lay down economic arms

The United States and China have agreed a deal to slash reciprocal tariffs as Washington and Beijing seek to end a trade war that has sparked fears of a global economic recession, officials announced on Monday.

Economics

3 d. ago Ministers deny handing Donald Trump's White House a 'veto' over Chinese investment in the UK in the terms of new US trade deal

Darren Jones said reports that the White House would be able to block sources of foreign cash were 'nonsense', the day after Sir Keir Starmer and the president announced a tariff-reduction agreement.

Politics

3 d. ago Solution to get food and aid to Gaza is ‘steps away’, US state department says – live

Gaza is on the brink of catastrophe after two months of a total blockade by Israel, aid workers say, with many families down to one meal a dayThe winners and losers of Trump’s first tariff war strongly suggest that bankruptcies and farm consolidation could surge during his second term, with major corporations best placed to benefit from his polices at the expense of independent farmers.New analysis by the non-profit research advocacy group Food and Water Watch (FWW), shared exclusively with the Guardian, shows that Trump’s first-term tariffs were particularly devastating for farmers in the Maga rural heartlands. Continue reading...

Society

4 d. ago Donald Trump expected to announce ‘major trade deal’ with UK on Thursday

It would mark the first deal agreed upon since Mr Trump’s ‘liberation day’ announcement of global tariffs last month

Politics

6 d. ago Keir Starmer announces trade deal with major country after Boris Johnson's failure

New trade deal will slash Indian tariffs on key products such as whisky, gin, and cosmetics, the government said after it struck a major agreement with Narendra Modi's government

Politics

6 d. ago Trump called for 100% tariff on foreign films a day after Jon Voight proposed ‘limited’ tariffs

Actor was assigned by Trump to come up with a plan to save Hollywood, but his proposal only included tariffs ‘in certain limited circumstances’US president Donald Trump announced his 100% tariff on films “coming into our country produced in foreign lands” one day after meeting with actor Jon Voight to discuss his proposals to bring film production back to the US – which only suggested that tariffs could be used “in certain limited circumstances”.The Midnight Cowboy and Heat actor, who was appointed a “special ambassador” to Hollywood by Trump, has been meeting with studios, streamers, unions and guilds for months to develop a plan to lure film and television productions back to the US. Production companies often seek more cost-effective locations or tax incentives in other countries such as Canada, Australia, the UK, New Zealand, Hungary, Italy and Spain. Continue reading...

Politics

6 d. ago Trump White House says ‘no final decisions’ on foreign film tariffs

Officials say administration ‘exploring all options’ after president declared 100% tariff on non-US-produced filmsThe White House said on Monday that no final decisions have been made about imposing tariffs on foreign films, just a day after Donald Trump declared a 100% tariff on all movies produced outside the United States – an announcement that sparked widespread alarm across the global film industry.“Although no final decisions on foreign film tariffs have been made, the administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again,” White House spokesperson Kush Desai said. Continue reading...

Politics

7 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 One hundred days in, Donald Trump faces a problem: he can rage, but he can’t govern | Jonathan Freedland

Americans are beginning to worry about their future amid a shrinking economy, warnings of empty shelves – and the president’s failed promisesHe says it’s the “best 100-day start of any president in history”, but you can file that along with his boast about crowd sizes and his claim to have won the 2020 election. In truth, the first three months of Donald Trump’s second presidency have been calamitous on almost every measure. The single biggest achievement of those 100 days has been to serve as a warning of the perils of nationalist populism, which is effective in winning votes but disastrous when translated into reality. That warning applies across the democratic world – and is especially timely in Britain.Start with the numbers that matter most to Trump himself. A slew of polls appeared this week, but they all told the same story: that Trump’s approval ratings have collapsed, falling to the lowest level for a newly installed president in the postwar era. He has now edged ahead of h...

Politics

1 week ago Jobs report defies expectations and hiring remains steady despite concerns over Trump’s tariffs

The report gives the first glimpse of how the economy has fared after Trump’s so-called ‘Liberation Day’ when he introduced sweeping tariffs that plunged the stock market into chaos

Politics

1 week ago Liberation Day might have cost you Independence Day: Firework costs skyrockets on Trump tariffs

Consumers could be waiting for fireworks until 2026

Economics

1 week ago Lloyds sets aside £100m for tariff uncertainty as lender's profits plunge

The banking giant said: 'Initial non-UK tariffs announced in the first few days of April and the immediate market response were larger than expected.'

Economics

1 week ago Trump says he does not know if El Salvador would return Kilmar Ábrego García and hasn’t asked – live

Trump said he hasn’t spoken to Bukele about mistakenly deported man – despite supreme court order requiring administration to facilitate returnKristi Noem says Ábrego García would be deported immediately if sent back to USTrump pressures journalist to accept doctored photo as realDonald Trump promptly claimed this morning that the contraction in the US economy had nothing to do with his tariff wars, repeated his habitual claim that this is all somehow his predecessor Joe Biden’s fault, and predicted the economy would boom when tariffs kicked in. He wrote on his Truth Social platform:This is Biden’s Stock Market, not Trump’s. I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden “Overhang.” This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE P...

Politics

1 week ago Trump is already blaming Biden for future economic woes as he meets with Cabinet to mark 100 days: Live updates

President tries to deflect blame to predecessor as new GDP figures show U.S. economy contracted for first time in three years

Politics

1 week ago Trump tries to blame Biden after U.S. economy shrinks amid fears of tariff

President tries to deflect blame to predecessor as new GDP figures show U.S. economy contracted for first time in three years

Politics