53 m. ago Billions in support for businesses braced for hammering from Donald Trump's tariffs

Government body UK Export Finance the ability to extend £20 billion of support to British businesses, while the British Business Bank will be able to hand out loans of up to £2m to small businesses

Economics

81 m. ago Trump’s auto tariffs expected to cost industry over $100 billion, with millions fewer cars sold

Vehicle sales are predicted to plummet from auto tariffs and tightened spending by Americans due to import taxes on other goods

Economics

3 h. ago ‘There’s no way’: Experts doubt Trump team’s plan to reach 90 trade deals in three months

‘There's no way during this timeframe we're doing a comprehensive agreement with any of these countries,’ one expert said

Politics

5 h. ago Donald Trump exempts iPhones and laptops from new tariffs in huge U

US consumers feared price of handsets could triple if passed on to them

Politics

6 h. ago Trump rolls back some more tariffs as his ‘Liberation Day’ plans continue to face scrutiny: Live updates

Electronics exemption to Trump’s tariffs are boost for high-tech companies like Apple and Tesla, as well as China, which still remains under 145 percent levy

Politics

6 h. ago Chris Riddell on Donald ‘Captain America’ Trump wielding his tariff shield – cartoon

Is the president really ready to do battle with China after causing global chaos and undermining the US economy?You can buy a copy of this cartoon Continue reading...

Politics

6 h. ago Donald Trump exempts mobile phone and computers from reciprocal tariffs

The exemption also includes exclusions for other devices and components - including solar cells, flat panel TV displays, memory sticks, memory cards, semiconductors and solid-state drives used for storing data.

Politics

8 h. ago Trump exempts phones, computers and other electronics from his tariffs on Chinese goods

The move is seen as a win for big U.S. tech companies, whose founders have donated millions to Trump’s campaign and inauguration

Politics

8 h. ago Make America make again? Trump’s tariffs will only be manufacturing pipe dreams | John Naughton

The president’s gambit to bring the production of goods such as iPhones back to the US ignores huge supply chain complexitiesDonald Trump’s tariff strategy has at least one biblical connection: like the peace of God, it “passeth all understanding” (Philippians 4:7). Rival attempts to extract a rationale from the chaos include the idea that he is trying to devalue the dollar, or that he is seeking to “reshore” the manufacturing capacity that the US lost through decades of globalisation. My own hunch is that he just wants to show who’s the big boss around here – or as British science fiction author Charles Stross puts it, that he “expects individual nations to come to him, hat in hand, like terrified shopkeepers pleading for mercy from a mafia don”.Cue the UK’s very own Trump whisperer, Keir Starmer, who, according to Politico, plans “to put a review of online safety rules on the table in trade talks” with the US. Which, translated, means that things such as the Online Safety Act and ...

Economics

9 h. ago Gripping story of how Trump's finance guru Scott Bessent shoved aside MAGA loyalists to save the world from economic oblivion

When Treasury Scott Bessent took the podium at the American Bankers Association on Wednesday morning he was anything but 'yippy.'

Economics

9 h. ago Trump excludes smartphones from reciprocal tariffs after market rout

Exemption is first sign of softening of levies against China and provides a huge boost for Apple

Politics

9 h. ago Trump exempts smartphones from reciprocal tariffs after market rout

Dispensation is first sign of softening of levies against China and provides a big boost for Apple

Politics

9 h. ago Coffee, canned veggies and iPhones: Americans spent 20 percent more on goods facing tariffs after Trump’s announcement

Trump exempted phones and other electronics from his tariffs late Friday

Politics

9 h. ago Gripping story of how Trump's 'savior' Scott Bessent shoved aside MAGA loyalists to save the world from economic oblivion

When Treasury Scott Bessent took the podium at the American Bankers Association on Wednesday morning he was anything but 'yippy.'

Politics

10 h. ago Donald Trump exempts mobile phones and other tech from tariffs in new economic war move

President Donald Trump has announced a list of tech devices, including smartphones and computers, that will be exempt from reciprocal tariffs imposed on 'Liberation Day'

Economics

11 h. ago Trump orders military to take control of border lands as he continues to crack down on migrants crossings: Live

Rep. Greg Casar accused Trump of attempting to ‘shift the news off his tariff disaster’ by suddenly authorizing the military to take control of public lands along the southern border

Events

11 h. ago Trump’s tariff mess raises the danger of a US default | Lloyd Green

The US could breach the debt ceiling even sooner than predicted without action from Republicans“Trump backs down on tariffs, again. And it doesn’t look strategic,” a headline blared on Wednesday afternoon.At the end of trading, equities had recovered a portion of their losses. But plenty of damage had been done. Markets were thrown into turmoil, interest rates jumped and business activity took a hit. Beyond that, the possibility of a recession grew – and the possibility of a default by the US inched up to 6%, according to prediction markets. Continue reading...

Politics

12 h. ago Gold enjoys best week in five years as investors rush to safety

Even US Treasuries take a hit as Donald Trump’s tariff blitz shakes confidence in American assets

Economics

12 h. ago WARREN SHUTE: 'Don’t hit panic button just yet over Donald Trump tariffs'

Donald Trump has sparked a turbulent week for global stocks, but here is why financial planner Warren Shute says you shouldn't jump into impulsive decisions on your finances

Events

13 h. ago Trump's China tariffs swing a sledgehammer at importers and cheap goods

U.S. importers are bracing for the impact of President Donald Trump's staggering 145% levy on Chinese imports

Politics