US President Donald Trump’s trade wars have continued to escalate, with promises to rollout reciprocal tariffs on Wednesday. Trump has referred to 2 April as “Liberation Day”, saying the tariffs he will announce will free the country from depending on foreign goods. The BBC’s North America Business Correspondent Erin Delmore explains what we know and...
Every time Donald Trump has mentioned his plan to levy massive tariffs on imports into the US, there has been a widespread assumption that they will be delayed, watered down or rowed back. Today, he will reveal in the White House Rose Garden not just how serious he is about “the most beautiful word in...
Political obituaries for France’s Marine Le Pen dominate many of Tuesday’s front pages, with the Financial Times reporting that her hopes for higher office are now “shattered” by the five-year ban she’s received after being convicted of embezzling EU funds. Barring a successful appeal, this knocks the far-right politician out of the running for the...
British carmakers will meet ministers on Friday to discuss their response to US President Donald Trump’s placing 25% tariffs on car imports from next week, the BBC understands. The UK government is trying to negotiate exemptions from a wide range of US import levies due to come into force at midnight on 3 April. Some...
Germany has said it “will not give in” and that Europe must “respond firmly” as US President Donald Trump targets imported cars and car parts with a 25% tax in his latest tariffs. Other major world economies have vowed to retaliate, with France branding the move “very bad news”, Canada calling it a “direct attack”,...
US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner ByteDance. Trump also said he is willing to extend a 5 April deadline for a non-Chinese buyer of the platform to be found. In January, he delayed the...
Donald Trump has announced new trade taxes of 25% on cars being imported to the US. The US President said the latest tariffs would come into effect on 2 April, with collections starting the next day. Trump claimed the measure would lead to “tremendous growth” for the car industry, promising it would spur jobs and...
On March 6, Mexican President Claudia Sheinbaum held a meeting with nearly 40 representatives of Mexico’s national bourgeoisie to discuss her government’s plans in the face of U.S. President Donald Trump’s tariff threats. Sheinbaum would later confess that the meeting was set up to share what her government was planning on doing should her phone...