A group of 12 Democratic AGs have sued the Trump administration over the president’s tariffs. The group was led by the AGs from Arizona and Oregon but also included New York’s AG Letitia James. The legal challenge, led by Arizona Attorney General Kris Mayes and Oregon Attorney General Dan Rayfield, seeks to halt the enforcement...
Chancellor Rachel Reeves told a crowd in Washington the UK was ready to cut tariffs on US car imports, saying “we are not going to rush a deal”, the Financial Times reports. This comes ahead of the chancellor meeting her American counterpart, Scott Bessent, and after a sharp rise in global markets with hopes tied...
Chancellor Rachel Reeves has signalled the UK could lower tariffs on US car imports as she tries to broker a trade deal with the Trump administration. Reeves said she wants “to see tariff and non-tariff barriers reduced between the UK and the US”. The UK is seeking to lower trade taxes imposed by President Donald...
Simon Browning Business reporter, BBC News Reuters A Boeing 737 MAX 8 intended for a Chinese airline is returned to a Boeing airfield, as trade tensions escalate over US tariffs on Chinese imports China has sent back planes it ordered from the US in its latest retaliation over Trump tariffs, the boss of aircraft maker...
Is this a blink? Or is it a nudge? Since Liberation Day, the White House has spent considerable effort recalibrating its tariff rates and applications as the markets responded — largely and significantly negatively. Donald Trump has hit China particularly hard, and after the first few days of the tariff rollout, appeared to make China...
Ukraine peace talks are back on the front pages amid reports of a controversial proposal to end the fighting. Donald Trump will allow Vladimir Putin to keep almost all the territory he seized from Ukraine under the terms of a proposed peace deal, the Daily Telegraph reports. The seven-point proposal, which would see the US...
Nikita Yadav BBC News, Delhi @MEAIndia/X Vance (left) and Modi discussed matters related to trade, defence and bilateral cooperation India and the US are making progress in negotiating a bilateral trade deal, the countries said after a meeting between Prime Minister Narendra Modi and Vice-President JD Vance in Delhi. Vance is currently on a four-day...
The US Commerce Department has announced plans to impose tariffs of up to 3,521% on imports of solar panels from four South East Asian countries. It comes after an investigation that began a year ago when several major solar equipment producers asked then-President Joe Biden administration to protect their US operations. The proposed levies –...
As a handy person, Devon Curtin spends a lot of time helping people enrich their living spaces. Recently, while working with a friend to remodel their floor, Curtin noticed that the cost of do-it-yourself projects is already rising because of Donald Trump’s tariffs. “The cost of mahogany was the same as Douglas fir, which is...
Nick Marsh BBC News Reporting fromKuala Lumpur Astudestra Ajengrastri BBC Indonesian Getty Images South East Asia is on the frontline of Chinese exports to the US that are now looking for new markets When US President Donald Trump hit China with tariffs in his first term, Vietnamese entrepreneur Hao Le saw an opportunity. His company...
Stephen McDonell China correspondent BBC/Benjamin Begley The ‘silver train’ initiative aims to get retirees to visit remote parts of China and boost the local economy Beijing insists it will stand firm in the face of Donald Trump’s tariffs on Chinese goods. It has been trying to reassure everyone that the country is strong and the...
Charlotte Edwards Business reporter, BBC News Getty Images The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump’s tariffs. It added “severe downside risks”, including reciprocal tariffs and political uncertainty, could lead to an even sharper decline in global goods trade. “The decline is expected...
A bipartisan bill to put a congressional “check” on Trump’s tariff powers faces steep odds of passage. A new poll shows that a majority of Americans oppose tariffs imposed by President Donald Trump and want Congress to take action to limit current and future tariffs. The poll comes as bipartisan support grows for a bill...
Companies have been sharing their concerns about the impact of US tariffs at the Canton Fair in Guangzhou, the world’s longest running import-export fair. “We’ve been hearing from several Chinese companies who’ve told us that their products are stuck in ports here, waiting to go to the United States. The tariffs are simply too high...
Annabelle Liang Business reporter Getty Images Xi started his South East Asia trip in Vietnam China’s President Xi Jinping has called on Vietnam to oppose “unilateral bullying” to upkeep a global system of free trade – though he stopped short of naming the US. It comes as Xi is on a so called “charm offensive”...