Amid talk of a trade war, Trump’s tariffs have also raised questions over the atmosphere at the various sports events it is due to host, not least the Ryder Cup in the US later this year. With European Union leaders highly critical of the policy, it would be little surprise if anti-European sentiment among the...
On Wednesday, President Trump unveiled new tariffs on imports to the US which will form a central part of his government’s new trade policy. In his speech, he listed the new tariffs to be imposed on a number of countries, including the country’s biggest trading partners, and a more complete list was released later by...
Paul Kirby & Laura Gozzi BBC News EUROPEAN COMMISSSION/DATI BENDO/HANDOUT European Commission President Ursula von der Leyen has already laid out initial countermeasures Europe’s leaders had been preparing for “Trump’s trade war” – but the reality of a 20% blanket US tariff still came as a shock. “This decision is a catastrophe for the economic...
BBC Verify’s Ben Chu takes a look at the wide range of different tariffs being imposed on countries. Read full article at source...
Kate Whannel Political reporter Sam Francis Political reporter Getty Images The UK government is drawing up a list of US products it could hit with retaliatory tariffs after President Donald Trump announced a wave of new import taxes. This is a toughening of the government’s stance as ministers seek to finalise a trade deal with...
Watch: Three things to know about Trump’s tariffs announcement US President Donald Trump announced sweeping tariffs on goods from countries across the world, on what he called “Liberation Day”. He says the move will make America wealthy again, but economists warn that prices could rise for Americans and fears of a global trade war have...
Ben Chu & Tom Edgington BBC Verify Getty Images US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher rates for what he calls the “worst offenders”. But how exactly were these tariffs – essentially taxes on imports – worked out? BBC Verify...
Jake Wallace BBC News, South West Reuters US President Donald Trump has imposed new tariffs on all goods entering the US US President Donald Trump’s new 10% tariffs on all imports from the UK to the United States have been described as worrying by one Devon company. Quicke’s Cheeses, based near Exeter, make about 10%...
Watch: Three things to know about Trump’s tariffs announcement New trade tariffs unveiled by US President Donald Trump on Wednesday are expected to have a major global impact, and have been condemned by the European Union and other key US allies. But Trump’s latest import taxes may get a different response in China, whose leader...
EPA Stock markets in London, Paris and Berlin fell as trading began on Thursday after US President Donald Trump’s sweeping announcements on tariffs. The UK’s FTSE 100 share index was down 1% while France’s Cac 40 fell 1.7%. Earlier Asian markets had slid, while the price of gold, which is seen as a safer assest...
Annabelle Liang Business reporter Getty Images China has said it will take “resolute countermeasures” in response to US tariffs As US President Donald Trump laid out tariffs on virtually every one of America’s trading partners on Wednesday, he had strong words for Beijing. “I have great respect for President Xi [Jinping] of China, great respect...
Office lights in some corners of Westminster were on much later than usual last night. Why? Because ministers and officials, just like so many others, were watching the telly to see what President Trump would have to say, the Business Secretary Jonathan Reynolds among them. The president, brandishing a giant rectangular piece of card packed...
Donald Trump’s politics have shifted considerably over his decades in the public sphere. But one thing he has been consistent on, since the 1980s, is his belief that tariffs are an effective means of boosting the US economy. Now, he’s staking his presidency on his being right. At his Rose Garden event at the White...
President Donald Trump has unveiled universal 10% tariffs on all imports into the US effective on 5 April, with certain countries hit with steeper tariffs beginning 9 April. The watershed moment for global trade is already impacting stock markets. The BBC’s Michelle Fleury breaks down what the import taxes mean for the US and countries...
And how will the UK be affected? Read full article at source...