EPA Markets are reeling from US President Donald Trump’s tariff announcements, but the American leader is standing by his decisions, defending his policies and saying “sometimes you have to take medicine to fix something”. Experts answered some of the questions you sent us as the world tries to make sense of the turmoil and wonders...
Sir Keir Starmer has pledged to only sign a trade deal with the US that is in the UK’s “national interest,” as he warned about the impact of President Trump’s tariffs. The prime minister said the import taxes announced by the US president last week – which have prompted economic turbulence across the world –...
Getty Images Bill Ackman switched allegiance to Trump before the 2024 presidential election A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs, or risk “a self-induced, economic nuclear winter”. Amid market turmoil, hedge fund manager Bill Ackman said the president should take three months to allow...
Ottilie Mitchell BBC News, Sydney Richard Arculus The imposition of tariffs on the Heard and McDonald islands were meant to close “ridiculous loopholes”, said the US Commerce Secretary The US Commerce Secretary has defended the country’s decision to impose tariffs on a group of uninhabited islands, which are populated only by penguins and seals. The...
US President Donald Trump’s officials show no sign of halting the “bruising tariffs” on imports from around the world and are rejecting “fears of a looming recession,” the Financial Times reports. The i Paper leads with the easing of a ban on manufacturing petrol cars, described as an effort to “shield” the UK from a...
Simon Jack Business editor EPA Prime Minister Sir Keir Starmer said on Sunday he was prepared to use industrial policy to “shelter British business from the storm” expected from US President Donald Trump’s recent wave of tariffs. A 10% “baseline” tariff on all imports into the US and a 25% tariff on car imports have...
Congressman Ro Khanna is raising the alarm over mass layoffs in the U.S. economy resulting from the failed economic policies of President Donald Trump, including over 4,000 factory workers who lost their jobs this week due to firings or plant closures. On Thursday, automaker Stellantis, citing conditions created by Trump’s tariffs, announced temporary layoffs for...
Zimbabwe President Emmerson Mnangagwa has announced he will suspend tariffs on goods imported from the US in an attempt to build a “positive relationship” with President Donald Trump’s administration. The move comes days after Trump imposed 18% tariffs on Zimbabwean exports to the US. “This measure is intended to facilitate the expansion of American imports...
Prime Minister Keir Starmer says “the world as we knew it has gone” Read full article at source...
Chief Secretary to the Treasury Darren Jones has described the era of globalisation as “ended”, following Donald Trump’s new tariffs. It comes after Prime Minister Sir Keir Starmer suggested in a Sunday Telegraph article he was about to announce state intervention to protect UK firms from the US president’s move. The UK was among nations...
The US began collecting a 10% “baseline” tariff on all imports on Saturday as President Donald Trump urged Americans to “hang tough” after market turmoil. The UK and France are among hundreds of countries impacted and its leaders have said nothing is off the table. While China, which has been hit the hardest by President...
Alarm over U.S. President Donald Trump’s tariffs continues to grow, with stocks plummeting and JPMorgan warning that “the risk of recession in the global economy this year is raised to 60%, up from 40%.” After China announced new 34% tariffs on all American goods beginning next week, The Associated Press reported Friday that “the S&P...
Jaguar Land Rover has announced it will “pause” all shipments to the US as it works to “address the new trading terms” after tariffs were imposed earlier this week. A 25% levy on car imports came into force on Thursday, one of several measures announced by US President Donald Trump which have sent shockwaves through...
Laura Kuenssberg Presenter, Sunday with Laura Kuenssberg•@bbclaurak BBC Prime Minister Sir Keir Starmer watched in his flat. Chancellor Rachel Reeves saw it in her study. The Business Secretary Jonathan Reynolds, accompanied by staff and pizza, took in President Donald Trump’s big tariffs reveal on Wednesday from his office in Old Admiralty Arch, from where the...
Mike Wendling Reporting fromDelta, Ohio BBC/Mike Wendling On a quick drive around the small Ohio town of Delta, you can spot nearly as many Trump flags as American stars-and-stripes banners. And at the petrol station near the Ohio Turnpike, the pumps bear relics of the last administration, with slogans slamming Trump’s predecessor: “Whoever voted for...