BBC There has been a historic upheaval in American trade policy. The announcement of Donald Trump’s so-called “reciprocal tariffs” on 2 April – what he called “liberation day” – sent a shockwave through the global trading system and financial markets. And the President’s 90-day pause on some of these tariffs on 9 April set off...
Liv McMahon Technology reporter Reuters The world’s most popular gadgets – phones, laptops, tablets, smartwatches – could be about to get a lot more expensive in the US. Many of them are made in China, which now faces a 125% tariff on its goods imported to the US, under President Donald Trump’s controversial trade policy....
David Dixon & Elliot Ball BBC News, South West BBC Ben Wearmouth, from Bott Ltd, said the tariffs were an “evolving situation” Exporting businesses in Devon and Cornwall have been reacting to US President Donald Trump’s tariffs, with one company describing the extra tax as a “surprise”. His universal 10% levy remains in place for...
Last week the remnants of the Department of Education sent letters to state leaders across the country requiring them to certify within 10 days that they were compliant with the Trump administration’s view of DEI in schools. As a condition for receiving federal money, the Trump administration is ordering K-12 schools to certify that they...
Dharshini David Deputy economics editor Getty Images Warnings of a global recession have been intensifying as the trade war heats up. As of Wednesday night, the main animus seems to be between the US and China who are flinging ever-increasing tariffs at each other. For most other nations, Donald Trump has paused implementing higher taxes...
US markets shot up like a rocket on Wednesday after US President Donald Trump issued a 90-day pause on the implementation of higher tariffs, meaning a “universal 10%” levy will be in place for most countries. But the US president hit China with even higher tariffs of 125% due to “their insistence on escalation”, according...
…a wild day ends with a 90-day ‘pause’ on tariffs Read full article at source...
Trump hikes China tariffs to 125% while cutting others Read full article at source...
. Workers and consumers in Britain have nothing to gain from joining US-EU and anti-China tariff wars, the Communist Party has warned. “Higher tariffs on our exports and imports would jeopardise investment, jobs and living standards”, General Secretary Robert Griffiths told the Party’s Political Committee last week, “especially given Britain’s trade deficit and a relatively...
And, US says it will hold direct nuclear talks with Iran. Read full article at source...
Tiffany Wertheimer BBC News Getty Images In his first few weeks back in the Oval Office, US President Donald Trump made several extraordinary decisions on foreign policy. He threatened to annex Greenland, announced plans to “take over” Gaza, and started to remove the US from the World Health Organization (WHO) and the UN Paris climate...
Yvette Tan, Annabelle Liang and Kelly Ng Getty Images Xi Jinping has shown no signs that he will blink first in the tariff standoff with the US The trade war between the world’s two biggest economies shows no signs of slowing down – Beijing has vowed to “fight to the end” hours after US President...
Watch: Is the US heading into a recession? Three warning signs to watch A day before Donald Trump’s “reciprocal” tariffs are scheduled to kick in, the US president appears locked in a high-stakes game of chicken, with the world’s economy hanging in the balance. Some nations labelled “worst offenders” are scrambling to make nice with...
President Trump ramps up the threat of a trade war with possible more tariffs on China. Read full article at source...
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...