Category: Global economy

Trump’s 10% tariffs on UK come into effect as Starmer weighs response – live

Trump’s unilateral 10% tariff on all imports from many countries has begun, with higher levies on goods from 57 larger trading partners to start next weekDonald Trump’s 10% tariff on UK products came into force on...

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Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of...

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Global markets in turmoil as Trump tariffs wipe £1.5tn off Wall Street

Economists say levies of 10-50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the...

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Global markets in turmoil as Trump tariffs wipe $2tn off Wall Street

Economists say levies of 10-50% have dramatically added to the risk of a worldwide downturnGlobal financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the...

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UK takes first step towards possible retaliation against US tariffs

Jonathan Reynolds tells MPs he is keeping ‘all options on the table’ after Trump’s announcement of import taxes on British goodsBusiness live – latest updatesThe UK has launched a formal process to...

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UK ministers will respond to US tariffs with ‘calm heads’, Starmer tells business chiefs

Prime minister says tariffs will be ‘a challenge’ but UK is better placed with 10% rate than EU at 20%Business live – latest updatesKeir Starmer has told heads of business in Downing Street that “clearly...

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Trump hits UK with 10% tariffs as he ignites global trade war

Britain wins relatively favourable treatment as president accuses trading partners of looting and pillaging USUS politics – latest updatesDonald Trump hit the UK with tariffs of 10% on exports to the US as he ignited a...

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Starmer offers big US tech firms tax cuts in return for lower Trump tariffs

Exclusive: UK willing to placate Trump with lower digital services tax rate also encompassing non-US companiesBig US technology companies have been offered a significant tax cut by Keir Starmer in return for lower tariffs from...

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Starmer offered big US tech firms tax cuts in return for lower Trump tariffs

Exclusive: UK willing to placate Trump with lower digital services tax rate also encompassing non-US companiesBig US technology companies have been offered a significant tax cut by Keir Starmer in return for lower tariffs from...

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Large majority of Europeans support retaliatory tariffs against US, poll finds

Survey shows between 56% and 79% across seven countries in favour if Trump introduces ‘Liberation Day’ leviesA large majority of western Europeans support retaliatory tariffs against the US, a survey has shown, if...

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Ministers brace for more Trump tariffs as UK races to agree US trade deal

Government fears hit from new US trade barriers but remains hopeful of progress in ongoing negotiationsMinisters believe Britain will be hit by more tariffs when Donald Trump unveils his latest round of trade barriers on...

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