Category: Global economy

China raises tariffs on US goods to 125% as Xi urges EU to resist Trump ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continuesBusiness live – latest updatesWhy did ‘strongman’ Trump back down on tariffs? –...

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Trump’s economic adviser dampens Starmer’s hopes of tariffs relief

It would take an ‘extraordinary deal’ for any country to improve on 10% rate, warns Kevin HassettTrump’s about-face on tariffs reveals chaos at the core of his presidencyBusiness live – latest updatesA...

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Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsThe US dollar...

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FTSE 100 index jumps 6% as Trump’s tariff U-turn sparks market rally – business live

China’s 84% retaliatory tariffs on US goods come into effect on Thursday, but there’s relief that Trump has paused levies against most countriesRead the latest full reportUS-China trade war intensifies as...

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Gordon Brown calls for ‘economic coalition of the willing’ to tackle Trump tariffs

Former PM says it is also the moment for the UK to go even further in renewing ties with the EUTrump is pushing the world into recession. By learning the lessons of 2008, we can still prevent it | Gordon BrownGordon Brown has...

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China’s new tariffs on US goods to come into effect as Trump pauses measures for other countries – business live

China’s 84% retaliatory tariffs on US goods, announced on Wednesday, are due to come into effect on ThursdayRead the latest full reportIn a stunning U-turn, Trump has reversed high tariffs on most nations – at least...

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China retaliates with 84% tariffs on US goods as Trump trade war rattles markets – business live

Stock markets down in UK and across Europe after steep declines in Asia as Donald Trump presses ahead with huge 104% tariffs on ChinaFull report: Trump unleashes new wave of tariffsDispatch: The view from Yiwu, China’s...

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Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England

Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warnsTrump imposes new tariffs on dozens of partners, sparking fresh market turmoilBusiness live –...

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Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil

Rates on imports to US from dozens of economies rise further, with China hit by 104% tariffsBusiness live – latest updatesThe US and China are heading towards an all-out trade war, after Donald Trump unleashed a fresh wave...

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Asian markets fall as Trump’s sweeping global tariffs, including 104% against China, due to take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with plans to hit China with huge retaliatory tariffsToday’s tariffs follow Trump’s 10% tariff on all imports from many countries,...

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Tariffs driving India to strike trade deals, finance minister says ahead of UK talks

Nirmala Sitharam says turmoil forcing countries to seek accords beyond old ideological and political tiesIndia is seeking to strike more trade deals with other countries at a time of “global uncertainty”, its finance...

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