Category: US economy

IMF warns of ‘major negative shock’ from Trump’s tariffs

Lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%Business live – latest updatesDonald Trump’s tariffs have unleashed a “major negative shock” into...

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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 threatens China with extra 50% tariffs if country fails to withdraw 34% retaliatory levies – US politics live

US president escalates trade war with China, saying all negotiations will be terminated and additional levies will take effect on WednesdayGlobal stock markets tumble over tariff ‘medicine’Wall Street falls continue...

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‘Hands Off’ protests take off across US to oppose Trump agenda – live

More than a thousand events expected in a show of defiance against US president’s ‘authoritarian overreach’Hundreds of protesters gathered in central London on Saturday as part of global demonstrations against...

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Caught in the middle: UK firms brace for fallout from Trump’s global trade war

While UK may not be in direct line of fire, knock-on effects on global trade has British businesses worried“We’re vulnerable at the moment,” says Fiona Conor, the managing director of Trust Electric Heating, a...

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Trump announces 25% tariffs on foreign steel and aluminum

Modified US duties will be enforced ‘without exceptions’, said president, in controversial bid to boost economyWhy Trump tariffs will be ‘very bad for America and for the world’Donald Trump announced 25%...

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