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Lasting damage has been done not only to Trump’s political credibility but to globalisation as a systemAt the beginning of this helter-skelter week, Downing Street was declaring globalisation not only dead but a failure. Now, only five trading days lat…
Union leaders have welcomed moves towards public ownership but it is not an auspicious environment for nationalisationBlast furnaces have been making steel in Britain for 300 years, ever since they helped start the Industrial Revolution. This weekend, …
Call to prioritise reset with Europe comes after top adviser to Trump downplays prospect of US tariffs being reducedBusiness live – latest updatesWhy did ‘strongman’ Trump back down on tariffs? – podcastMinisters should focus on rebuilding bridges with…
Growth defies forecasts that chancellor had hobbled economy but trade war casts long shadowUK economy far exceeds forecasts to grow 0.5%Business live – latest updatesEarlier this year Rachel Reeves was being written off for having jeopardised Britain’s…
It would take an ‘extraordinary deal’ for any country to improve on 10% rate, says Kevin HassettTrump’s about-face on tariffs reveals chaos at core of presidencyBusiness live – latest updatesA senior economic adviser to Donald Trump has said it would t…
This blog is now closed. You can read our latest full report and explainer here:Trump insists tariff war is ‘doing really well’ as recession fears mountWhat are bonds and why have they spooked Donald Trump?The US dollar slumped on Friday as waning conf…
Sarah Breedon says too early to judge impact on inflation of ‘most significant change in trade policy in a century’Business live – latest updatesUK economic growth will be hit by US tariffs, which are the biggest trade policy change in a century, a sen…
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 called for an “economic co…
Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tari…
US president may have used some hypothetical maths but chances are slim that such sums are being raisedBusiness live – latest updatesDonald Trump has defended his tariffs by arguing that they are already raking in almost $2bn (£1.6bn) a day for the US….