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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…
After doubling down on his promise not to pause his latest tariffs, Donald Trump has announced a 90-day pause for most countries except China. Why did he change his mind?Jonathan Freedland speaks to James Bennet of the Economist about who might have fo…
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…
Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffsApple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trum…
As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunitiesBusiness live – latest updatesOn the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was …
‘We want to give negotiations a chance,’ says Ursula von der Leyen in announcement of 90-day pauseEurope live – latest updatesThe EU has suspended its retaliatory 25% tariffs on US goods for 90 days after Donald Trump’s dramatic climbdown in his trade …
US president posted it was ‘a great time to buy’ on social media just hours before pausing tariff impositionsBusiness live – latest updatesDonald Trump is facing accusations of market manipulation after posting on social media that it was a “great time…
Asian and European markets rise amid signs trade war may not be as damaging to global economy as fearedBusiness live – latest updatesDonald Trump’s surprise decision to pause the hefty tariffs he had just imposed on dozens of countries brought relief f…
China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep reciprocal tariffs elsewhereBusiness live – latest updatesChina says Donald Trump’s trade war with Beijing “will end in failure” for Washington, hours after …
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…