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US president has been unusually reticent about plans to punish Russia if it does not agree to end Ukraine warEurope live – latest updatesAfter taking six months to conclude that Vladimir Putin may not be a kindred transactional authoritarian leader but…
Agreement is said to ‘dampen the mood’, with the US viewed as the winner at the expense of the eurozoneBusiness live – latest updatesInvestor confidence in the EU has fallen sharply after Donald Trump’s trade agreement with Brussels, amid mounting conc…
City predicts quarter-point drop to 4% when MPC meets on ThursdayBank of England policymakers are widely expected to cut interest rates this week to prevent the economy sliding backwards amid rising unemployment and the hit to global trade from Donald …
This liveblog is now closed.Trump orders firing of labor statistics chief hours after data showed jobs growth slowedThe main US stock indices have fallen sharply at the start of trading, as investors react to the flurry of tariffs announced last night …
Trump will need to approve pause, say US representatives after negotiations end with sides failing to break deadlock on trade termsUS and Chinese negotiators have agreed in principle to push back the deadline for escalating tariffs, although America’s …
Despite reduced tensions and EU trade deal, US policies are ‘highly uncertain’, says Washington-based organisationBusiness live – latest updatesGlobal growth will be stronger than previously expected this year after Donald Trump scaled back his most ex…
Agreement includes 15% baseline tariff for most EU exports to US after deal reached at Scotland crunch talksDonald Trump has announced a deal with the EU to end four months of difficult negotiations between Washington and Brussels and avert a damaging …
Central bank shuns calls to reduce borrowing costs as higher US tariffs loomBusiness live – latest updatesThe European Central Bank has kept interest rates on hold as figures showed the eurozone economy maintaining a steady pace of economic growth amid…
New vehicles declined 12% in first six months of this year as Trump’s tariffs caused chaos, SMMT figures showBritish car and van manufacturing slumped in the first half of the year to its lowest since 1953 outside the Covid pandemic, as Donald Trump’s …
Rate would apply to most goods but bloc still hardening retaliatory measures in case Trump does not agree dealThe EU and the US are nearing a trade deal that would place 15% tariffs on most imports from the bloc, it has emerged.The tariff rate, which w…