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Rolex CEO stressed US president’s remarks were made ‘in jest’ in letter to Elizabeth Warren, who had raised concerns Donald Trump asked Rolex executives if he would have been invited to watch this month’s US Open final from the luxury watchmaker’s VIP …
President places new duties on cabinets, vanities and sofas but national-security justification prompts puzzlementDonald Trump has often cited national security when announcing new tariffs. America and its military can not run without steel and compute…
Britain will ‘actively engage’ with US over possible 100% duties, with truck and cabinet makers also in firing lineDonald Trump’s threat to impose new tariffs from next week on branded drugs, trucks and kitchen cabinets has raised fresh concerns for th…
In speech to Global Progress Action summit, PM criticises rhetoric describing London as ‘decaying and lawless ’UK politics live – latest updatesProgressive politicians must directly confront the “lies” used by populists and counter their “industrialise…
President announces 100% tariffs on imported branded drugs, 25% on heavy-duty trucks and 50% on cabinetsDonald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariffs on imported branded drugs, …
Leisurewear firm reports 13.5% decline in profits in six months to 2 August, with sales drop worst in North AmericaJD Sports has said consumers’ wallets are “strained” as sales struggled on either side of the Atlantic and the retailer reported a fall i…
US president claims Russia is in ‘big economic trouble’ as he calls for Nato countries to stop imports of Russian oilDonald Trump has said he believes Ukraine can regain all the land that it has lost since the 2022 Russian invasion in one of the strong…
International body warns British rate will be higher than that in US, despite effects of Trump tariffsBusiness live – latest updatesThe UK is set to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and…
Stephen Miran says rates should be below 3% by end of year and dismisses fears of US president’s tariffs stoking inflationStephen Miran, Donald Trump’s new appointee on the Federal Reserve’s interest-rate-setting board, has doubled down on his calls fo…
Liz Uihlein sent staff email with cartoon of Trump saying ‘I hold the cards’ to which Xi says ‘the cards are made in China’A top donor to Donald Trump and other Maga Republicans has privately mocked the US president’s longtime position that he has an u…