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Boost to £40bn UK aerospace industry as Rolls-Royce engines and aircraft parts reportedly excused by US commerce secretary British plane parts are set to be exempted from US import tariffs as part of the evolving trade agreement with Donald Trump’s adm…
US president praises ‘very good’ discussions as top US and Chinese officials meet over trade war triggered by Trump’s tariff blitzDonald Trump has hailed a “total reset” in US-China trade relations after the first day of talks between top American and …
Analysts say the news boosts business confidence, helps an EU trade reset and shows the UK is a good place to invest – but it’s unlikely to turbo-charge GDPYou wait three years for a trade deal and then two come along at once.As of Monday, the UK had n…
Meeting aimed at de-escalating trade war after Chinese exports beat expectations despite slump in tradeDonald Trump has floated cutting tariffs on China from 145% to 80% before a weekend meeting as he looks to de-escalate the trade war.Top US officials…
Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a rowThe Federal Reserve kept interest rates on hold and called out growing dangers in the US economy amid Donald Trump’s erratic rollout of …
Traffic is down at America’s busiest port complex – and anxious dock workers are fearful of further economic harmSouthern California may be known for celebrities and glitz, but the true action has long been about 40 miles away from Hollywood, in a plac…
Education, health, climate and more on chopping block and 13% rise – to over $1tn to Pentagon – in ‘skinny budget’Donald Trump is proposing huge cuts to social programmes like health and education while planning substantial spending increases on defenc…
FTSE 100 records its longest winning streak as Washington releases better-than-expected hiring figuresMarkets on both sides of the Atlantic rose on Friday after hiring in the US slowed less than expected in April, offering a glimmer of hope that the wo…
Workforce saw an additional 177,000 jobs added even as Trump has pressed ahead with sweeping tariffs on importsHiring in the US slowed in April, according to official figures, with the workforce adding 177,000 jobs as Donald Trump’s aggressive trade st…
This blog has closed. Read the latest story hereThe Trump administration is seeking to strip collective bargaining rights from large swaths of federal employees in a test case union leaders argue is part of a broader attack on US labor unions that coul…