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European markets and US futures dip sharply after news triggers sell-off across AsiaBusiness live – latest updatesGlobal stocks have fallen sharply and the US dollar hit a six-month low after Donald Trump unveiled sweeping tariffs against the US’s glob…
There were charts and scores, as if The Price Is Right had come to Washington. The big prize? A global trade warIt was Jeopardy!, or The Price Is Right, come to Washington.On an unseasonably chilly day in the White House Rose Garden, Donald Trump stood…
President promised liberation yet may have plunged the US into recession and the world into an economic scrambleDonald Trump is finally making good on his campaign promises to “build that wall” – but instead of steel fencing along the Mexican border, i…
President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’US politics live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upendi…
Data says 34% of those in US stopped purchasing breakfast staple and won’t buy again until costs lower to $5 a cartonAs egg prices have reached record highs, about a third of American consumers have stopped buying them in response to the rising costs, …
After myriad false starts and much fluctuation, the lingering question is not how far Trump can take his trade wars, but how far he willDonald Trump won back the White House with a promise to transform the US economy. Millions of Americans, struggling …
Lincoln blockaded southern cotton, McKinley hit Britain with tariffs and Nixon abandoned the gold standard: a quick history of transatlantic economic meddlingAfter the American civil war began in 1861, President Abraham Lincoln tried to hamstring the e…
Tariffs panned by economists for sowing uncertainty that they said made it challenging for businesses to plan aheadUS consumer confidence plunged to the lowest level in more than four years in March, with households fearing a recession in the future an…
South Korean carmaker plans to create 14,000 full-time jobs and expand links with US firms on tech including AIBusiness live – latest updatesSouth Korea’s Hyundai has said it will make a record $21bn (£16bn) investment in the US, as it attempts to prot…
Trump used their price as a campaign issue but has been unable to stop costs rising. Why do eggs matter so much?As the Trump economy continues to perform with all the robustness and reliability of a Tesla Cybertruck, one thing, above anything else, has…