Latest in Locked in a trade balancing act with the U.S., the UK hopes it can escape some Trump tariffs
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Locked in a trade balancing act with the U.S., the UK hopes it can escape some Trump tariffs
With its more balanced trading relationship with the U.S., the U.K. is hoping it might escape the full brunt of Trump's import duties.CNBC - 2d -
UK escapes worst of Trump's tariff wrath with 10% levy but warns of 'threat' to global economy
The U.K. escaped relatively unscathed compared with many other nations, facing the lowest trade tariff that Trump announced Wednesday.CNBC - 1d -
Russia’s Escape From Trump’s Tariffs Raises Questions
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.The New York Times - 1d -
UK has best chance of deal to overturn Trump tariffs, says minister
Tne trade secretary says the UK will be hit by tariffs on Wednesday but can negotiate an exemption.BBC News - 3d -
Starmer braced for Trump tariffs as UK seeks better outcome than EU
Prime minister still hopes to secure a trade deal with the US presidentFinancial Times - 3d -
The 'Dirty 15' percent: Some countries will take a harder hit from Trump's tariffs
Trump has pointed to America's trade deficits as he argues that virtually all trading partners are "taking advantage" of the U.S.CNBC - 3d -
Trump hits UK with 10% tariffs as he ignites global trade war
Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth. US politics – latest updates Donald Trump has hit the UK with tariffs of 10% on ...The Guardian - 2d -
Investors hope April 2 could bring some tariff clarity and relief. That may not happen.
Wall Street is hoping April 2 will provide clarity on the U.S. tariff front and a reprieve from the recent market volatility.NBC News - 3d -
U.S. stocks plunge after Trump's tariff shock to global trade
President Donald Trump's rollout of sweeping tariffs on virtually all U.S. imports shattered markets Thursday, as investors dealt an emphatic rebuke of his effort to reorder global trade.NBC News - 1d -
Trump's new tariffs construct a $1 trillion trade wall around the U.S. economy
President Trump's tariffs will equate to a nearly $1 trillion trade wall around the U.S., with huge impacts on every sector and every state in the U.S. economy.CNBC - 23h -
Eric Trump: Countries that rush to negotiate trade deal with US ‘will win’
Eric Trump, one of President Trump's sons, advised the many countries that will face new tariffs on goods imported to the U.S. to act quickly to negotiate with his father. "I wouldn’t want to be ...The Hill - 1d -
Here are the stocks rising and falling the most after Trump's tariffs
Markets tumbled Thursday following President Trump’s announcement of a general 10-percent tariff on imports to the U.S. along with additional targeted tariffs on dozens of U.S. trading partners. ...The Hill - 1d -
Europe's pharma industry braces for tariffs as carve-out hopes fade
Europe's pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by President Donald Trump fade.CNBC - 2d -
Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live
Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs. Trump prepares to unveil reciprocal tariffs as markets ...The Guardian - 3d -
Trump transforms global trade
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story 5 takeaways from Trump’s major tariff announcement President Trump reset U.S. ...The Hill - 1d -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 7h -
Car Tariffs Are Coming. For Some Buyers, That Was a Reason to Act.
“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.The New York Times - 5d -
China hits back at Trump with 34% tariff on U.S. imports
China announced a 34% tariff on all U.S. imports on Friday, escalating trade tensions between the world’s two biggest economies.NBC News - 11h -
As Tensions Escalate Between Trump and Europe, Meloni Is Caught in the Middle
Each new crisis, whether over Ukraine or tariffs, has made the Italian prime minister’s balancing act that much harder.The New York Times - 4d -
From hormone-treated beef to tech taxes: what’s at stake in UK-US trade talks?
Ministers are considering how to secure an agreement that might exempt Britain from Trump’s tariffs. UK ministers are redoubling their efforts to agree a trade deal with Donald Trump after he ...The Guardian - 1d -
China urges U.S. to 'immediately' cancel reciprocal tariffs, vows countermeasures
U.S. President Donald Trump announced a baseline tariff of 10% on most imported goods from global trading partners.CNBC - 1d -
Trump launches 10% minimum tariffs on every US trading partner
President Donald Trump announced an across-the-board minimum 10% tariff on all trading partners, with some "reciprocal tariffs" imposed on dozens of countries he says are ripping the United States ...NBC News - 1d -
The Guardian view on Trump’s tariffs: a monstrous and momentous act of folly | Editorial
The US president has expelled his own country from the rules-based global trade system that America itself created. For the world’s already embattled trading system, it is as though an asteroid has ...The Guardian - 1d -
U.S. Farmers Brace for Losses in New Trade War With China
China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.The New York Times - 52m -
UK consults business on retaliation against Trump tariffs
Starmer pledges to redouble efforts to strike trade deal with the USFinancial Times - 1d -
Starmer vows ‘cool-headed’ response to Trump tariffs
UK prime minister tells MPs a trade war is ‘in nobody’s interests’Financial Times - 2d -
Some Republicans ask for tariff exemptions and express concern over Trump trade war
A number of congressional Republicans are publicly voicing concern over the potential for a prolonged trade war and its effect on American farmers as President Donald Trump prepares to announce a ...NBC News - 3d -
Trump’s tariffs – five key takeaways
Donald Trump has upended decades of US foreign policy by bringing in a vast array of tariffs that threaten to disrupt international trade. Here are some initial key points. Trump tariff reaction ...The Guardian - 1d -
Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says
A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S.NBC News - 1d -
China threatens retaliation after Trump hits it with highest U.S. tariff on any country
China said Thursday it would take all “necessary measures” to protect its legitimate interests after it was hit particularly hard by President Donald Trump’s sweeping tariffs on U.S. trading ...NBC News - 1d -
‘There are no winners’: global companies respond to Trump tariffs
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measures. Donald Trump’s sweeping tariffs will upend global trade, adding costs and delays to ...The Guardian - 18h -
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.The New York Times - 23h -
5 takeaways from Trump's major tariff announcement
President Trump reset U.S. trade policy on Wednesday by announcing a 10-percent general tariff on all imports to the U.S. with the exception of Canada and Mexico, along with targeted tariffs on ...The Hill - 1d -
What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.The New York Times - 10h -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 1d -
Trump tariffs have investors on edge as "Liberation Day" looms
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.CBS News - 2d -
U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act.CNBC - 1d -
Factory activity slumps as manufacturers brace for Trump tariffs
U.S. manufacturers are sounding worried about the Trump administration’s trade policies ahead of a hotly anticipated announcement on tariffs that’s expected from the White House on Wednesday. ...The Hill - 3d