Sen. Maria Cantwell, D-Wash., speaks during a hearing of the Senate Committee on Finance on Capitol Hill, Thursday, March 6, in Washington. Mark Schiefelbein/AP hide caption toggle caption Mark Schiefelbein/AP President Trump’s escalating tariffs on trading partners has not only rattled U.S. and international markets – it’s also set off alarm bells in Congress. In […]
Concerns are growing that British Steel could run out of raw materials within days for its blast furnaces in Scunthorpe. The government is considering nationalising the company, which has said its two main furnaces are “no longer financially sustainable”, prompting fears the some 2,700 jobs could be lost. Simon Boyd, managing director of REIDsteel, a […]
Chinese censors appeared to be carefully curating public discussion about the U.S. tariffs that took effect on Wednesday. They promoted criticism of the United States, while seemingly playing down the specifics of how President Trump’s move would effectively increase import taxes on Chinese goods to 104 percent. On Weibo, a popular social media platform, several […]
An important segment of India’s business community woke up Wednesday to a fright: President Trump had again brandished the threat of tariffs on pharmaceutical imports. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” he told guests at a dinner held by the National Republican Congressional Committee. India has spent most of […]
NASA will prioritize sending American astronauts to Mars, President Trump’s nominee to lead the space agency will tell a Senate committee on Wednesday. The nominee is Jared Isaacman, the chief executive of the payment processing company Shift4 Payments, who is a close associate of Elon Musk, the founder of SpaceX. As someone who has led […]
Nathan Bevan BBC News, South East Getty Images Households claiming certain benefits and in energy-efficient properties are eligible (stock photo) Hundreds of households in West Sussex have benefited from cash grants to help with the cost of living. Adur & Worthing Councils said they had written to more than 600 households claiming Housing Benefit or […]
The morning after the Dallas Mavericks traded Luka Dončić, fans gathered outside American Airlines Center to protest the move. They brought signs declaring their Mavericks fandom dead and laid flowers near the statue of franchise icon Dirk Nowitzki. A few fans even held a mock funeral, carrying a coffin to the south plaza as Wiz […]
Behind President Trump’s decision to hit some of America’s largest trading partners with stiff tariffs is his fixation on the trade deficit that the United States runs with other nations. But many economists say that is a poor metric for judging the quality of a trade relationship. The steep tariffs, which went into effect on […]
Here is where things stand on Wednesday, 9 April: Fighting The Ministry of Defence in Moscow said its units intercepted and destroyed 23 Ukrainian drones overnight on the border in Russia’s Kursk and Belgorod regions. The ministry also said Russian forces mounted a shock attack and recaptured the village of Guyevo in Kursk, which had […]
The Post Office has said it will offload the remaining 108 branches it directly owns and will move to a fully franchised network. About 1,000 staff working in these branches will be offered a choice to move to work for any new owner or take voluntary redundancy. It is understood the Post Office has received […]