Jaguar Land Rover has announced it will “pause” all shipments to the US as it works to “address the new trading terms” after tariffs were imposed earlier this week. A 25% tariff on car imports came into force on Thursday, one of several measures announced by US President Donald Trump which have sent shockwaves through […]
The Republican Party embarked this week on a haphazard experiment in economic policymaking, wagering that the United States can weather a monumental tax increase in the form of broad tariffs on imported goods as long as Congress also cuts taxes on income. It’s a mash-up that many investors, economists and even some G.O.P. lawmakers expect […]
The nation that the Trump administration slapped with the heftiest tariff this week is a small, rural, landlocked country in southern Africa that is among the world’s poorest. Lesotho, which makes denim that goes into American-branded jeans, was hit with a 50 percent tariff. It was among several lower-income countries on the continent that were […]
It was much worse than expected. President Trump’s attempt to reverse the rules of global trade through sweeping tariffs against dozens of nations, including major partners like the European Union, Japan and China, has caused a meltdown in global markets and sent corporate boardrooms scrambling. Today, 10 percent tariffs go into effect on all of […]
Laura Kuenssberg Presenter, Sunday with Laura Kuenssberg•@bbclaurak BBC Prime Minister Sir Keir Starmer watched in his flat. Chancellor Rachel Reeves saw it in her study. The Business Secretary Jonathan Reynolds, accompanied by staff and pizza, took in President Donald Trump’s big tariffs reveal on Wednesday from his office in Old Admiralty Arch, from where the […]
Cristiano Ronaldo scored twice in the second half, including a penalty, to guide Al Nassr to a 3-1 win over Riyadh rivals Al Hilal in the race for the Saudi Pro League title on Friday. Al Nassr remain in the third place with 54 points but they are now three points behind second-placed Al Hilal and […]
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, despite the economy so far remaining in a “good place.” “While uncertainty remains elevated, it is now becoming clear that […]
Find out who is missing through injury, who’s in a race against time to prove their fitness and who has been ruled out through suspension for the next round of Premier League fixtures. And as you plan your fantasy team for the next gameweek, check out the Expected XIs for all 20 clubs. Positions: Goalkeeper […]
Simon Jack Business editor Getty Images As stock markets continue to tumble after the US imposition of sweeping and swingeing tariffs, many are asking does this qualify as a stock market “crash” and what that could mean for them. The word crash has been used sparingly over the decades and is usually reserved for a […]
Four private astronauts ended a mission in a SpaceX vehicle on Friday by splashing down in waters near Oceanside, Calif. It was the first time the company had brought people back to Earth in the Pacific Ocean, after six years of its Dragon capsule splashing down off Florida in the Atlantic Ocean or the Gulf […]