Tariffs
Bank of England policymaker Alan Taylor has dismissed the recent stronger-than-forecast inflation and growth data as one-off factors driving the current upsurge in inflation. He has renewed his call for lower interest rates, citing the drag on growth from uncertainty generated by US President Donald Trump's trade war.
Tariffs
Chinese Premier Li Qiang's message to South-east Asian and Middle Eastern leaders in Kuala Lumpur was clear: at a time of rising protectionism and uncertainty in global trade, Beijing wants to deepen its trade ties with the two regions. The gathering of 10 Asean countries and 6 Gulf
Tariffs
U.S. President Donald Trump's defeat in a global tariff policy case has raised concerns about the potential delay in implementing promised tariff cuts on British car and steel exports. Despite Trump and UK Prime Minister Sir Keir Starmer's vow to cut tariffs, including on British
Tariffs
Nvidia, the US-based chip designer, reported a near 70% surge in quarterly revenues, exceeding Wall Street estimates despite the challenging operating environment caused by the US-China trade war and new export restrictions on its China sales. The company's revenue for the quarter to April 27 reached $44.1
Tariffs
India has made significant concessions in talks with the US, offering deep cuts to its import tariffs on a range of goods, but is refusing to budge on sensitive agricultural commodities such as grains, dairy products, and almonds, say sources close to the negotiations. The Indian government is racing to
President of the United States
A federal appeals court has granted a temporary stay to the Trump administration's tariffs, after a lower court ruled most of them were illegal and must be halted. This move is the latest development in a tumultuous trade war, which was sparked by President Trump's announcement
Trump, Donald
President Trump's administration, along with mediators seeking a truce in the Gaza Strip, face conflicting messages from Israel, Hamas, and the Trump administration itself regarding negotiations to end the war. Despite efforts to urgently broker a cease-fire and free the remaining hostages, statements from key parties have created
Trump, Donald
Several EU governments are urging a quick agreement with the US to prevent Donald Trump's threat of 50% tariffs on the bloc, with leaders making phone calls to US President Trump and European Commission President Ursula von der Leyen to negotiate a deal. Italian Prime Minister Giorgia Meloni
Trump, Donald
As King Charles III and Queen Camilla embarked on their first trip to Canada as monarch, the atmosphere was marked by a sense of calm, with few Ottawans seeming to know about the Royal visit. However, beneath the surface, the visit was seen as a strategic move by Prime Minister
Trump, Donald
President Trump's fresh threat of tariffs on European imports has reignited trade tensions between the United States and Europe, causing stocks to plummet and the global economy to teeter on a precipice. The President's early morning social media post announcing a 50 percent tariff on European
Tariffs
As the trade war between the US and EU escalates, President Trump announced plans to impose a 50% tariff on EU exports starting next month, citing stalled talks as the reason. The move comes just two weeks after the US agreed to slash tariffs with China in a deal that
Tariffs
As the trade war between the US and EU escalates, President Trump announced plans to impose a 50% tariff on EU exports starting next month, citing stalled talks as the reason. The move comes just two weeks after the US agreed to slash tariffs with China in a deal that
