Tariffs
Keir Starmer, the UK prime minister, is under pressure to implement a trade deal with Donald Trump before the UK is hit with crippling 50 per cent tariffs on steel imports. The deadline looms large with just days to go, as the US president has announced a 50 per cent
Tariffs
As the global economy grapples with rising uncertainty, investors are flocking to gold as a safe haven asset. The metal has surpassed the euro to become the world's second-largest reserve asset among central banks, passing a record buying spree. Central banks hold gold as a kind of rainy
Tariffs
As world leaders gather in the Canadian Rockies for the G7 summit, the global economy will be on high alert as discussion of the U.S. trade war, sparked by President Donald Trump's combative tariffs, is expected to dominate the sidelines rather than the official agenda. Despite Canada
Tariffs
US President Donald Trump has accused Federal Reserve chair Jay Powell of being a "numbskull" for not cutting interest rates, saying the White House may "have to force something" if the US central bank does not reduce borrowing costs. Trump's comments come as the
Tariffs
Britain is set to win crucial parts of a trade deal with the US, in exchange for improved access to the UK for American agricultural products. The "cars-for-agriculture" deal will see Washington cut tariffs on British car exports from 27.5% to 10% for the first 100,000
Tariffs
The ongoing trade tensions between the United States and China, as well as other countries, have significantly impacted the global trade landscape. President Trump's tariff regime has introduced new complexities for businesses, requiring expert guidance to mitigate risks. Experts recommend proactive strategies, such as leveraging CTPAT membership, to
Tariffs
Thailand's economic growth is set to be modest in 2025, with a projected 1.8% growth rate according to TRIS Rating. The ratings agency has highlighted the potential impact of U.S. import tariffs on the country's fragile economy. Public sector investment is expected to be
Tariffs
Senator Peter Welch (D-VT) pressed Treasury Secretary Scott Bessent on the negative impact of the Trump Administration's trade policies on Vermont businesses, manufacturers, farmers, and families. The Trump Administration's erratic trade policies have led to a significant increase in costs for Vermont businesses and farmers, causing
Tariffs
As the G7 summit in Kananaskis, Alberta, gets underway, world leaders are preparing to navigate the complex terrain of U.S. President Donald Trump's trade policies, which have severely disrupted the global economy. While the official agenda focuses on security, critical-mineral supply chains, artificial intelligence, and private-sector investment
Tariffs
After two days of tense negotiations in London, the United States and China have reached a handshake agreement to remove some of the harmful measures they had used to target each other's economies. While officials from both countries welcome the development, many analysts and experts remain skeptical about
Tariffs
The UK and the US are on the cusp of finalizing a trade deal that will significantly reduce tariffs on British car exports, facilitating the import of more beef and ethanol. The deal, negotiated by Britain's business secretary Jonathan Reynolds, is expected to be signed within the next
Tariffs
Economists had long forecast that the latest round of tariffs imposed by President Trump would lead to a significant increase in consumer prices. However, new data suggests that inflationary pressures remain more muted than expected, leaving forecasters to reassess their predictions. While economists acknowledge that tariffs have affected prices, they
