China’s exports to the United States fell sharply last month, triggering a 21 per cent collapse in goods shipments to one of its key trading partners. This decline follows the
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The UK’s FTSE 100 index experienced a modest rebound on Friday, gaining 23.19 points or 0.3%, closing at 8,554.80. However, this minor uplift was not enough to offset a challenging
Barbie-maker Mattel has announced plans to reduce its reliance on China-sourced products for the US market while raising prices in response to the tariff policies introduced under Donald Trump’s administration.
The UK services sector, which contributes approximately three-quarters of the country’s overall economy, saw its first contraction in 17 months this April. This downturn comes as global economic uncertainties, triggered
Donald Trump’s administration has reportedly relegated a potential UK-US trade deal to a lower priority, casting doubt over Britain’s ambitions to finalise such an agreement within weeks. Sources familiar with
Starbucks has reported a sharper-than-expected fall in global comparable sales, raising concerns over the success of its turnaround strategy. The coffee giant revealed a 1% decline in same-store sales during
Chinese fast-fashion giant Shein has implemented substantial price increases for its American customers in response to Donald Trump’s heightened tariff policies. The online retailer, known for its low-cost offerings, has
Former US President Donald Trump has ignited significant geopolitical discussions following his demands for American military and commercial vessels to be granted free passage through the strategic Panama and Suez
The once-thriving Chinese investment in Bordeaux vineyards has entered a challenging phase. What began as a love affair with French wine and the prestige of owning vineyards in the renowned
The United States’ recent tariff policies, implemented as part of a broader protectionist agenda, have significantly reshaped the global trade landscape. As of April 2025, the U.S. has enacted sweeping
The UK and its G7 allies are contemplating a reduction of the current cap on Russian oil export prices, deemed ineffective by experts. The existing limit of $60 per barrel
Volkswagen has announced plans to introduce an import fee on vehicles shipped to the United States. This decision comes as a direct response to President Trump’s 25 per cent tariffs
President Trump’s recent announcement of a comprehensive tariff strategy is set to radically disrupt the global trade order. This drastic measure will elevate the United States’ effective tariff rate to
The chief executive of Airbus Guillaume Faury has issued a stark warning about the potential consequences of the ongoing trade war between the United States and Europe. Speaking at a
The pound has risen to a four-month high against the dollar as fears of a US recession deepen following President Donald Trump’s trade policy announcements. Sterling edged up by 0.1pc
The UK steel industry faces significant challenges as President Trump’s latest tariffs tighten their grip on global trade. The new measures impose a 25 per cent levy on aluminium products
