The imposition of tariffs by former President Donald Trump during his first term has significantly impacted global trade dynamics. A case in point involves the container ship that was midway
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Economists caution that the recent increase in US tariffs could plunge the UK European Union and various Asian economies into recession. The White House has raised average tariffs from 2.5%
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 Bank of England’s governor, Andrew Bailey, has warned of substantial risks to the UK economy and the global economy stemming from President Trump’s aggressive trade policies. Speaking to MPs
President Trump’s decision to impose sweeping tariffs on goods from Canada, Mexico, and China has brought an end to weeks of speculation over his trade policies. The introduction of these
Deutsche Bank has sounded the alarm on the potential decline of the US dollar’s long-held safe haven status. Recent developments in global markets suggest cracks are beginning to show in
The global energy landscape stands poised for a significant transformation as prospects of peace between Russia and Ukraine emerge, potentially reshaping market dynamics in favour of US interests. The anticipated
The United States has become a precarious investment destination under Donald Trump’s leadership, according to Nobel prize-winning economist Joseph Stiglitz, who warns of looming stagflation risks amid escalating policy uncertainties.
One of the world’s leading computer manufacturers has announced a significant price increase directly attributed to Donald Trump’s latest trade policies. Acer’s chief executive and chairman, Jason Chen, has confirmed
Scottish salmon exports have reached unprecedented heights, with overseas sales soaring to £844 million in 2024, marking a substantial 45 per cent year-on-year increase. The impressive figures, reported by HM
Consumer inflation in China accelerated to its highest rate since August, driven by increased spending ahead of the lunar new year celebrations. The latest data from the Chinese National Bureau
The United States is set to impose 25 percent tariffs on all steel and aluminium imports, marking a significant intensification of President Trump’s protectionist trade policies. The announcement, made aboard
The world’s largest spirits manufacturer, Diageo, has abandoned its medium-term sales growth target of 5-7% amid mounting pressures from potential US tariffs and global market volatility. The decision marks a
In an unprecedented move, JPMorgan, the world’s leading bullion dealer, has announced plans to deliver £4 billion worth of gold bullion to New York this February. The delivery, comprising 30
The British pound experienced its most significant single-day rise against the US dollar in over a year, climbing 1.1 per cent to reach $1.23. This surge came after reports emerged
