In a significant policy reversal, Canada has abandoned its digital service tax targeting American technology companies, mere hours before its scheduled implementation. The decision follows direct criticism from President Trump
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The future of Britain’s premier bioethanol facility hangs in the balance as Associated British Foods (ABF) signals potential closure of its Hull-based Vivergo plant by September, threatening 160 jobs amid
Donald Trump declared on Thursday evening that the United States has secured a trade agreement with China, though he remained characteristically vague about the specifics of the deal. The announcement
In a significant development for the UK automotive sector, Chinese manufacturer Chery Auto is evaluating plans to establish its second European manufacturing facility in Britain. The announcement comes as the
British alcohol tariffs are causing significant disruption to Spanish wine exports, with a notable 7.5 per cent decline in value during the first four months of this year. The implementation
British companies are hastily moving to renegotiate supplier contracts as they grapple with the looming impact of heightened US tariffs, fresh data reveals. A comprehensive survey examining firms with over
UK Ministers are working to ensure that Tata Steel, the country’s largest steel producer, benefits from tariff-free access to the United States under a new trade deal negotiated by Prime
The British luxury carmaker Bentley has reported a complete halt in its US sales as customers await clarity on lower tariffs promised under a recent UK-US trade deal. The deal
Labour Nears Historic Defence Deal with EU as British Industry Gains Access to 150 Billion Euro Fund
Sir Keir Starmer is on the brink of securing a landmark trade agreement with the European Union, potentially opening doors for British arms manufacturers to access a €150 billion European
Beijing confronts a pivotal choice regarding its massive US treasury holdings amidst escalating trade tensions with Washington. The world’s second-largest economy must weigh the risks of economic turmoil against accepting
Global logistics powerhouse DHL is set to suspend certain US-bound deliveries from Monday amid mounting pressures from Donald Trump’s trade policies, which have dramatically increased regulatory burdens on exporters. The
The US administration has unveiled plans to impose significant tariffs on Chinese vessels entering American ports, marking a substantial escalation in the ongoing trade dispute between the world’s two largest
Major delivery companies have issued stark warnings about the potential consequences of closing a tax loophole that currently allows Chinese e-commerce giants to ship low-value goods to Britain without customs
Rising shipping disruption triggered by the new tarrifs imposed are poised to drive higher retail prices and reduced product choice for UK shoppers, industry leaders have cautioned. Brandon Fried, executive
Two of China’s largest fast-fashion retailers have announced imminent price increases for their US customers as they grapple with Donald Trump’s substantial tariff implementations. Both Temu and Shein will face
The Chinese Embassy has launched a scathing attack on UK politicians, accusing them of “arrogance, ignorance and a twisted mindset” amid escalating tensions over the British Steel crisis. The diplomatic
