Major ports across the UK and mainland Europe are experiencing significant congestion as vessels laden with goods between the US and China find themselves trapped due to the ongoing trade
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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
The Bank of England has issued a stark warning regarding the potential fragility of the UK economy, highlighting significant risks prompted by global events. According to the financial policy committee,
In a significant development amid ongoing trade tensions, the European Union has opted to remove plans for imposing retaliatory tariffs on American bourbon. This decision follows intense lobbying efforts from
Two of America’s leading financiers have issued strong warnings to President Trump regarding his aggressive stance on tariffs. Jamie Dimon, the chief executive of JP Morgan Chase, has expressed concern
China’s currency has depreciated to a 20-month low in response to escalating trade tensions with the United States. The renminbi, which is subject to a fixed trading range set by
Global financial markets have been thrown into disarray as Donald Trump’s escalating trade war has knocked trillions off the value of the world’s largest companies while intensifying fears of a
President Trump’s sweeping tariffs have caused upheaval in global financial markets, resulting in a dramatic reduction of over $2 trillion from the S&P 500 index. Notably, major US tech and
Elon Musk’s SpaceX is making a substantial effort to evade tariffs on equipment imported from China as tensions escalate under President Donald Trump’s trade policies. The rocket company has formally
On March 26 2025 Donald Trump announced an ambitious plan to impose tariffs of 25 percent on all vehicles imported into the United States This significant decree aims to generate
Andrew Bailey, Governor of the Bank of England, faces mounting challenges as Donald Trump’s aggressive trade war continues to disrupt the global economy. Having only just begun to get a
President Donald Trump has reignited trade tensions between the United States and the European Union by threatening a substantial 200 per cent tariff on wine, champagne, and other alcohol products
Consumers in the United States have been urged to prepare for increased prices following the implementation of new tariffs by former president Donald Trump. On Monday, a 25 per cent
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
Global markets face mounting uncertainty as Donald Trump’s decision to impose blanket 25% tariffs on steel and aluminium imports has triggered sharp criticism from major trading partners, raising concerns of
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
