In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
A leading international policy group warns that global economic growth is set to slow to just 2.9% due to Donald Trump's tariffs. The OECD has revised forecasts for both the US and UK economies, highlighting rising trade tensions and economic uncertainty.
As tensions rise over tariffs, the EU and US are in urgent talks to secure a trade deal. President Trump delays tariffs after a key call with EU leaders, but doubts remain about the outcome.
In a surprising announcement, Jaguar Land Rover has confirmed it has no intentions of building cars in the US, citing President Trump's tariffs as a significant factor. This comes after a pause in shipments and growing concerns across the motor industry about the unpredictable trade landscape.
China experiences consumer deflation for the third consecutive month, impacted by US tariffs and sagging domestic demand. What does this mean for the global economy?
A new trade deal allows British carmakers to export 100,000 vehicles to the US at a lower tariff rate than their North American counterparts. This raises concerns among American automakers who fear it could set a precedent for future trade agreements.
Britain is poised to become the first country to sign a trade deal with the U.S. after recent tariff announcements. Is this the breakthrough UK businesses have been waiting for?
China has finally agreed to trade talks with the Trump administration as tariffs threaten to spike costs for popular tech products by $123 billion annually. Will these negotiations ease the burden on American consumers?
The US has implemented a 25% tariff on imported auto parts, potentially increasing vehicle prices and repair costs. This move, part of Trump's push for domestic manufacturing, has far-reaching implications for car owners.
The White House condemned Amazon's plans to reveal tariff costs imposed by Trump, calling it a 'hostile act' and criticizing the company's past ties to China. Amazon's stock fell 2.2% following the announcement.
