The CEO of iconic British retailer Fortnum & Mason has issued a stark warning: US tariffs imposed by the Trump administration have severely damaged lucrative tea exports, costing the UK millions and threatening a historic trade relationship.
In a major policy reversal, Sir Keir Starmer's Labour Party has abandoned plans to impose tariffs on UK steel exports to the US, a direct concession to Donald Trump's protectionist agenda. The move signals a pragmatic shift in Labour's trade strategy.
Plans to slash US steel tariffs have been abruptly shelved ahead of Donald Trump's UK visit, in a major diplomatic move to avoid a political row. The decision, seen as a concession to the former President, raises questions about UK trade policy independen
Downing Street downplays prospects of a major UK-US trade agreement during Donald Trump's upcoming state visit, as political hurdles and protectionist policies cast doubt on a swift deal.
Deputy First Minister John Swinney faces backlash for raising US whisky tariffs with Donald Trump, as critics accuse him of exploiting a diplomatic meeting for SNP gain ahead of the Scottish elections.
Exclusive: Labour grandee Lord Mandelson is being lined up to head a powerful new 'Office for Trade and Competitiveness', a move mirroring the US's aggressive trade strategy under Trump.
Global markets reel as former President Donald Trump announces sweeping new tariffs on the EU, targeting key industries from cars to pharmaceuticals. The move sends the pound and euro tumbling and casts a shadow over Novo Nordisk's major UK investment pla
In a major boost for Scotland's economy, former political heavyweights Donald Trump and Peter Mandelson have brokered a groundbreaking agreement to dramatically reduce punitive US tariffs on Scotch Whisky, ending a long-standing trade dispute.
UK cheese exporters are grappling with a potential crisis as new Trump administration tariffs threaten to curdle a multi-million pound trade with the US. Discover how British dairy is fighting back.
Exclusive: Volkswagen Group secures a pivotal agreement with the US Trade Representative, exempting its luxury car imports from crippling 25% tariffs and securing its $4bn South Carolina investment.
In a dramatic escalation of his immigration policy, former President Donald Trump has announced a staggering 25% tariff on all Hyundai and Kia vehicles entering the United States. The move, which sent shockwaves through financial markets, is a direct reta
Exclusive: Donald Trump's seismic proposals to rebrand the Pentagon and impose massive tariffs on immigrant-sending nations send shockwaves through US political and defence establishments. Our live coverage analyses the implications.
A deep dive into the unintended consequences of the Trump administration's trade policies with India, which inadvertently strengthened China's economic and strategic position in Asia, leaving US interests weakened.
Exclusive investigation reveals how Trump's aggressive trade policies triggered a manufacturing exodus in Ciudad Juárez, costing jobs and crippling supply chains, with US consumers and businesses footing the bill.
Business Secretary Kemi Badenoch faces scepticism over her claim of a £100bn post-Brexit trade deal boost, as economists and opposition MPs demand evidence for the figures.
UK property market faces sharp correction as mortgage rates bite, while new US tariffs on China trigger global factory slowdown and market volatility.
Exclusive analysis reveals how Donald Trump's proposed aggressive tariff regime could trigger a transatlantic trade war, spike consumer prices, and hit British businesses hard if he wins the 2024 election.
A US federal appeals court has delivered a stunning rebuke to former President Donald Trump, declaring his administration's tariffs on foreign steel and aluminium unlawful. The ruling, which could have massive financial repercussions, opens the door for c
A US federal appeals court has delivered a seismic blow to former President Donald Trump's trade policy, declaring his administration's steel and aluminium tariffs unconstitutional. The landmark ruling from the Court of Appeals for the Federal Circuit cou
A major US federal court has delivered a stunning blow to former President Donald Trump's trade policy, ruling that his administration's tariffs on foreign steel were illegally imposed. The decision is a victory for American businesses that faced higher c
Exclusive report from Harrodsburg, Kentucky, where a major Apple supplier's factory is on the brink due to proposed Trump tariffs on Chinese imports, threatening hundreds of local jobs and revealing the human cost of global trade wars.
China's Ministry of Finance issues a stark warning to the US, condemning Donald Trump's proposed 60% tariffs as a 'grave threat to global economic stability' and vowing 'necessary measures' in response.
Former US President Donald Trump proposes drastic 50% tariffs on Indian goods, risking global trade turmoil and higher prices for British shoppers. Experts warn of severe economic repercussions.
Exclusive: In a dramatic move, several allied nations have suspended arms exports to the United States, retaliating against former President Donald Trump's proposed tariff threats. This marks a significant escalation in global trade tensions.
British households face a double blow as Ofgem announces a significant winter energy price cap increase, while former President Trump's proposed tariffs on Indian goods threaten to fuel wider inflation.
Former US President Donald Trump threatens India with 'very major' sanctions if it continues purchasing Russian oil, signalling a dramatic shift in trade policy that could destabilise global energy markets.
Former President Donald Trump announces sweeping 20% tariffs on all imports, risking a major global trade war and economic upheaval. Experts warn of soaring prices and market turmoil.
Former US President Donald Trump has proposed imposing massive tariffs of up to 50% on Indian imports if re-elected, targeting what he calls 'unfair trade practices' and signalling a potential rupture in US-India relations.
Former President Donald Trump threatens to impose staggering 25% tariffs on UK tech giants and luxury goods in retaliation for Britain's Digital Services Tax, risking a full-blown transatlantic trade war.
In a dramatic escalation, Canada retaliates against US tariffs with a C$3.6 billion package targeting Wall Street and key industries, risking a new trade war and sending shockwaves through financial markets.