Illustration: Nate Kitch/The Guardian View image in fullscreen Illustration: Nate Kitch/The Guardian Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation Gaby Hinsliff There will be relief for carmakers but not much else to celebrate: Trump’s whims still hang over the UK – and the world – economy Hang… Continue reading Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff
Author: The Guardian Online News
New UK-US trade deal is a relief for Starmer but doubts, and tariffs, remain
The UK economy is fragile, but the agreement might alleviate some of the uncertainty around it. Photograph: Alberto Pezzali/Reuters View image in fullscreen The UK economy is fragile, but the agreement might alleviate some of the uncertainty around it. Photograph: Alberto Pezzali/Reuters Analysis New UK-US trade deal is a relief for Starmer but doubts, and… Continue reading New UK-US trade deal is a relief for Starmer but doubts, and tariffs, remain
Cars, steel and hormone-fed beef: the key points of the UK/US trade deal
Keir Starmer on a phone call with Donald Trump. Photograph: Alberto Pezzali/PA View image in fullscreen Keir Starmer on a phone call with Donald Trump. Photograph: Alberto Pezzali/PA Cars, steel and hormone-fed beef: the key points of the UK/US trade deal After weeks of negotiations, the UK and US have announced a new trade deal.… Continue reading Cars, steel and hormone-fed beef: the key points of the UK/US trade deal
Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video
1:06 Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video Speaking at a Jaguar Land Rover plant in the West Midlands, the British prime minister said the deal meant US tariffs on cars from the UK would be cut from 27.5% to 10% for 100,000 vehicles every year.… Continue reading Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video
BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
The BMW CEO, Oliver Zipse, said he expected a return to lower tariffs between the US, Canada and Mexico because the ‘costs are far too big for everybody’. Photograph: Héctor Retamal/AFP/Getty Images View image in fullscreen The BMW CEO, Oliver Zipse, said he expected a return to lower tariffs between the US, Canada and Mexico… Continue reading BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened
04.41 EDT UK business activity falls for the first time since October 2023 as trade tensions hurt economy Newsflash: Business activity across the UK has fallen for the first time in 18 months, as trade war fears batter the British economy. The latest poll of purchasing managers at UK service sector companies has found that business… Continue reading UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened
Renault and Citroën owner warn of ‘painful decisions’ if EU does not change rules for small cars
The Renault chief executive said there were too many rules designed for bigger and more expensive cars. Photograph: Ryhor Bruyeu/Alamy View image in fullscreen The Renault chief executive said there were too many rules designed for bigger and more expensive cars. Photograph: Ryhor Bruyeu/Alamy Renault and Citroën owner warn of ‘painful decisions’ if EU does… Continue reading Renault and Citroën owner warn of ‘painful decisions’ if EU does not change rules for small cars
Barbie maker raises prices due to Trump tariffs as Ford warns of $1.5bn cost
Barbie dolls on display in a department store in Beijing, China. The toymaker is planning to reduce China-sourced product in the US. Photograph: Andy Wong/AP View image in fullscreen Barbie dolls on display in a department store in Beijing, China. The toymaker is planning to reduce China-sourced product in the US. Photograph: Andy Wong/AP Barbie… Continue reading Barbie maker raises prices due to Trump tariffs as Ford warns of $1.5bn cost
BMW ends 180 agency staff contracts at Mini factory in Oxford
The Mini plant in Oxford employs 3,500 people and has been running well under capacity for five years. Photograph: Graeme Robertson/The Guardian View image in fullscreen The Mini plant in Oxford employs 3,500 people and has been running well under capacity for five years. Photograph: Graeme Robertson/The Guardian BMW ends 180 agency staff contracts at… Continue reading BMW ends 180 agency staff contracts at Mini factory in Oxford
McDonald’s and General Motors say Trump’s tariff war is harming business
Donald Trump serves up fries last year. McDonald’s says it is facing the ‘toughest of market conditions’. Photograph: Doug Mills/Reuters View image in fullscreen Donald Trump serves up fries last year. McDonald’s says it is facing the ‘toughest of market conditions’. Photograph: Doug Mills/Reuters McDonald’s and General Motors say Trump’s tariff war is harming business… Continue reading McDonald’s and General Motors say Trump’s tariff war is harming business