UK-EU summit: To talk defence, Starmer has to talk fishing first Opinion Is the EU going to mug off Britain again? It will be our fault, writes Eliot Wilson ahead of the UK-EU summit in London.
EU pauses counter-tariffs after Trump backs down Economics President of the European Commission Ursula von der Leyen has said the European Union will pause their reciprocal tariffs against the US, but warned it will hit back if trade negotiations fail. In a post on X, von der Leyen said: “We want to give negotiations a chance… “If negotiations are not satisfactory, our countermeasures [...]
Trump’s plan for tariffs on drugmakers sinks FTSE 100 pharma stocks Pharmaceutical imports became the latest target for President Donald Trump’s tariffs, sending FTSE 100 drugmakers stock into the red. Astrazeneca plunged seven per cent and GSK 5.7 per cent. Haleon closed off over three per cent. This followed Trump reiterating his plans for tariffs on all “major” pharma imports during an event with the National [...]
ICC boss: Tit for tat tariffs response risks return to Great Depression April 3, 2025 A ‘tit for tat’ response to Donald Trump’s tariffs risks plunging the world into an economic slowdown redolent of the Great Depression, the head of the world’s largest trade body as warned. Speaking to City AM, John Denton, secretary general of the International Chamber of Commerce (ICC), cautioned world leaders that any “thoughtless and knee [...]
Trump slaps 25 per cent tariffs on all car imports March 27, 2025 President Trump announced late on Wednesday that he will impose a universal 25 per cent tariff on all car imports into the US, just hours after the Office for Budget Responsibility warned that fresh tariffs would erase Reeves’ newfound fiscal headroom. These new levies are part of a package of anti-trade measures from 2 April, [...]
EU hits back at US with €26bn in retaliatory tariffs March 12, 2025 The EU has announced retaliatory “countermeasures” on €26bn worth of US goods, as the global trade war sparked by Trump’s package of tariffs continues to rage. Early on Wednesday, European Commission President Ursula von der Leyen announced that there will be a two-stage process to implement the tariffs, first allowing current measures to lapse before [...]
Tory MP warns UK should ‘consider possibility Trump is a Russian asset’ March 4, 2025 A Conservative MP has warned the UK should “consider the possibility that President Trump is a Russian asset”. Graham Stuart, a former Foreign Office minister, posted the remark on X, formerly Twitter, after the US President halted military aid to Ukraine. Overnight, the White House suspended delivery of ammunition and other equipment to Kyiv after [...]
Exclusive: Labour overtake Tories as most trusted on defence, poll finds March 3, 2025 Labour has overtaken the Conservatives as the party most trusted to manage the UK’s defence and national security – and Brits overwhelmingly back the plan to fund an increase in defence spending by raiding the international development budget. Prime Minister Sir Keir Starmer’s Labour Party was chosen by 27 per cent of respondents compared to [...]
A seismic election won’t deliver the change Germany needs February 24, 2025 Friedrich Merz has emerged victorious in a general election which saw dramatic changes in German politics – but given that his party is responsible for many of the country’s problems, a radical about turn looks unlikely, says Rainer Zitelmann Friedrich Merz’s center-right Christian Democratic Union (CDU/CSU) emerged victorious in Germany’s general election, securing 28.6 per [...]
Steel tariffs: No10 won’t say if Trump wrong to impose import charges February 11, 2025 Downing Street has refused to say whether Donald Trump is wrong to impose 25 per cent tariffs on the UK’s steel exports to America. Trump’s executive order scrapped exemptions for the UK and all other countries, with all steel and aluminium exported to the States to face tariffs from March 12. Speaking from the Oval [...]