British tax burden at 50-year high, according to TaxPayers’ Alliance December 2, 2018 The TaxPayers’ Alliance campaign group has called for lower taxes as ‘poorest’ families struggle with current levels. The TPA, linked to the Atlas Network of free market advocates, said the UK’s tax take was at a 50-year high of 34.6 per cent of GDP. National current receipts are at a 21-year high as a proportion [...]
Trump cancels new tariffs as China pledges to reduce trade gap December 2, 2018 US president Donald Trump has scrapped plans to increase tariffs on Chinese goods, in an announcement that sees the year-long US-China trade war cool considerably. The White House announced it would hold fire on raising tariffs on $200bn (£156bn) worth of goods from China. They had been scheduled to increase to 25 per cent from 1 [...]
US, Mexico and Canada sign new trade deal November 30, 2018 The US, Mexico and Canada today signed a new deal governing the more than one trillion dollars (£780bn) worth of trade between the three countries. US President Donald Trump, Canada’s Prime Minister Justin Trudeau and Mexico’s President Enrique Pena Nieto signed the deal known as the United States-Mexico-Canada Agreement today in Argentina at the start [...]
Trump lawyer admits lying to Congress over president’s Russian affairs November 29, 2018 The former lawyer of US President Donald Trump has admitted he lied to Congress amid an investigation into Russia’s role in the 2016 election. Michael Cohen, who served as then-businessman Trump’s personal lawyer for several years, pleaded guilty following charges filed by special counsel Robert Mueller last night. Cohen said that he had included false [...]
Trump cancels meeting with Putin over Ukraine crisis November 29, 2018 US President Donald Trump has cancelled a meeting with Russian leader Vladmir Putin after the Russian navy seized two Ukranian vessels. The leaders were due to meet at the G20 in Argentina over the weekend, and the meeting was confirmed earlier today by the Kremlin. However, this afternoon Trump cancelled the meeting, citing Russian aggression [...]
Theresa May tells Trump the UK can sign trade deals under her Brexit plan November 27, 2018 Theresa May has hit back at claims from Donald Trump her Brexit agreement prevents a new trade deal between the UK and US. Speaking in the garden of the White House on Monday, the US president cast doubt on the UK’s ability to have an independent trade policy after Brexit under the terms of May's deal. [...]
Theresa May challenges Corbyn to Brexit TV debate on eve of parliament’s vote November 27, 2018 Theresa May has thrown down the gauntlet to her Labour rival over Brexit, challenging Jeremy Corbyn to a televised debate. The Prime Minister claimed the Labour leader hasn’t got a plan for Brexit, despite criticising the deal she is trying to win support for ahead of a crucial parliamentary vote next month. “I am willing [...]
Donald Trump dumps on Theresa May’s Brexit deal November 26, 2018 Donald Trump gave Theresa May a Brexit headache on Monday evening, describing the agreement reached between London and Brussels as "great for the EU." The US President also warned the government's proposed deal with the EU could prevent a future trade deal between the UK and US. Trump's comments came as the Prime Minister was [...]
Trump threatens to close Mexico border permanently after migrants storm crossing November 26, 2018 President Donald Trump today said the US will close its border with Mexico permanently if needed as he repeated calls for a wall between the two countries. “Mexico should move the flag waving Migrants, many of whom are stone cold criminals, back to their countries,” Trump said today on Twitter. “Do it by plane, do [...]
America’s call to kick China out of the WTO is in no one’s interest November 26, 2018 China has “misbehaved” when it comes to global trade. That’s according to one of Donald Trump’s key economic advisers, who suggested last week that China should be evicted from the World Trade Organisation (WTO). It’s a clever move from the US administration, which conflates its dissatisfaction with multilateralism with the President’s putative trade war. If you [...]