FTSE 100 falls as cost of Donald Trump’s tariff plans revealed November 26, 2024 In a post on Truth Social platform, the president-elect said he will impose a 25 per cent tariff on all goods from Canada and Mexico, higher than markets had anticipated.
Why Donald Trump’s love affair with tariffs will only end badly November 26, 2024 A lot of ink has been spilled trying to work out what impact this will have on the global economy. To cut a long story short, nobody knows exactly what will happen - but it is not going to be good.
Diplomat tells business leaders: Special relationship ‘isn’t going anywhere’ with Trump’s return November 25, 2024 The UK-US “special relationship isn’t going anywhere”, a senior diplomat has predicted, ahead of Donald Trump’s return to the White House in January. Matthew Palmer, deputy chief of mission at the US embassy in London, told attendees the two countries “transatlantic alliance” and “economic relationship” was one of the most “resilient and adaptable relationships in [...]
Trump’s election means it’s time to take Bitcoin seriously November 25, 2024 Bitcoin was once dismissed as a tulip bubble, but it’s becoming increasingly clear that – in an era of fiat money inflation – it is the best way back to sound money The incoming Trump administration has announced its intention to back a “strategic Bitcoin reserve”. That catapults what was once a fantastical thought experiment, [...]
The pound will remain resilient in a trade war November 24, 2024 Trump’s tariffs will harm the world economy but the UK will be one of the least affected developed countries, says Tomasz Wieladek With President Trump heading back to the White House, US trade policy is anticipated to change fundamentally. We expect the US will impose tariffs on its major trading partners and to some extent [...]
Trump taps Scott Bessent for Treasury, capping long drama over choice November 23, 2024 President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as US Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic, regulatory and international affairs. Wall Street has been closely watching who Trump would choose, especially given his plans to [...]
Ed Warner: Gold rush for athletes as sport venures into crazy territory November 21, 2024 Too much money chasing too few goods spells inflation. In the madcap pursuit of novel sporting ventures it is the athletes whose prices are swelling.
A MAGA playbook for business November 21, 2024 What did one of Britain’s top storytelling and speaker coaches learn from a Trump rally? As a storytelling and speaker coach, I am usually behind the stage in rehearsal rooms, hotel rooms, green rooms or board rooms, crafting, dissecting and honing speeches, refining messages, and coaching leaders on their delivery. On a hot southern Sunday [...]
Why tech bros in the White House could be a good thing November 21, 2024 Elon Musk's appointment has certainly been divisive, but more tech expertise in government is only a good thing, writes Julia Adamson.
What Trump 2.0 means for the tax bills of UK businesses November 20, 2024 Tariffs, investment and deglobalisation: KPMG tax expert Tim Sarson takes us through what Trump's second presidency means for UK businesses.