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tariff war

  • Anglo American: Revenue takes hit amid Trump tariff turmoil

    July 31, 2025

    Anglo American’s revenue has taken a hit as tariff turmoil dented trading levels for the mining company.  The FTSE 100 giant is taking a greater focus on copper but it has not escaped the threat of President Donald Trump’s threats on all commodities including the red metal.  Late on Wednesday, the US president said he [...]

  • FTSE 100 hits all-time high as trade deal hopes lift global markets

    July 23, 2025

    The FTSE 100 closed at another all-time high on Wednesday on hopes the United States’ trade deal with Japan would spark a flurry of similar pacts between the Trump administration and America’s largest trading partners. London’s blue-chip index closed up 0.5 per cent to hit a record high of 9080 points, in the latest and [...]

  • Is Trump going to save TikTok… again?

    June 19, 2025

    TikTok’s future in the US is once again in limbo – but this time, fewer in both Wall Street and Washington are taking the threat seriously. In a move that surprised few but frustrated many, President Donald Trump is reportedly preparing to delay a divest-or-ban deadline for the third time in the last six months, [...]

  • Group owned by Dragons’ Den star Touker Suleyman makes just £3,000 profit

    June 12, 2025

    A fashion brand owned by Dragons’ Den star Touker Suleyman made a profit of just £3,000 as it returned to the black in 2024, it has been revealed. The company behind Low Profile posted the pre-tax profit after reporting a loss of £2.6m in 2023. New accounts filed with Companies House also show that Suleyman’s [...]

  • British Steel braces for fresh Trump tariff blow

    June 3, 2025

    The British steel industry is gearing up for the hammer blow of fresh US tariffs after Downing Street could not confirm that steelmakers would be exempt from the levies. The UK government unveiled a trade deal with the US last month, under which metal exports would be exempted from punitive tariffs.  But negotiations on the [...]

  • Pound edges closer to multi-year high against dollar amid erratic US tax policy

    June 2, 2025

    The pound has edged closer to a multi-year high against the dollar as investors doubled down on predictions that the greenback would continue to weaken into the second half of the year. Sterling was up around 0.6 per cent against the dollar by Monday evening to $1.3523, a rise of more than 8 per cent [...]

  • Radley London to raise prices to combat Trump’s tariffs

    June 2, 2025

    Luxury handbags brand Radley London has warned it will increase its prices in the US amid the ongoing uncertainty surrounding US President Donald Trump’s tariffs. The business, which designs and manufactures luxury handbags, purses and other women’s accessories, said the tariffs the US government has placed on goods being imported from India could hit its bottom [...]

  • Sport teams safe bets as valuations buck Trump tariff slump

    May 30, 2025

    Valuations of sports clubs have survived “recent market volatility stemming from President Donald Trump’s tariffs”, top analysts have said amid market turmoil as a result of decisions made in the White House. Sports clubs have seen their valuations remain stable, and in some cases rise, despite huge hits elsewhere, including the manufacturing industry – due [...]

  • Trump tariff policy in tatters after being ‘declared invalid’ by US court

    May 29, 2025

    Donald Trump’s sweeping global tariff plans have been thrown into doubt after a court said the US President’s executive orders under which they were introduced were “declared to be invalid as contrary to law.” The US Court of International Trade found that the president lacked the authority to use emergency economic powers legislation when he [...]

  • EU firms should move plants to UK to avoid tariff ‘flare ups’

    May 27, 2025

    European companies should urgently ramp up manufacturing capacity in Britain to avoid the worst effects of Donald Trump’s tariff regime, a top accountancy firm has said. According to Alex Altmann, head of the German desk at Lubbock Fine, the 10 per cent US import tariff agreed as part of newly inked UK-US trade pact has [...]

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