Government ‘prepared for all scenarios’ says minister as Trump tariffs loom January 19, 2025 The Government “has prepared for all scenarios”, a Cabinet minister has said, as questions about President-elect Donald Trump’s tariffs loom large ahead of the inauguration on Monday. Chief Secretary to the Treasury Darren Jones said “we need to see what the Trump administration do” but also that Mr Trump is “well known for wanting to [...]
How should the UK respond to Donald Trump’s tariffs? December 4, 2024 Trump's taste for tariffs is well known, proudly proclaiming in the election campaign it was the most beautiful word in the dictionary.
Lagarde urges EU leaders to negotiate ‘not retaliate’ on Trump tariffs November 28, 2024 Christine Lagarde said that a global trade war was "in nobody's interest" and would likely lead to a "global reduction of GDP".
Bank of England boss touts benefits of free trade as Trump tariffs loom November 14, 2024 With protectionism coming back into fashion around the world, Bailey owned up to being an "old-fashioned free trader at heart".
UK could negotiate exemption from Trump tariffs, former Senator says November 12, 2024 Many analysts have suggested that the threat of tariffs might be used as a negotiating technique.
Shares in spirits companies drop after ‘tit-for-tat’ Chinese brandy tariff October 8, 2024 Shares in international drinks companies fell this morning after China slapped an anti-dumping tariff on brandy imports from the EU, escalating trade tensions. The move from China came only days after the EU imposed a tariff of 45 per cent on Chinese electric vehicles for the next five years. The European Commission called it an “abuse” of [...]