Barclays and HSBC shares jump after Trump’s legal blow Banking Shares in FTSE 100 banking giants rallied on Thursday after President Donald Trump’s tariff agenda was dealt a blow from the courts. Barclays and HSBC climbed over one per cent to 328.05p and 874.50p, while Standard Chartered jumped nearly two per cent to 1,158.00p. This came as the US Court of International Trade declared Trump’s [...]
Trump tariff policy in tatters after being ‘declared invalid’ by US court Legal 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 trade chief calls for ‘mutual respect’ after Trump tariff threats Politics The EU’s trade commissioner Maros Sefcovic said the bloc will secure a trade deal with the US in “good faith” guided by “mutual respect, not threats”. US President Donald Trump has threatened to slap 50 per cent tariffs on all EU goods sent to the United States. After a call with US trade representative Jamieson [...]
Trump order could see spike in Wimbledon and Formula 1 bribes February 16, 2025 Bribes, including tickets to Wimbledon and Formula 1, could spike this year after US President Donald Trump signed an executive order that will halt the prosecution of firms accused of bribery abroad. The Foreign Corrupt Practices Act (FCPA) has been in place since 1977 and has stringently looked down on firms using bribes on government [...]