“Staring down the barrel at high costs”: US tariffs and financial news for UK businesses spell an uncertain future

“Staring down the barrel at high costs”: US tariffs and financial news for UK businesses spell an uncertain future

Donald Trump’s new global tariff hikes, set to take effect from Tuesday, have left UK businesses facing uncertainty and higher costs. Governments around the world have been scrambling for information since Friday, when the US Supreme Court struck down his “Liberation Day” tariff policy and the President announced a temporary 15% tax on imports into…

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Trump tariffs still creating “huge uncertainty” after Supreme Court ruling, experts say

Trump tariffs still creating “huge uncertainty” after Supreme Court ruling, experts say

The Supreme Court’s decision on Friday to strike down President Trump’s Liberation Day tariffs will not relieve American companies of their concerns about the direction of trade policy. William Reinsch, senior adviser at the Center for Strategic and International Studies and former chairman of the National Foreign Trade Council, said businesses and U.S. trading partners face…

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US stocks today: Market surges after Supreme Court strikes down Trump tariffs; Investors are weighing the weak data

US stocks today: Market surges after Supreme Court strikes down Trump tariffs; Investors are weighing the weak data

Supreme Court struck down President Donald Trump’s sweeping tariffs U.S. stocks rose modestly in temporary trading Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had earlier contributed to market volatility, the AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500…

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Trump states that the ‘outline of a future agreement’ regarding Greenland was discussed, and he has dropped the threat of tariffs.

Trump states that the ‘outline of a future agreement’ regarding Greenland was discussed, and he has dropped the threat of tariffs.

Bernd Debusmann Jr, White House correspondent WATCH: BBC’s Faisal Islam on how Trump’s Davos speech was received President Donald Trump says the US is exploring a possible deal on Greenland after talks with NATO backed off by threatening to impose tariffs on European allies who opposed his US plans to acquire the island. On social media,…

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EU and Mercosur block sign major trade deal, rejecting ‘tariffs’ and ‘isolation’

EU and Mercosur block sign major trade deal, rejecting ‘tariffs’ and ‘isolation’

Asuncion: South American and European Union officials signed a major trade deal on Saturday, which they welcomed as a powerful message at a time of tariff threats, global uncertainty and protectionism. The agreement between the 27-nation European Union and Mercosur ‘s members Brazil, Argentina, Uruguay and Paraguay creates one of the world’s largest free trade…

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