President Donald Trump has threatened to impose tariffs of 25% on US imports from countries that purchase oil from Venezuela. Trump described the move as a “secondary tariff” aimed at punishing the Latin American country “for numerous reasons”, including allegedly […]
Donald Trump threatens US tariffs on countries buying Venezuelan oil Read More »
Thousands of Tesla Cybertrucks have been recalled in the US due to concerns about part of the electric car’s trim falling off in the model’s eighth and largest ever recall. The issue affects more than 46,000 trucks made in 2024
Elon Musk’s Tesla makes largest ever Cybertruck recall Read More »
The European Union (EU) has delayed plans to hit back at US President Donald Trump’s steel and aluminium tariffs until the middle of next month. The trading bloc was set to impose duties on US products, including a 50% levy
EU delays plans to hit back at US President Donald Trump’s tariffs Read More »
Getty Images The US central bank has left interest rates unchanged for the second time in a row, while warning that economic uncertainty had increased. The decision, which was widely expected, kept the Federal Reserve’s benchmark interest rate hovering around
Federal Reserve holds rates steady despite economic uncertainty Read More »
Amber Walliser A few days after Donald Trump won the US presidential election, Amber Walliser stocked up, spending $2,000 (£1,538) on appliances she believed would get more expensive as the White House started to put new taxes on imports But
Splurge or save? Americans struggle as Trump tariffs hit economy Read More »
Natalie Sherman Business reporter, BBC News Getty Images US President Donald Trump has pledged to impose more tariffs after his latest move to introduce import taxes on steel and aluminium entering the US prompted retaliation from the European Union (EU)
Trump hits back after retaliation to steel and aluminium tariffs Read More »
Getty Images During his election campaign last year, Donald Trump promised Americans he would usher in a new era of prosperity. Now two months into his presidency, he’s painting a slightly different picture. He has warned that it will be
Is the US headed into a recession under Trump? Read More »
Natalie Sherman Business reporter, New York Watch: Trump signs order pausing some Mexico and Canada tariffs It may have been drowned out this week as US President Donald Trump walked back tariffs on his closest neighbours – and biggest trading
Trump hits pause on tariffs Read More »
US President Donald Trump’s cuts to the government workforce have started to hit, but overall hiring last month remained stable as growth in other sectors offset those losses. The Labor Department said federal employment dropped by 10,000 in February. Across
US job growth stable as government cuts start Read More »
US President Donald Trump said he would temporarily spare carmakers from a new 25% import tax imposed on Canada and Mexico, just a day after the tariffs came into effect. The announcement by the White House came even as Trump
US temporarily exempts carmakers from Canada and Mexico tariffs Read More »
