The Latest Breaking News on UK-US trade deal could come into effect in ‘a couple of weeks’, Starmer says

U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers

US president decides to ‘provide different treatment’ to UK after deal struck last month

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The OECD forecasts a continued slowdown in global economic growth this year, driven by persistent trade tensions — such as US tariffs — and stubbornly high inflation.

The latest Barclays business prosperity report found 79% of firms are concerned about the global trade war sparked by US President Donald Trump.

Andrew Bailey tells MPs pattern of trade deals and lower tariffs ‘blown up’ with serious impacts for global economy

Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more interest rate cuts from the European Central Bank

"Empty shelves at retail" incoming.

Andrew Bailey told MPs during a Treasury Committee session that the Bank had ‘genuine concerns’ about escalating trade tensions.