Since returning to power, US President Donald Trump has wielded tariffs – or the threat of them – as his economic weapon of choice.
Category: Business
Appeals Court Pauses Ruling: Trump Tariffs Stay For Now
A federal appeals court has temporarily allowed former President Donald Trump to continue collecting a wide range of import taxes, hitting pause on a lower […]
India GDP grows faster than expected, latest figures show
India’s economy grew by 7.4% in the period between January and March – up from 6.2% the previous quarter and significantly beating analyst expectations.
UK Car Output Hits 70-Year Low: Tariffs, EV Shift Blamed
The number of vehicles manufactured in the UK fell sharply last month, as US tariffs and the timing of Easter hit production.
Elon Musk Departs Trump Govt Efficiency Role; DOGE Mission Continues?
Elon Musk, the prominent tech entrepreneur, has concluded his formal tenure as a “special government employee” within the Trump administration, where he led a controversial […]
Musk’s 129 Days: 5 Ways He Impacted Trump’s White House
Elon Musk’s brief, 129-day tenure within the Trump administration as head of the Department of Government Efficiency (dubbed “Doge”) was marked by ambition, controversy, and […]
Temu Owner PDD Holdings Profit Plunges 47% on Tariffs, Trade War
PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President Donald Trump’s trade policies added to its struggles in its home country.
Skittles Removes Controversial Titanium Dioxide Additive in US
Skittles in the US are no longer being made with titanium dioxide, a colour additive that was banned in the European Union in 2022 over possible health risks.
Tesco’s New ‘VAR’ Cameras Hit Self-Checkout: Shoppers React
Tesco’s introduction of AI technology to some self-checkouts has led to customers joking that it bears a striking resemblance to the Video Assistant Referee (VAR) technology used in football.
UK Food Inflation Hits 1-Year High: Why Beef Prices Are Soaring
Higher beef and fresh produce prices has pushed UK food inflation to an annual high, according to industry data, with the boss of one steakhouse chain telling the BBC the cost of the meat had risen by a fifth.