Will we hear from Sir Keir Starmer in the Oval Office? The White House pushed back the time of the meeting by 30 minutes amid speculation that a call was being arranged with the prime minister during the event to announce the deal. Sources at the WHite House, where I am waiting to see the…
The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course by a global economy lurching from one crisis to another. On Thursday, British officials appeared to secure a win. The country is set to announce some form of trade deal with the United…
WASHINGTON — The United States and Britain are expected to announce a trade deal on Thursday that will lower the burden of President Trump’s sweeping tariffs and deliver a political victory for U.K. Prime Minister Keir Starmer. Trump posted on his Truth Social platform that a deal due to be announced at 7 a.m. Pacific will be…
Trump has said on Truth Social that the deal with the UK is “a full and comprehensive one”. He wrote it would “cement the relationship between the United States and the United Kingdom for many years to come”. The US president added: “Because of our long-time history and allegiance together, it is a great honour…
American and Chinese officials will finally hold trade talks later this week, a first attempt to limit the tariff war launched by President Trump on his “liberation day” on April 2. In a co-ordinated announcement, spokespeople for the two governments said Scott Bessent, the US treasury secretary, Jamieson Greer, the trade representative, and He Lifeng,…
BRUSSELS — The EU and Britain look set to seal a defense pact at a landmark summit this month as worries about US President Donald Trump and the war in Ukraine spur them beyond the wrangles of Brexit. Multiple EU diplomats and officials told AFP the signs are positive that a security agreement will be…
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese factories at unfathomable discounts. It also unleashed something else — a cascade of billions of dollars of digital advertising that provided a windfall for Meta, Alphabet…
Temu, the Chinese e-commerce platform, has stopped shipping products from China directly to customers in the United States, a spokesperson for the company said on Friday. Instead, all of its U.S. orders will be shipped from local warehouses in America. The change comes as the Trump administration closed a loophole that allowed products made in…
US President Donald Trump‘s sky-high tariffs imposed in China have started making an impact even though China puts up a brave front. Tariffs have struck when China’s economy is struggling to fully recover from the pandemic effects and is also grappling with sluggish domestic demand and a protracted property sector crisis.China’s leaders are downplaying the…
US President Donald Trump says there is “a very good chance” of reaching a trade deal with China, even as his own trade envoy acknowledged just hours earlier that no tariff discussions are taking place between Washington and Beijing. “Will we make a deal? There’s a very good chance we’re going to make a deal…