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Europe tariffs

  • UK in line for fresh US tariff hit as Trump proposes ‘forced labour’ levy

    Economics

    Donald Trump has proposed a fresh round of tariffs that would hit numerous nations including the UK as the President seeks to rebuild his sweeping wall of levies that were struck down by the Supreme Court. The US is exploring a tariff of at least ten per cent on imports from up to 60 trading [...]

    Breaking news conference podium with microphone, focused on speakers notes and event backdrop, set for journalist updates
  • European carmakers slam on the brakes after Trump tariff shock

    Motoring

    Volkswagen reveals €4bn hit even before Washington threats to tear up the Turnberry Deal’s pledge on car import tax Shares in European carmakers were stuck in reverse on Monday, after the sector became the latest to be caught up in threats into the weekend from US President Donald Trump. The White House announced fresh plans [...]

    Porsche expects to report a profit margin of between 6.5 to 8.5 per cent in 2025, down from prior guidance of 10 to 12 per cent.
  • FTSE 100 Live: Blue-chip stocks boom on Trump and Iran ceasefire

    April 8, 2026

    Good morning and welcome back to the Morning Wire liveblog. Markets are in line for a major boom this morning after Donald Trump confirmed a two-week ceasefire with Iran shortly ahead of his latest bomb threat deadline. Trump announced the two-week postponement by stating the US and Iran were “very far along” with a “definitive” [...]

  • FTSE 100 Live: Stocks take a dip amid tariff turmoil; Oil price soars

    February 24, 2026

    Good morning and welcome back to the Morning Wire liveblog. The good old safety net of London’s blue-chip index strikes again. The week kicked off with more tariff drama after Saturday’s announcement from President Donald Trump of a sweeping 15 per cent levy across the US’ trading partners. As cool heads prevailed in government – [...]

  • FTSE 100 Live: Stocks jittery after Trump tariffs; Job vacancies fall

    February 23, 2026

    Good morning and welcome back to the Morning Wire liveblog. Tariffs are once more redefining market sentiment. Last Friday, a number of FTSE 100 stocks popped on the news President Donald Trump’s ‘Liberation Day’ levies had been struck down by the US Supreme Court. It marked a major boost to global markets after the top [...]

  • ‘Drastic’ Dave to serve up new vision for Guinness maker Diageo

    February 22, 2026

    It’s been a rocky 12 months for drinks titan Diageo and Sir Dave Lewis will be looking to cure the firm’s long-running hangover when he serves up his future vision next week. Diageo’s stock has tumbled over 15 per cent in the last 12 months with a notable drop in November after operating profit growth [...]

  • UK and Trump in new tariff discussions as businesses sound alarm

    February 22, 2026

    The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to [...]

  • Nato and Europe must be ‘stronger,’ JP Morgan’s Dimon tells Davos

    January 21, 2026

    The world’s most influential banker has said the world is “simply not safe” and called for a stronger Nato and Europe in a chilling warning to the economic elite at Davos. Speaking at the World Economic Forum, JP Morgan’s top boss Jamie Dimon said the eyes of the world “woke up” after Russia’s invasion of [...]

  • FTSE 100 Live: Trump to rock davos; Stocks dip after inflation

    January 21, 2026

    Good morning and welcome back to the Morning Wire liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]

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