Swiss officials call for Fifa chief Infantino to soften Trump tariff blow August 7, 2025 Fifa president Gianni Infantino has been called upon by political figures in Switzerland to help persuade Donald Trump to lower tariffs on the landlocked nation. The US President has announced that Switzerland is in line to be slapped with 39 per cent tariffs as part of his sweeping economic policies that have seen countries rush [...]
Global markets take a tumble as Trump pushes on with his trade war August 1, 2025 Global stocks weakened on Friday morning after US President Donald Trump hit multiple countries with a blitz of tariffs. Trump’s ambition to restructure the global trading order in his administration’s favour has sent jitters through markets on his set negotiation deadline day. The FTSE 100 is down 0.7 per cent, with UK drug maker Astrazeneca [...]
Stellantis: Vauxhall owner warns of £1.3bn tariff hit after EU-US deal July 29, 2025 Stellantis will have to shoulder a €1.5bn (£1.3bn) hit from President Donald Trump’s swingeing tariffs on cars this year despite the trade deal struck between the European Union and United States earlier this week. The automaker, whose stable of marques includes Vauxhall and Fiat, confirmed in a half-year update that it had already incurred levies [...]
Is Brexit Britain a winner of the EU and US trade tie-up? July 28, 2025 Brexit Britain is set to have curbed another President Donald Trump trade offensive after the US and EU inked a deal which economists dubbed a White House win and European retreat. The deal, announced late Sunday night, will see the original US-imposed tariffs of 30 per cent on the EU slashed to 15 per cent. [...]
European markets rally as Trump and EU ink trade deal July 28, 2025 Markets across Europe opened in the green on Monday morning after President Donald Trump sealed a trade deal with the EU after months of discussion. The Cac 40 in Paris was up over one per cent and Germany’s DAX and Amsterdam’s AEX nearly one per cent. In London, the FTSE 100 jumped over 0.4 per [...]
Trump secures ‘big win’ in EU trade deal after Brussels retreats July 28, 2025 President Donald Trump has achieved a “big win” after inking a trade agreement with the European Union following a months-long standoff between two of the world’s largest economic titans. The US President met with European Commission President Ursula von der Leyen in Scotland to continue trade discussions as part of his four-day private visit to [...]
Sport teams safe bets as valuations buck Trump tariff slump May 30, 2025 Valuations of sports clubs have survived “recent market volatility stemming from President Donald Trump’s tariffs”, top analysts have said amid market turmoil as a result of decisions made in the White House. Sports clubs have seen their valuations remain stable, and in some cases rise, despite huge hits elsewhere, including the manufacturing industry – due [...]
Company bosses hit pause on growth plans after tariff shock May 27, 2025 Top UK business leaders have sounded the alarm on geopolitical tensions, warning that trade uncertainties are threatening their growth prospects. Nearly half of UK chief executives admitted to being “very or extremely concerned” about the impact of tariffs on their company’s operations and sales in the upcoming year. Concerns have led to company chiefs slamming [...]
Porsche: Trump tariffs and China troubles to slash sales and profit April 29, 2025 Porsche has cut its forecasts for 2025 amid fears over the impact of President Donald Trump’s tariffs on the global car industry. The luxury sports car maker expects to report a profit margin of between 6.5 to 8.5 per cent this year, down from prior guidance of 10 to 12 per cent. Revenue is also [...]
Mid-sized firms target new trade routes after tariff chaos April 27, 2025 A significant proportion of mid-sized businesses still expect to increase exports in the next year despite tariff uncertainty, according to a new survey. BDO’s survey of 500 mid-sized business found almost two in five, or 37 per cent, expect to increase exports over the next year. The findings also suggest business leaders have been planning [...]