US elections: ‘Steep challenges’ for trade as UK exports could fall by £22bn Politics Trade experts have warned Donald Trump’s proposed tariffs could pose “steep challenges” for the UK’s trade, with exports at risk of falling by £22bn. Ahead of his victory in the US election, Trump said he wants to increase tariffs on goods imported from around the world by 10 per cent, rising to 60 per cent [...]
Trump won’t end ‘double taxation’ of Americans overseas, accountancy firm warns Politics Donald Trump’s presidency is unlikely to mean a tax break for Americans living in the UK despite his pledge to end the system of so-called ‘double taxation’, an accountancy firm has warned. The Republican President-elect said during his campaign that he would reform the taxation of millions of US citizens overseas if he were re-elected [...]
Starmer appoints Jonathan Powell as UK national security adviser Politics Sir Keir Starmer has appointed Tony Blair’s former chief of staff Jonathan Powell as his national security adviser. The Cabinet Office confirmed the former Foreign Office diplomat and No10 chief operator would take on the key role advising the Prime Minister in an announcement today. It comes amid the re-election of Donald Trump as US [...]
US election: ‘You can’t love your country only when you win,’ Biden says November 7, 2024 The US electoral system “can be trusted, win or lose”, President Joe Biden said today following Donald Trump’s election win.
It turns out Kamala never stood a chance November 6, 2024 In the end, the race for the White House was not determined by the Democrats’ celebrity endorsements, a backlash by the Puerto Rican community, Kamala’s Gen Z army, her party’s superior ground game, her running mate’s folksy charm, Donald Trump’s vulgarity or his criminal record. These may be the issues that have dominated US network [...]
Keir Starmer congratulates Trump on ‘historic election victory’ November 6, 2024 Prime Minister Keir Starmer has congratulated Donald Trump on an “historic election victory” as the former president prepares for a return to the White House. In a post on X, Starmer said that “I look forward to working with you in the years ahead”. “As the closest of allies, we stand shoulder to shoulder in [...]
US Treasury yields jump and Bitcoin hits record as Trump wins election November 6, 2024 US Treasury yields jumped and Bitcoin surged to a new record as markets reacted to Donald Trump's victory in the presidential election.
Watch the US election all night long at these five London bars November 5, 2024 It’s the most stressful a US election has felt in London in a long time, as Trump looms over a potential second term in office. City traders are holding off on betting on the dollar while one senior UK politician told Morning Wire we must unite behind the outcome whichever way it swings. But until [...]
The five economic issues in the US election that could impact the UK November 5, 2024 With the US election only hours away, the UK will be watching and waiting to see if former president Donald Trump or Vice President Kamala Harris is able to take the win. But how could the winner of the US election actually affect the UK economy? 1. Tariffs and trade wars Former president Trump has [...]