Jonathan Reynolds is due to address MPs on Thursday morning after Mr Trump confirmed sweeping import levies on countries across the world, hailing America’s “declaration of economic independence”.

The sweeping new tariffs announced Wednesday by Trump were met initially with measured reactions from key trading partners, ...

Tech slugged with higher duties, base 10% hike, semiconductors exempt for now US President Donald Trump has imposed a ten ...

The president has been announcing tariffs for months, but his latest moves are opening salvos in potentially drawn-out ...

In an interview with CNN’s Kaitlan Collins, US Treasury Secretary Scott Bessent urged other countries not to issue ...

US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs ...

Economists and analysts have expressed concerns about the potential repercussions of these tariffs. There is apprehension ...

Stephen Phipson, chief executive of Make UK, the manufacturers’ trade body, said: “The US president’s announcement of 10 per ...

While India will be watching the tariff decision closely, trading partners from European Union to Canada and Mexico have ...

President Trump announced sweeping levies on countries across the world. Washington’s partners have been bracing for the ...

Donald Trump’s long-awaited plan to impose hefty tariffs on America’s trade partners has arrived and some of the world’s most vulnerable economies have been harshly punished.

US President announces minimum baseline of 10%, with rates going even higher for those deemed the 'worst offenders' ...