Aston University study highlights the economic risks to the EU and UK of matching Donald Trump’s tariff threats

Economist Paul Krugman criticized Trump's trade tactics, highlighting risks of economic isolation as trade partners gravitate more toward the EU.

More Chinese households want to increase saving and reduce spending than before the latest trade war with the US, according to a survey by the central bank.

Sir Keir Starmer and Emmanuel Macron have reacted differently to the imposition of Donald Trump’s 10 per cent tariffs on exports from Britain and seven other European nations.

Gen. Michael Guetlein, the senior officer in charge of the US military’s planned Golden Dome missile defense shield, has laid out an audacious schedule for deploying a network of space-based sensors and interceptors by the end of President Donald Trump’s term in the White House.

President Trump clearly wants to run the economy hot going into midterms. The administration is trying to lower mortgage rates, is pushing the Fed to ease more quickly, and is deregulating the financial sector. And finally, the US remains fiscally expansive, with annual deficits approaching $2tn again.

Europe accounted for 28% of all U.S. exports through October, the latest U.S. data showed. Asia accounted for 27%. USMCA partners Mexico and Canada accounted for 31%.

It’s been a rollercoaster of a year for U.S. trade policy. Here’s a summary of how Trump’s biggest trade actions unfolded over the last year, broken down by key months. Worldwide, the U.S. also heightens import taxes on steel and aluminum to 25% ...

Europe’s dependence on the United States for NATO security limits its options. Its strongest response would be a trade “bazooka,” and other options are possible.