Britain’s digital tax on ‘Big Tech’ not impacted by trade deal
Britain's digital services tax, imposed on U.S. companies like Amazon, Google and Meta, will not be changed under the terms of the trade deal agreed…
U.S. capital goods companies price in tariff costs to defend credit
According to an S&P Global Ratings report published today, U.S. capital goods companies could see cost increases of about 8%-10% under the U.S. tariff announcements…
Trump administration to rescind and replace Biden-era global AI chip export curbs
U.S. President Donald Trump's administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated artificial-intelligence chips, a spokeswoman for the…
Britain set to strike first deal to cut Trump tariffs
The United States and Britain will announce a deal to lower tariffs on some goods on Thursday, the first such agreement since U.S. President Donald…
Federal Reserve says it will not change rates
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment…
EU to set out next countermeasures against US tariffs on Thursday
The European Commission will announce on Thursday details of its next countermeasures against U.S. tariffs should negotiations with Washington fail, European Trade Commissioner Maros Sefcovic…
China’s trade tsar He Lifeng takes centre stage in US tariff talks
He Lifeng, a longtime confidant of Chinese President Xi Jinping who has slowly cultivated a reputation among foreign investors as a key fixer, will take…
Aerospace faces wider tariffs as Europe draws up retaliation
Aerospace companies are preparing for the next chapter in a new trade war as the European Union draws up expected counter-measures against Boeing jets in…
US, China to hold ice-breaker trade talks in Geneva on Saturday
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that…
UK in talks with US officials over movie tariffs, says minister
Britain is in "active discussions" with top U.S. officials over the 100% tariff on all movies produced outside the U.S. announced by President Donald Trump,…
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