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Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump is demanding that iPhone production takes place in America and accuses European Union of $250B trade deficit
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How Zara’s unorthodox Russian exit left it primed for a return
Inditex put cash into subsidiary before sale for ‘not significant’ sum to company now selling near-identical products
Latest Business
Surprise U.S.-China Trade Deal Gives Global Economy a Reprieve
Tariff reductions are bigger than expected and Bessent says ‘neither side wants to decouple’
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Trump says 'total reset negotiated' with China during tariff talks in Geneva
President says 'great progress' was made with Beijing amid tariff battle
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Warren Buffett announces retirement from leading Berkshire Hathaway
Billionaire shocked audience of investors with disclosure and said his vice-chair, Greg Abel, should take over
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China draws up list of U.S.-made goods exempt from 125% tariffs, sources say
Goods included on 'whitelist' remain unclear
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Elon Musk forced back to the boardroom as Doge ‘blowback’ pummels Tesla
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Musk stepping back from government work amid plummeting Tesla sales
Elon Musk said in an earnings call Tuesday that he will turn more of his attention to Tesla starting next month.
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White House is ‘close’ on Japan, India tariff agreements — but expect them to be light on specifics
One person close to the White House said that it “may take months to hammer out the final deals.”
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Fast fashion e-commerce sites Temu and Shein say they're raising prices because of tariffs
Both sites say U.S. customers will see higher prices starting next week
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Pity American firms in China. Xi Jinping is hitting back
From Apple and Boeing to Nike and Starbucks, there is a lot of money at stake
Trump says China 'reneged' on Boeing deal as tensions flare
Washington (AFP) – US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.
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China urges US to 'completely cancel' tariffs
China, which has retaliated with 125% tariffs, called for a "return to the right path of mutual respect".
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EU puts US counter-tariffs on hold
This comes after President Donald Trump authorized a 90-day pause on tariffs above 10%
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