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tariffs

  • Trump’s tariff decisions send shockwaves through the markets

    February 23, 2026

    Global assets and markets have once more found themselves reeling from the aftershocks of Trump’s tariffs decision, after his weekend announcement sent investors scrambling. The US president announced a 15 per cent blanket tariff on Saturday in rebuttal to the Supreme Court striking down his signature economic policy. Bitcoin suffered a sharp selloff on Monday [...]

  • FTSE 100 Live: Stocks jittery after Trump tariffs; Job vacancies fall

    February 23, 2026

    Good morning and welcome back to the CityAM liveblog. Tariffs are once more redefining market sentiment. Last Friday, a number of FTSE 100 stocks popped on the news President Donald Trump’s ‘Liberation Day’ levies had been struck down by the US Supreme Court. It marked a major boost to global markets after the top [...]

  • ‘Drastic’ Dave to serve up new vision for Guinness maker Diageo

    February 22, 2026

    It’s been a rocky 12 months for drinks titan Diageo and Sir Dave Lewis will be looking to cure the firm’s long-running hangover when he serves up his future vision next week. Diageo’s stock has tumbled over 15 per cent in the last 12 months with a notable drop in November after operating profit growth [...]

  • UK and Trump in new tariff discussions as businesses sound alarm

    February 22, 2026

    The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to [...]

  • Trump announces new blanket tariff after Supreme Court ruling

    February 21, 2026

    US President Donald Trump has announced a new global tariff after the US Supreme Court ruled that his previously imposed duties were illegal. Trump imposed a 10 per cent global tariff shortly after the court’s ruling, a decision the president called “terrible”. The import duty will apply to all countries and be effective “almost immediately”, [...]

  • Scotch whisky makers look to India amidst Trump tariff worries

    February 18, 2026

    Scotch whisky makers selling into the US faced a challenging year as a result of Donald Trump’s tariffs, according to new figures, but many distilleries spy a long term opportunity in India. Figures out last week from the Scotch Whisky Association (SWA) showed that the value of Scotch exports to the US declined by four [...]

  • Trump to raise tariffs on South Korea to 25 per cent

    January 27, 2026

    US President Donald Trump has said he will increase tariffs on South Korea to 25 per cent, after accusing Seoul of “not living up” to the trade deal reached late last year. In a Truth Social post on Monday, Trump said the increase would apply to a range of products including lumber, automobiles, pharmaceuticals and [...]

  • FTSE 100 Live: Babcock boss exits; Retail sales fall in golden quarter

    January 23, 2026

    Good morning and welcome back to the CityAM liveblog. Today is the final day of the World Economic Forum in Davos and what a ride it has been for capital markets. The FTSE 100 started Monday’s trading session at a cool 10,235.31 before shedding some points as Trump turned up pressure on his tariff [...]

  • Where does Britain stand in the New World Order?

    January 22, 2026

    A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain? Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for [...]

  • Trump rows back from tariff threat after scathing Davos speech

    January 21, 2026

    Donald Trump has rowed back from a radical plan to apply tariffs on European countries objecting to his demands to annex Greenland, just hours after launching a scathing attack on the continent’s leaders during a historic address at Davos. In a post on his social media app, the President revealed he had reached a “framework [...]

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