Scott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%.
Promise comes as minister admits to ‘uncertainty’ about new 15% levy on imports from around the world ...
UK beef arrives in the US tariff-free for the first time, cutting costs for British exporters and opening a £70 million trade ...
The president threatened to raise the tariff to 15% but has not yet issued an official directive to increase the rate.
U.S. President Donald Trump's latest tariffs measures have thrust British businesses into fresh uncertainty.
US allies will suffer the biggest hit from the president's latest announcement, think tank Global Trade Alert says.
The UK automotive sector could be hammered by new tariffs from President Donald Trump, following a difficult year when overall vehicle manufacturing plummeted. President Donald Trump has threatened ...
Donald Trump’s 10 per cent tariffs on the UK could have a damaging impact on Britain’s economy and potentially tip it into recession, economists believe. The US president threatened to increase the ...
US President Donald Trump has introduced a new 10% global tariff rate after the Supreme Court ruled that the majority of tariffs he introduced in 2025 were illegal. Trump argues that his import taxes ...
Donald Trump has said the new global tariff rate on imports to the US will be 15%, not the 10% he previously announced. It's ...
Those fears were overdone, for all the reasons detailed here last May. The World Bank estimates global trade grew 3.4 per cent in 2025. Even Chinese exports – among Trump’s chief tariff targets – rose ...
Nations across the globe are pressing “pause” on trade deals with the United States in light of the latest developments ...