Trump tariffs on UK goods unjustified - here's why
Friday, 25 April 2025 () As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest trade figures confirm three realities that ought to shape negotiations.
Twelve U.S. states, led by New York, are suing President Trump over his sweeping tariff policies, arguing he violated the Constitution by bypassing Congress. The lawsuit challenges his use of the International Emergency Powers Act to justify tariffs on goods from China, Mexico, and more. The White...
Chancellor Rachel Reeves insists she is “confident” the UK can secure a trade deal with the United States but will “only ever act” in the national interest in agreeing to one. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rajesh Kumar Singh and David Williams co-chaired the India-UK Defence Consultative Group meet in London. They discussed strengthening military cooperation and.. IndiaTimes
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s prediction of a “de-escalation” in the trade war, calling current rates unsustainable. Trump imposed 145% tariffs on Chinese goods, prompting 125% retaliation from Beijing. As markets rebound and interest rate fears rise, insiders suggest change is coming—but Trump insists, “We’re doing fine with China.” Is a new phase of U.S.-China trade about to begin?
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Spain's Pedro Sánchez aims for closer trade ties with China amid US tariffs uncertainty
Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'
READ MORE : http://www.euronews.com/2025/04/10/spains-pedro-sanchez-aims-for-closer-trade-ties-with-china-amid-us-tariffs-uncertainty
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Credit: euronews (in English) Duration: 01:20Published
Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates with 84% on US goods. China accuses Washington of violating trade norms and files a WTO complaint. With over 280 Chinese firms listed in the US, including Alibaba, this move could send shockwaves through global markets. Bessent warns of deeper escalation if China devalues its currency, urging negotiation before the economic crossfire intensifies further.
#USChinaTradeWar #TrumpTariffs #ChinaRetaliation #ScottBessent #StockMarket #Alibaba #Beijing #WTO #TariffWar #TrumpVsChina #Delisting #TradeCrisis #WallStreet #EconomicShowdown #GlobalMarkets #USImports #ChinaExports #Geopolitics #CurrencyWar #FoxBusiness
Treasury Secretary Scott Bessent revealed that the U.S. is gearing up for 70 tariff negotiations with foreign governments following the Trump administration's sweeping overnight tariff hike. Speaking at the American Bankers Association, Bessent hinted these tariffs are a ceiling—unless countries retaliate. He warned nations not to pivot towards Beijing to replace lost U.S. trade. As Bessent cancels Easter plans, Washington braces for a diplomatic traffic jam, signaling a tense chapter in Trump’s hardline trade strategy, now supercharged with global economic consequences and increasing strategic pressure on allies.
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