business

The usually quiet streets outside South Korea’s constitutional court in Seoul are now a political ground zero for a decision that will determine the country’s future. Months after Yoon Suk Yeol imposed martial law and triggered South Korea’s worst political crisis in decades, the court will on Friday decide whether to uphold the suspended president’s … Read more

Key events Show key events only Please turn on JavaScript to use this feature The Japanese yen has strengthened 1% against the US dollar on Thursday, AFP reports. In morning trade in Tokyo, one dollar bought 147.69 yen, with the Japanese currency – traditionally viewed as a safe-haven – up 1% compared to late Wednesday. … Read more

Canada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy. In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade … Read more

It was Jeopardy!, or The Price is Right, come to Washington. On an unseasonably chilly day in the White House Rose Garden, Donald Trump stood with a giant chart listing what reciprocal tariffs he would impose on China, the European Union, the United Kingdom and other hapless contestants. The winner? Trump, of course, the maestro … Read more

Australia has been hit with a 10% tariff on all imports to the US as part of a global tariff regime imposed by the US president, Donald Trump. In his “liberation day” speech, the president held up a board listing countries and their rates of tariffs. It claimed Australia imposed a 10% tariff on US … Read more

Samoa is in the grip of an “energy crisis” prime minister Fiame Naomi Mata’afa said this week, as she declared a state of emergency over power outages that have swept the country for weeks, causing huge disruption to businesses and daily life. The government is scrambling to provide relief to affected businesses and households, with … Read more

Donald Trump is finally making good on his campaign promises to “build that wall” – but instead of steel fencing along the Mexican border, it will be constructed from tariffs, and will enclose the entire United States. In his pugnacious and typically rambling speech on the White House lawn on Wednesday, Trump set out plans … Read more

What is the best way to respond to Donald Trump and his sweeping tariffs? Keir Starmer thinks the answer is to tread softly, softly – while engaging in intensive negotiations behind the scenes. There are signs that this strategy is bearing fruit. On Wednesday night, the president announced “reciprocal tariffs on countries throughout the world” … Read more

Donald Trump hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war that could wipe billions off economic growth. The US president accused other nations, including allies, of “looting, pillaging, raping and plundering” the US, as he announced tariffs on economic rivals including 20% on the … Read more

Donald Trump’s national security adviser, Mike Waltz, and his team have created at least 20 different group chats on the encrypted messaging app Signal to coordinate sensitive national security work, sources tell Politico. The revelation, which cites four people with direct knowledge of the practice, follows heightened scrutiny of the administration’s handling of sensitive information … Read more