UK and US face negative impact from Trump steel tariffs, says business secretary
David Mercer & Vishala Sri-Pathma BBC News Business Secretary Jonathan Reynolds: We need guarantees on steel jobs and profitability Imposing US tariffs on UK steel would be «negative» for both…
The increase in unequal inheritance and how children can address it
In what sounds like a plot straight out of Succession, there is a rise in parents leaving more in their will for one child than another. That’s according to Scott…
US government seeks to rehire recently fired nuclear workers
The US government is in the process of recalling nuclear safety employees who were terminated on Thursday, but is facing challenges in communicating this information to them, as reported by…
Biggest risk to Donald Trump’s tariff plan: Rising US prices.
At face value, Donald Trump’s embrace of reciprocal tariffs is seen as a declaration of total trade war, potentially causing the largest peacetime shock to global commerce. By promising to…
Motor Fuel Group-owner explores sale of stake in £7bn petrol retail empire
The private equity backer of Motor Fuel Group (MFG), one of Britain’s biggest petrol forecourt empires, is exploring the sale of a stake in a deal that could value it…
Donald Trump’s reciprocal tariff plan raises risk of global trade war and inflation
The US president has pledged to target countries that impose taxes on US imports by implementing a reciprocal tariff. Donald Trump has instructed his team to begin calculating duties by…
There are five container ports around the Panama Canal, all of which are operated by foreign companies. Charting China’s impact on the Panama Canal reveals a crucial shortcut that saves ships from a lengthy detour around the tip of Chile. Since Panama joined the Belt and Road Initiative (BRI) in 2017, Chinese companies have increased their presence around the canal, prompting concerns about Beijing’s influence. The US has been particularly critical of Chinese control over ports near the canal, although this predates the BRI. The largest container ports at either end of the canal, Cristóbal and Balboa, have been operated by a subsidiary of a Hong Kong-based company since 1997. While this company is independent, experts warn that in times of conflict, China could leverage its influence over Hong Kong-based firms. Chinese involvement in other projects around the canal, such as the construction of new bridges and terminals, has also attracted attention. Despite these developments, Panamanian authorities have recently halted several high-profile Chinese-led projects, indicating a complex relationship between Panama, China, and the United States. Mapping China’s Influence in the Panama Canal Tracing China’s impact on the Panama Canal
Map of the Panama Canal, connecting the Atlantic Ocean and Pacific Ocean through Panama The ports of Colon, Manzanillo and Cristóbal at the Atlantic end are highlighted along with Rodman…
TikTok back on US app stores after Trump reassures tech giants
«`html TikTok is back on Apple and Google’s US app stories after President Trump said the tech giants would not be fined if they reactivated it. They removed the hugely…
Does the US face unfair trade, as Trump claims?
Donald Trump has directed his team to develop plans to implement reciprocal tariffs, or import taxes, on goods entering the US from other countries. The exact form of these tariffs…
Baby formula prices and branding leading to negative outcomes for parents, watchdog warns
Regulators have proposed sweeping changes for the baby formula industry, saying high prices and branding are leading to «poor outcomes» for parents. The Competition and Markets Authority (CMA) found many…