Two trade deals and a rate cut in one week … are things looking up for UK plc? Analysts say the news boosts business confidence, helps an EU trade reset and shows the UK is a good place to invest – but it’s unlikely to turbo-charge GDP
Trump floats cutting Chinese tariffs from 145% to 80% before weekend talks Meeting aimed at de-escalating trade war after Chinese exports beat expectations despite slump in trade
Bank of England governor urges UK to rebuild EU trade ties as key summit looms After US talks, Andrew Bailey says Britain must do everything it can to improve trading relations with bloc
UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war fallout
UK officials land in Washington as talks over trade agreement continue Senior negotiators hope to get agreement with US signed ahead of UK-EU summit on 19 May
Has UK-India trade deal ‘sold out British workers’ as Farage and Badenoch claim? Row over exemption of national insurance contributions for Indian short-term workers overshadows deal
BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July The German carmaker has reported that its first-quarter profits for 2025 have fallen by 25%
Starmer beats Trump to the line in race for trade deal with India India has made concessions in trade negotiations, leaving UK heralding deal as ‘most significant’ since Brexit
Bank of England poised to cut rates as fears grow over impact of Trump tariffs Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go further
UK should not fear trade with China – but it needs to keep risks in check There is an opportunity for Britain in areas such as green finance, though it needs to keep clear red lines over security
Wall Street and European markets finish week on a high after US jobs report FTSE 100 records its longest winning streak as Washington releases better-than-expected hiring figures
Why is Trump ending the ‘de minimis’ tariff loophole on low-value imports? Goods worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase
Trump tariffs cause fastest slump in British factory export orders in five years Decline in output and new orders in April allied with rising uncertainty is prompting layoffs, survey finds
Trump’s tariffs: ‘It feels like Covid 2.0. So many things are getting disrupted’ Pittsburgh residents, workers and business owners react to the increasingly fraught trading reality now upending supply chains and hitting prices
Chinese e-commerce exports to US plummet by 65% in face of tariffs Temu and Shein among fast-fashion sites affected by drop in first three months of this year but sales in rise to EU