Faisal Islam
Economics Editor at BBC
Econ Editor, BBC. Fin crisis book @theDefaultLine .. Newsnight. Host award-winning 2016 EUref TV interviews & 2017 GE debate. United ST.
Articles
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1 week ago |
bbc.co.uk | Faisal Islam
The real question about positive comments by Vice-President JD Vance about a UK-US trade deal, is what he actually means by the term "deal". Just after Prime Minister Sir Keir Starmer's visit to the White House in February, it was rather telling that the UK delegation referred to what was being negotiated as an "economic deal". This was meant to show that this "deal" was not about an extensive free trade agreement, covering nearly all goods.
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1 week ago |
bbc.com | Faisal Islam
Trump's iPhone olive branch is a significant trade war retreatGetty ImagesIn a US customs messaging note quietly slipped out in the early hours of Saturday, a series of numbers were listed as exempt from the 125% tariff on goods entering the country from China. The code "8517.13.00.00" means very little to most of the world, but in the US customs list it represents smartphones.
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1 week ago |
flipboard.com | Faisal Islam
2 hours agoWatch: Aamir Khan And Girlfriend Gauri Spratt Make First Public Appearance Together In ChinaAamir Khan grabbed attention when he appeared publicly for the first time with his girlfriend, Gauri Spratt, in China. On Saturday (12 April 2025), the couple made their first joint appearance at the Macau International Comedy Festival.
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1 week ago |
opovo.com.br | Faisal Islam
O vaivém do governo americano, aumentando e suspendendo tarifas de importação traz incertezas para o mercado mundial – e pode até ter revelado uma vulnerabilidade de Donald Trump O presidente americano Donald Trump e seu entorno se esforçaram heroicamente nas últimas horas para fazer crer que os últimos sete dias não representaram o caos absoluto. A leitura indica que o jogo de xadrez 4D de Trump deixou a China em xeque.
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1 week ago |
bbc.com | Faisal Islam
Author, Faisal IslamRole, Editor de economia, BBC NewsHá 5 minutosO presidente americano Donald Trump e seu entorno se esforçaram heroicamente nas últimas horas para fazer crer que os últimos sete dias não representaram o caos absoluto. A leitura indica que o jogo de xadrez 4D de Trump deixou a China em xeque. A economia chinesa certamente enfrenta um imenso golpe devido às tarifas punitivas impostas pelo seu maior mercado importador.
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It does make a difference though because some UK manufacturers thought they would now be relatively more competitive in US market than say EU or India. Still the case with China obviously. Helps with Northern Ireland trade complications too.
It sounds like Britain is still facing US tariffs despite Donald Trump's 90-day pause The UK is still being hit with baseline tariffs of 10% along with a higher rate of 25% on exports of steel, aluminium and cars While ministers are encouraged by the shift in position it makes
No way if the Administration had planned this escalation to 104% tariffs with China would they have sequenced it by alienating key allies with a universal tariff for no reason, even on their own rationale (eg surplus countries UK & Australia) first…