Larry Elliott

2 weeks ago | msn.com | Larry Elliott

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2 weeks ago | theguardian.com | Larry Elliott

Donald Trump’s decision to impose a 104% tariff on Chinese imports into the US has spooked the financial markets. The response is entirely rational. Over the past few decades, phoney trade wars have been commonplace. Rival nations have squared off against each other, indulged in a bit of sabre-rattling, but eventually agreed on a deal. Headlines that screamed “trade war looms” were quickly replaced by those that read “trade war averted”. This time it’s different.

2 weeks ago | theguardian.com | Graeme Wearden |Adam Fulton |Lauren Aratani |Tom Ambrose |Lucy Campbell |Kalyeena Makortoff | +5 more

'We're not looking at pause in tariffs,' Trump saysLucy CampbellAsked if he would be open to a pause in tariffs to allow for negotiations, Trump says: “We’re not looking at that.”He says there are many countries coming to negotiate deals with the US. These will be fair deals, he says. In some cases they’ll be paying substantial tariffs, he adds.

2 weeks ago | theguardian.com | Graeme Wearden |Adam Fulton |Richard Partington |Larry Elliott |Hilary Osborne |Helen Davidson | +1 more

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

2 weeks ago | theguardian.com | Graeme Wearden |Adam Fulton |Richard Partington |Larry Elliott |Hilary Osborne |Helen Davidson | +1 more

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns