Szu Ping Chan

1 week ago | telegraph.co.uk | Szu Ping Chan |Tim Wallace

The US will slash tariffs on Range Rovers and other UK-made cars to 10pc as part of Donald Trump's trade deal with the UK, The Telegraph understands. The reduction will form part of a 12-month "temporary arrangement" ahead of striking what Britain and the US hopes will be a comprehensive trade deal in the coming months. In return, the UK and US will slash tariffs on beef imports and exports close to zero, although Britain will not allow hormone-treated beef into the UK as part of the deal.

1 week ago | telegraph.co.uk | Szu Ping Chan

Tens of thousands of British workers will be forced to delay retirement or even go back to work because of the market turmoil triggered by Donald Trump's trade war, experts have warned. The Society of Pension Professionals (SPP), which includes Aviva and Legal & General among its members, said savers' pension pots faced a hit of up to 20pc after the US president announced new import taxes on goods from almost every country on April 2.

1 week ago | finance.yahoo.com | Szu Ping Chan

Donald Trump has embarked on a tax-cutting and deregulation drive - Anna Moneymaker/Getty Images) Donald Trump’s sweeping tax cuts risk triggering a US debt reckoning, global investors have warned. The US president’s proposals to make a series of tax cuts permanent would add trillions of dollars to an already “alarming debt trajectory”, the Institute of International Finance (IIF) said.

1 week ago | telegraph.co.uk | Szu Ping Chan

Donald Trump's sweeping tax cuts risk triggering a US debt reckoning, global investors have warned. The US president's proposals to make a series of tax cuts permanent would add trillions of dollars to an already "alarming debt trajectory", the Institute of International Finance (IIF) said. The IIF also cast doubt on claims that tariffs could compensate for lost revenues, as it warned extra levies could backfire by reducing revenues and raising inflation.

1 week ago | yahoo.com | Szu Ping Chan

Ed Miliband’s while making “no difference” to overall carbon emissions, the boss of Britain’s biggest long-term savings firm has warned. Sir Nicholas Lyons, chairman of Standard Life owner Phoenix, said the Government’s decision to back away from North Sea oil and gas had made Britain less secure and more vulnerable to economic shocks. High energy costs and a dependence on foreign imports have left Britain at a “competitive disadvantage”, according to the FTSE 100 chairman.