Browsing: US tariffs Live

The ongoing choas from Trump’s tariffs are back on the UK front pages as the IMF cuts global growth rates and confirms the UK is set to be amongst the hardest countries hit. The US has received the biggest downgrade amongst advanced economies as anxiety drives gold up amid Trump’s constant attacks on the Federal Reserve boss Jay Powell. There are concerns over how independent the central bank is and general worries over the state of the US economy. 

Xi Jinping’s Diplomatic Mission: Chinese President Xi Jinping has commenced a pivotal week of diplomacy in Southeast Asia, beginning his visit in Vietnam. This trip serves to reinforce China’s image as a responsible global player in contrast to the United States’ recent trade policies under President Donald Trump, particularly as the US maintains high tariffs on Chinese goods.