Business Secretary Jonathan Reynolds is an affable chap. Remember that cliché used to describe belligerent footballers over the decades — “he could start a fight in an empty room”? Well, Reynolds is the polar opposite: he’s a man who could quieten down a disagreement in a debating chamber.

Donald Trump has hit the UK with a 10% tax on imports into the US, which is half the size of the tariff the president has imposed on the EU.It looks like Britain therefore escaped the worst of Trump’s sweeping announcement with just the base rate charges – even though ministers had initially hoped to get a complete exemption from the potentially crippling tariffs.

So it’s finally happened. Donald Trump took to the White House Rose Garden on Wednesday night to announce his grand tariff plan on what he’d dubbed “Liberation Day”.

President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars

Your guide to what the 2024 US election means for Washington and the world Donald Trump announced sweeping new tariffs on US imports on Wednesday, taking the global economy into a new era of trade competition.

First Minister John Swinney is quizzed by opposition leaders at Holyrood. Scottish Tory leader Russell Findlay questions him on Trump's trade tariffs and the impact on Scottish wh

The UK has been hit with a 10% tariff on all of its goods being brought into the US, which Trump says is a retaliation to UK tariffs on American goods, but uncertainty remains over the potential impact on British consumers.

Donald Trump's tariffs will "clearly" have an economic impact on the UK and globally, Prime Minister Sir Keir Starmer has told business leaders in Downing Street. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports and 20% on those from the European Union.