Trump orders India tariff hike to 50% for buying Russian oil
India, which now faces among the highest tariff rates imposed by the US, called the levy “unjustified and unreasonable”. …
Category: Business and Finance
How Europe is vying for rare earth independence from China
The EU is aiming to increase its own production of rare earth metals, led by a facility in France. …
Apple to invest $100bn after pressure from Trump
The president had been pressing Apple to do more of its manufacturing in the US. …
What economic levers are left for Reeves to pull?
The Chancellor Rachel Reeves is due to deliver her Budget in the autumn. …
Will new greener brake pads be more expensive?
Automotive industry will have to change techniques and materials as new EU rules come into force in 2026 …
Adidas to raise prices as US tariffs cost €200m
The German sportswear giant sources most of its products from Vietnam and Indonesia. …