Donald and Melania Trump's unusually serious official Christmas portrait has drawn comparisons to The Grinch. The sombre mood follows a Supreme Court defeat and criticism over tariffs, despite positive economic news.
The US economy posted strong 4.3% annualised growth in Q3, far exceeding forecasts. However, consumer confidence fell for a fifth consecutive month, creating a complex picture for the Federal Reserve.
Global Scotch sales fall for a third year, with US tariffs costing £4m a week. Diageo scales back distillery operations as industry adapts to a supply glut. Read the full analysis.
The US economy expanded at a robust 4.3% annualised rate in Q3 2025, far exceeding expectations. The strong data complicates the Federal Reserve's interest rate decisions amid mixed inflation and jobs signals. Read the full analysis.
China imposes provisional tariffs of up to 42.7% on EU dairy products, a move seen as retaliation for EU electric vehicle duties. The decision impacts major brands and trade relations.
The Trump administration has detailed a series of new executive actions on immigration and trade, sparking immediate debate. Explore the key policy changes and their potential impact.
President Trump announces a symbolic $1,776 payment for 1.45 million military personnel, funded by tariffs. The 'Warrior Dividend' faces questions over a Supreme Court ruling and eligibility. Read the full analysis.
Learning Resources, a family-owned US toy firm, is challenging Trump's tariffs at the Supreme Court, arguing they are illegal. With £14m in duties projected this year, the case could reshape trade policy.
President Trump pledges $1,776 to 1.45 million US troops in a pre-Christmas 'warrior dividend', funded by tariffs and tax bills, amid legal scrutiny. Read the full analysis.
MPs warn UK's 'milestone' zero-tariff drug deal with the US is 'built on sand' with no legal text. Concerns grow as a separate £31bn tech deal is paused. Could the NHS pay more for nothing?
Trump's tariffs are crippling small US manufacturers like EarthQuaker Devices, adding up to 30% in costs and stalling job growth in Ohio's industrial heartland. Explore the impact.
US wholesale giant Costco launches a lawsuit against the Trump White House, alleging misuse of emergency powers to impose tariffs. The firm warns importers may never recover funds even if duties are ruled unlawful.
The EU's 2035 ban on new petrol and diesel cars creates a significant challenge for Chinese-owned Volvo and Polestar. Discover the strategic shifts and potential tariffs impacting these Swedish brands.
The UK has secured a major three-year deal for zero US import tariffs on pharmaceuticals, safeguarding £5bn in annual exports and boosting life sciences investment. Read the full analysis.
The UK and US have agreed a landmark deal maintaining zero tariffs on pharmaceuticals, while the NHS commits to a 25% net price increase for new medicines. Explore the details and implications.
The US has agreed to spare the UK from threatened trade tariffs on pharmaceutical products, ensuring access to latest medical breakthroughs. Read the full details.
Millions of electric vehicle owners will pay extra £49 monthly from January as Ofgem raises energy price cap. Learn how to reduce charging costs.
UK small businesses face holiday season crisis as Trump's tariffs threaten to derail Christmas sales. Discover how British entrepreneurs are fighting back.
Guardian readers across America reveal how rising prices and unemployment fears are forcing them to cut back on festive spending. Discover how economic uncertainty is changing holiday traditions.
On the eve of the budget, we assess the criticism facing Chancellor Rachel Reeves, her pitch to Labour MPs, and the potential for tax rises. Plus, a warning on China tariffs.
As Trump touts Walmart's cheap Thanksgiving deals, economists reveal a complex picture of holiday food prices affected by tariffs and inflation. Discover the full story.
High-level US officials head to Brussels to resolve sticking points in July's controversial tariff agreement. Key issues include steel levies and implementation delays.
Analysis of Trump's chaotic post-election affordability drive, revealing contradictions, magical thinking, and economic missteps. Discover the real impact on US voters.
US officials privately indicate potential delay in Trump's promised 100% semiconductor tariffs to avoid trade war with China and consumer price concerns. Full analysis.
Japan's economy contracts for first time in six quarters as US tariffs hammer exports. GDP falls 1.8% annualised amid global trade tensions. Discover the full impact.
US President Donald Trump has signed an executive order removing tariffs on Australian beef and other food imports. Australian officials welcome the decision, calling previous duties 'unjustified'.
Donald Trump has signed an executive order lowering tariffs on beef, coffee and bananas, marking a sharp policy reversal as concerns over rising costs grow. Explore the political implications.
American consumers face difficult choices as Trump's new tariffs and persistent cost of living pressures impact holiday shopping budgets. Discover how families are adapting.
American pasta lovers face potential shortages as Trump considers 107% tariffs on Italian imports. Celiac sufferers and pasta connoisseurs panic-buy favourite brands.
Global tax advisory market set to hit $64bn as Trump's trade policies and tariffs create unprecedented complexity, driving demand for specialist services. Discover the key growth sectors.