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September 18, 2018 7:37 AM US imposes new tariffs on $200bn of Chinese goods

The US is imposing new tariffs on $200bn (£150bn) worth of Chinese goods as it escalates its trade war with Beijing. These will apply to almost 6,000 items, marking the biggest round of US tariffs so far. Handbags, rice and textiles will be included, but some items expected to be targeted such as smart watches and high chairs have been excluded 7

September 7, 2018 10:04 PM Trump warns of 'devastating' taxes on Canadian cars

Trump warns of 'devastating' taxes on Canadian cars WASHINGTON (AP) - President Donald Trump said Friday he does not want to hurt Canada's economy but also warned that if he imposes taxes on cars it would be "devastating" for the neighboring country. "If I tax cars coming in from Canada, it would be devastating. But I don't want to do that," Trump told reporters 2

September 4, 2018 2:57 PM Public 'ready for change' as UK economy is 'unfair' and 'not working', poll reveals

A Sky Data poll suggests most people want an increase in the minimum wage, new company taxes and more regulation for web giants. Two in three (67%) think the economy works badly for young people, while 53% believe it works badly for people outside the south, a Sky Data poll commissioned by IPPR has found. Seven in ten (70%) say the economy does not work for people 8

August 12, 2018 3:18 PM Russia SHUNS US dollar for trade as it joins Turkey in protest against Trump

RUSSIA has announced it will shun the US dollar for trade as the nation joined forces with Turkey in protest of punishing sanctions hiked by Donald Trump. Moscow declared it will decrease its holdings of US assets in retaliation against crippling tariffs imposed by US President Mr Trump on Russia and Turkey. Chillingly, Prime Minister Dmitry Medvedev 19

July 27, 2018 12:13 PM Cristiano Ronaldo to be sentenced to two years jail and fined ┬Б2.8m over tax evasion

The 33-year-old is accused of evading £5 million (€5.7 million) in taxes. He has denied the allegations. This amount is likely to be only part of the striker's fines over the case, which are expected to rise to around £16.8 million (€19 million) in total. The Juventus footballer, formerly of Real Madrid, is accused of evading €14.7million in tax between 15

July 24, 2018 7:26 PM US to give farmers $12bn trade war bailout

The US has unveiled a $12bn (£9.1bn) plan aimed at helping US farmers hurt by the intensifying trade war. The aid is intended to protect the industry as countries raise taxes on US products such as soybeans in response to new Trump administration tariffs. The US plans to provide subsidies to farmers and buy unsold crops, among other measures 16

July 24, 2018 7:52 AM Merkel’s motor industry relies on Juncker’s LAST-DITCH visit to Trump to save US-EU trade

TOP eurocrat Jean-Claude Juncker heads to the United States to meet Donald Trump in a last-ditch attempt to avoid a full-blown trade war between Brussels and Washington after a heated exchange of transatlantic threats in recent months. The European Commission’s President won’t be able to start formal negotiations without a vote from the 28 European Council 13

July 2, 2018 9:55 AM NHS needs even MORE than the £25bn boost pledged by the PM, public spending watchdog warns

The NHS needs even more than the £25billion boost pledged by Theresa May, the public spending watchdog warned today. National Audit Office chief Sir Amyas Morse said the huge cash injection would only keep services at current levels and ministers should think 'bigger'. He also insisted pressures on the social care system were 'unsustainable' and having 15

June 30, 2018 2:13 PM Trump's own tariffs make it harder to rebuild infrastructure

JEFFERSON CITY, Mo. (AP) - President Donald Trump wants to rebuild the nation's transportation infrastructure. He also wants to strengthen the U.S. steel industry through tariffs on imports. But that second goal could make it more costly to accomplish the first. Since Trump announced the tariffs in March, prices have been rising for the American steel 11

June 29, 2018 5:48 PM Man convicted in shooting that wounded Kansas tax agent

WICHITA, Kan. (AP) - A man who owed almost $400,000 in taxes has been convicted of walking into a tax office in Kansas and shooting and wounding a state tax agent who was working on his case. Ricky Wirths, 52, was found guilty Thursday of attempted first-degree murder in the September 2017 shooting of agent Cortney Holloway, The Wichita Eagle reports 9