Trump tariffs on UK goods unjustified - here's why
Friday, 25 April 2025 As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest trade figures confirm three realities that ought to shape negotiations.
Rachel Reeves is a "gnat's whisker" away from having to raise taxes in the autumn budget, a leading economist has warned - despite the chancellor insisting her.. Sky News
Rachel Reeves says it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has hailed the government's "significant progress" to get NHS hospital waiting lists down by almost a quarter of a million. The chancellor adds the extra funding for the NHS in Wednesday's spending review should help waiting lists fall further. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
If you sat through the entire spending review speech delivered by Rachel Reeves in the House of Commons, you might have been lulled into a sense that the UK was.. Sky News
Chancellor Rachel Reeves has delivered her first spending review in the House of Commons, giving an indication of the government’s priorities and direction of travel until the end of the current decade. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
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President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a high-stakes negotiation involving top U.S. and Chinese officials, resulting in a 90-day pause on most tariffs. Trump highlighted this as a key breakthrough in the discussions led by Treasury Secretary Scott Bessent and Trade Rep. Jamieson Greer. The agreement is expected to ease tensions and create a temporary window for further economic cooperation between the two global powers.
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Congresswoman Joyce Beatty erupted in a heated exchange with Treasury Secretary Scott Bessent over delays in the Harriet Tubman $20 bill, his alleged crypto ties to DOGE, and the impact of Trump-era tariffs. With high-level U.S.-China trade talks resuming in Switzerland, Beatty’s outburst spotlights growing frustration within Congress. As Bessent touts upcoming trade deals, Beatty accuses the administration of ignoring economic realities and symbolic justice. Watch the dramatic hearing and the fiery debate that could reshape the tariff narrative.
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The United States and Ukraine have signed a landmark deal to share profits from future mineral sales, ending months of tense negotiations. The agreement establishes a joint reconstruction fund and signals long-term U.S. commitment to Ukraine’s sovereignty and recovery. Treasury Secretary Scott Bessent says the deal reflects a broader peace strategy. As the U.S. counters China’s rare earth dominance, Ukraine's vast reserves of lithium, titanium, and graphite become critical. Kyiv calls the deal vital for securing future aid and investment, while Moscow faces new pressure from Washington.
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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
#ScottBessent #ChinaTariffs #USChinaTensions #TradeWar #JobLosses #XiJinping #TrumpAdmin #WhiteHousePress #BeijingEconomy #TariffTalks #EconomicCrisis #USDeficit #TradeDeficit #GlobalTrade #FinancialStability #SupplyChainCrisis #Geopolitics #ChinaJobs #USPolicy #BidenVsChina
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