Economy

May 2025 bank holiday benefits and pension payments dates

May 2025 bank holiday benefits and pension payments dates

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Higher incomes for millions have been promised with the start of the new financial year – despite the cost of living and inflation continuing to bite. Bills increased for most …

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Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?

Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?

For weeks, Jay Foreman, a toy company executive, froze all shipments from China, leaving Care Bears and Tonka trucks piled up at Chinese factories, to avoid paying President Trump’s crippling 145 percent tariff. But as soon as his phone lit up at 4 a.m. on Monday alerting him that Mr. Trump was lowering tariffs on Chinese imports for 90 days, …

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Tariff Truce With China Demonstrates the Limits of Trump’s Aggression

Tariff Truce With China Demonstrates the Limits of Trump’s Aggression

President Trump’s decision to impose, and then walk back, triple-digit tariffs on Chinese products over the past month demonstrated the power and global reach of U.S. trade policy. But it was also another illustration of the limitations of Mr. Trump’s aggressive approach. The tariffs on Chinese goods, which the United States ratcheted up to a minimum of 145 percent in …

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Trump Administration Considers Large Chip Sale to Emirati A.I. Firm G42

Trump Administration Considers Large Chip Sale to Emirati A.I. Firm G42

The Trump administration is considering a deal that could send hundreds of thousands of U.S.-designed artificial intelligence chips to G42, an Emirati A.I. firm that the U.S. government has scrutinized in the past for its ties to China, three people familiar with the discussions said. The negotiations, which are ongoing, highlight a major shift in U.S. tech policy ahead of …

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For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

The rule was an effort to ensure that the world’s largest data centers would be built by the United States and its allies, rather than in the Middle East or elsewhere. Biden officials were skeptical of the U.A.E.’s and Saudi Arabia’s autocratic tendencies and ties to China. They also argued that the rule would limit China’s access to A.I. chips …

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May 2025 bank holiday benefits and pension payments dates

May 2025 bank holiday benefits and pension payments dates

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Higher incomes for millions have been promised with the start of the new financial year – despite the cost of living and inflation continuing to bite. Bills increased for most …

Read More »

For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

The rule, which was scheduled to take effect May 15, permitted unlimited A.I. chip sales to 18 allies like Britain, Germany and Japan, and blocked sales to China, Iran and other adversaries. All other countries, including Saudi Arabia, the United Arab Emirates, Qatar, India, Israel and Poland, faced caps on the number of chips they could purchase, and many were …

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