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Trump raises US tariffs on South Korea imports to 25%
Posted onUS President Donald Trump has announced he is raising tariffs on South Korean imports to 25% after accusing Seoul of “not living up” to a trade deal reached last year. In a post on social media, Trump said he would increase levies on South Korea from 15% across a range of products including automobiles, lumber,…
US job creation in 2025 slows to weakest since Covid
Posted onThe number of jobs created in the US grew only modestly in December, as a weak year for the employment market in the world’s largest economy drew to a close. Employers added 50,000 jobs in the final month of 2025, according to Labor Department data, which was fewer than expected. But the unemployment rate dipped…
Call for probe into possible market abuse in Budget run-up
Posted onShadow chancellor Mel Stride has called for the UK’s financial regulator to investigate “possible market abuse” by people working in the Treasury and Downing Street in the run-up the Budget. The move comes as Chancellor Rachel Reeves denied she misled the public over the state of the country’s finances, after it emerged she and officials…
